Plan Ledger DOL Form 5500 · updated monthly

Pacific HR, Inc.401(k)

PACIFIC HR, INC. 401(K) RETIREMENT PLAN · SOLVANG, CA · plan year 2022

Reported admin expense ratio · 2022
1.02%

Peer grade: D · admin costs + employer contributions vs same-size plans · how grading works

Pacific HR, Inc. reported $22,464 in plan administrative expenses for 2022: 1.02% of average plan assets, higher than ~75% of peers. Employer contributions averaged $196 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in California (8,323rd of 9,483), and 10,891st of 11,654 in professional & technical services. In 2022, employees put in $3.48 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$1,969,156
Participants with balances41
Active participants247
Employer contributions$48,326
Employee contributions$168,335
Employer contribution per active participant$196
Average account balance$48,028
Benefits paid to participants$8,860
Plan auditUnmodified (clean) audit opinion
AuditorSKIBBIE CPA, INC.
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$17,230
Investment management$5,234
Total administrative$22,464
The Pacific HR, Inc. 401(k) match · 2022
Employer contribution per active participant$196
Median for plans this size$1,114

Pacific HR, Inc.'s 2022 employer contribution ran below the $1,114 median for plans its size, in the bottom quarter of its peers. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$22,464 · 1.02%
Similar plansProfessional & Technical Services · California
Graphite Bio, Inc. CA$2.0M · 0.00%
Ceres Imaging, Inc. CA$2.0M · 0.15%
Cjg, Inc. CA$2.0M · 1.29%
Matian Firm PC CA$1.9M · 0.88%
Blueprint Studios CA$1.8M · 0.06%

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Source: U.S. Department of Labor, Form 5500 series, EIN 770235281 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.