Plan Ledger DOL Form 5500 · updated monthly

Polly's, Inc.401(k)

OUR GANG SAVINGS INCENTIVE PLAN · PLACENTIA, CA · plan year 2024

Reported admin expense ratio · 2024
0.14%

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

Polly's, Inc. reported $10,447 in plan administrative expenses for 2024: 0.14% of average plan assets, lower than ~75% of peers. Employer contributions averaged $71 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 0.07% to 0.14%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other accommodation & food services employers. By assets it is among the smaller plans on file in California (6,028th of 9,483), and the 678th of 2,240 in accommodation & food services. In 2024, employees put in $5.91 for every $1.00 the employer contributed; active participation has grown from 465 to 841 since 2022.

Plan summary
Net assets, end of year$7,940,378
Participants with balances132
Active participants841
Employer contributions$59,336
Employee contributions$350,609
Employer contribution per active participant$71
Average account balance$60,154
Benefits paid to participants$549,647
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$7.9M · 132 accts · $59K emplr
2023$7.3M · 137 accts · $65K emplr
2022$7.3M · 136 accts · $60K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$8,960
Investment management$1,487
Total administrative$10,447
The Polly's, Inc. 401(k) match · 2024
Employer contribution per active participant$71
Median for plans this size$1,313
2024$71 per active participant
2023$102 per active participant
2022$130 per active participant

Polly's, Inc.'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 · 20241
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$8,960

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$10,447 · 0.14%
2023$8,261 · 0.11%
2022$5,134 · 0.07%
Same employer
Similar plansAccommodation & Food Services · California
Zero Cater, Inc. CA$7.8M · 0.05%

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Source: U.S. Department of Labor, Form 5500 series, EIN 953781318 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.