Plan Ledger DOL Form 5500 · updated monthly

Peninsula Components401(k)

PENINSULA COMPONENTS 401(K) PROFIT SHARING PLAN AND TRUST · SAN CARLOS, CA · plan year 2024

Reported admin expense ratio · 2024
0.27%

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

Peninsula Components reported $50,181 in plan administrative expenses for 2024: 0.27% of average plan assets, below the peer median. Employer contributions averaged $1,831 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 rose from 0.25% to 0.27%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other wholesale trade employers. By assets it is the 3,628th-largest of 9,483 plans among California employers on file, and the 1,882nd of 4,246 in wholesale trade. In 2024, employees put in $3.85 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$20,062,972
Participants with balances200
Active participants167
Employer contributions$305,725
Employee contributions$1,175,635
Employer contribution per active participant$1,831
Average account balance$100,315
Benefits paid to participants$724,847
Plan auditUnmodified (clean) audit opinion
AuditorBPM LLP
Plan history3
Yearassets · accounts · employer contribution
2024$20.1M · 200 accts · $306K emplr
2023$17.1M · 205 accts · $242K emplr
2022$13.8M · 207 accts · $225K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$4,864
Investment management$45,317
Total administrative$50,181
The Peninsula Components 401(k) match · 2024
Employer contribution per active participant$1,831
Median for plans this size$2,416
2024$1,831 per active participant
2023$1,407 per active participant
2022$1,236 per active participant

Peninsula Components's 2024 employer contribution ran below the $2,416 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 · 20242
WHITESPACE FINANCIAL · Recordkeeping · Trustee$45,317
ADP, INC. · Loan processing · Recordkeeping$4,864

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

Recordkeeper by year2
2024ADP, WHITESPACE FINANCIAL
2023ADP, WHITESPACE FINANCIAL

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

Administrative cost history3
2024$50,181 · 0.27%
2023$40,907 · 0.26%
2022$35,387 · 0.25%
Same employer
Similar plansWholesale Trade · California
Obagi Cosmeceuticals, LLC CA$20.8M · 0.25%
Razer USA LTD CA$20.8M · 0.41%
Zo Skin Health, Inc. CA$20.7M · 0.34%
True Religion Apparel, Inc. CA$20.0M · 0.44%

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Source: U.S. Department of Labor, Form 5500 series, EIN 943252971 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.