Plan Ledger DOL Form 5500 · updated monthly

Patagonia Works401(k)

PATAGONIA WORKS 401(K) PLAN · VENTURA, CA · plan year 2024

Reported admin expense ratio · 2024
0.04%

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

Patagonia Works reported $170,686 in plan administrative expenses for 2024: 0.04% of average plan assets, below the peer median. Employer contributions averaged $7,268 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.

Across the 2 years on file its reported administrative ratio fell from 0.05% to 0.04%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other wholesale trade employers. By assets it is the 321st-largest of 9,483 plans among California employers on file, and the 119th of 4,246 in wholesale trade. In 2024, employees put in $1.06 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$404,959,981
Participants with balances3,989
Active participants2,069
Employer contributions$15,038,445
Employee contributions$15,910,943
Employer contribution per active participant$7,268
Average account balance$101,519
Benefits paid to participants$27,729,754
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$405.0M · 3,989 accts · $15.0M emplr
2023$364.6M · 3,995 accts · $13.4M emplr
2022$303.4M · 3,644 accts · $13.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$135,000
Total administrative$170,686
The Patagonia Works 401(k) match · 2024
Employer contribution per active participant$7,268
Median for plans this size$4,294
2024$7,268 per active participant
2023$5,918 per active participant
2022$5,796 per active participant

Patagonia Works's 2024 employer contribution ran above the $4,294 median for plans its size. 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20241
THE VANGUARD GROUP, INC. · Recordkeeping · Consulting$165,463

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024Vanguard
2023Vanguard

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$170,686 · 0.04%
2023$158,654 · 0.05%
2022$155,752 · 0.05%
Same employer
Similar plansWholesale Trade · California
Epson America, Inc. CA$457.1M · 0.03%
Proponent, Inc. CA$447.3M
Red Bull North America, Inc. CA$419.6M · 0.10%
Resmed Corp. CA$400.6M · 0.09%
Wilbur-Ellis Holdings, Inc. CA$398.0M · 0.06%

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Source: U.S. Department of Labor, Form 5500 series, EIN 952785810 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.