Plan Ledger DOL Form 5500 · updated monthly

Paul Hobbs Winery, LP401(k)

PAUL HOBBS WINERY, LP 401(K) SAFE HARBOR PLAN · SEBASTOPOL, CA · plan year 2024

Reported admin expense ratio · 2024
0.61%

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

Paul Hobbs Winery, LP reported $44,123 in plan administrative expenses for 2024: 0.61% of average plan assets, above the peer median. Employer contributions averaged $2,434 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 3 years on file its reported administrative ratio has held roughly steady near 0.609%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in California (6,086th of 9,483), and 9,773rd of 13,661 in manufacturing. In 2024, employees put in $1.93 for every $1.00 the employer contributed; active participation has grown from 66 to 130 since 2022.

Plan summary
Net assets, end of year$7,771,136
Participants with balances106
Active participants130
Employer contributions$316,396
Employee contributions$610,239
Employer contribution per active participant$2,434
Average account balance$73,313
Benefits paid to participants$917,128
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$7.8M · 106 accts · $316K emplr
2023$6.7M · 108 accts · $531K emplr
2022$5.7M · 102 accts · $127K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$15,668
Investment management$28,455
Total administrative$44,123
The Paul Hobbs Winery, LP 401(k) match · 2024
Employer contribution per active participant$2,434
Median for plans this size$1,313
2024$2,434 per active participant
2023$5,971 per active participant
2022$1,918 per active participant

Paul Hobbs Winery, LP's 2024 employer contribution ran above the $1,313 median for plans its size, placing it in the top 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20244
OSAIC WEALTH INC · Investment advisory (plan)$21,298
WOODBURY FINANCIAL SERVICES INC · Investment advisory (plan)$3,783
EMPOWER ADVISORY GROUP, LLC · Investment management$3,373

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

Administrative cost history3
2024$44,123 · 0.61%
2023$35,863 · 0.58%
2022$37,872 · 0.61%
Similar plansManufacturing · California
Mare Island Dry Dock LLC CA$7.8M · 0.76%
The Garlic Company CA$7.8M · 0.57%
Premio, Inc. CA$7.8M · 0.55%
Dr. Squatch, Inc. CA$7.8M · 0.10%
Tropicale Foods LLC CA$7.7M · 0.93%
Evofem, Inc. CA$7.7M · 0.09%
Pulse Biosciences, Inc CA$7.7M · 0.13%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 680251767 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.