Plan Ledger DOL Form 5500 · updated monthly

Plug Connection, LLC401(k)

THE PLUG CONNECTION RETIREMENT SAVINGS PLAN · VISTA, CA · plan year 2024

Reported admin expense ratio · 2024
0.31%

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

Plug Connection, LLC reported $10,591 in plan administrative expenses for 2024: 0.31% of average plan assets, below the peer median. Employer contributions averaged $347 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 0.05% to 0.31%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other agriculture, forestry & fishing employers. By assets it is among the smaller plans on file in California (7,464th of 9,483), and 699th of 945 in agriculture, forestry & fishing. In 2024, employees put in $2.69 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$3,819,308
Participants with balances131
Active participants240
Employer contributions$83,305
Employee contributions$223,707
Employer contribution per active participant$347
Average account balance$29,155
Benefits paid to participants$239,594
Plan auditUnmodified (clean) audit opinion
AuditorLAVINE, LOFGREN, MORRIS & ENGELBERG
Plan history3
Yearassets · accounts · employer contribution
2024$3.8M · 131 accts · $83K emplr
2023$3.0M · 123 accts · $67K emplr
2022$2.3M · 125 accts · $65K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$10,591
Total administrative$10,591
The Plug Connection, LLC 401(k) match · 2024
Employer contribution per active participant$347
Median for plans this size$1,313
2024$347 per active participant
2023$273 per active participant
2022$267 per active participant

Plug Connection, LLC's 2024 employer contribution ran below the $1,313 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator$10,590
401(K) ADVISORS INC · Investment advisory (plan)indirect comp

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$10,591 · 0.31%
2023$524 · 0.02%
2022$1,307 · 0.05%
Same employer
Similar plansAgriculture, Forestry & Fishing · California
Fisher Ranch, LLC CA$4.0M · 0.14%
Select Harvest USA, LLC CA$4.0M · 0.94%
Hog Island Oyster Company CA$3.9M · 0.22%
Rancho Guadalupe LLC CA$3.7M · 0.32%

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Source: U.S. Department of Labor, Form 5500 series, EIN 813785454 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.