Plan Ledger DOL Form 5500 · updated monthly

Peterman Lumber Inc.401(k)

PETERMAN LUMBER INC. 401(K) PROFIT SHARING PLAN · FONTANA, CA · plan year 2022

Reported admin expense ratio · 2022
0.99%

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

Peterman Lumber Inc. reported $21,050 in plan administrative expenses for 2022: 0.99% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,269 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 wholesale trade employers. By assets it is among the smaller plans on file in California (8,242nd of 9,483), and 4,018th of 4,246 in wholesale trade. In 2022, employees put in $2.12 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$2,146,131
Participants with balances61
Active participants128
Employer contributions$162,380
Employee contributions$344,468
Employer contribution per active participant$1,269
Average account balance$35,182
Benefits paid to participants$85,815
Plan auditUnmodified (clean) audit opinion
AuditorSPAFFORD AND LANDRY CPAS
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$21,050
Total administrative$21,050
The Peterman Lumber Inc. 401(k) match · 2022
Employer contribution per active participant$1,269
Median for plans this size$1,114

Peterman Lumber Inc.'s 2022 employer contribution ran above the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$21,050 · 0.99%
Same employer
Similar plansWholesale Trade · California
Earl's Organic Produce CA$2.4M · 0.81%
Revolution Foods, Inc CA$2.2M · 1.45%
Better Earth Inc. CA$2.1M · 0.45%

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Source: U.S. Department of Labor, Form 5500 series, EIN 953383921 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.