Plan Ledger DOL Form 5500 · updated monthly

Porterville Sheltered Workshop, Inc.401(k)

PORTERVILLE SHELTERED WORKSHOP 401(K) SALARY SAVINGS PLAN · PORTERVILLE, CA · plan year 2024

Reported admin expense ratio · 2024
0.48%

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

Porterville Sheltered Workshop, Inc. reported $45,378 in plan administrative expenses for 2024: 0.48% of average plan assets, below the peer median. Employer contributions averaged $822 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 0.34% to 0.48%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other other services employers. By assets it is among the smaller plans on file in California (5,511th of 9,483), and 1,674th of 3,341 in other services. In 2024, employees put in $2.09 for every $1.00 the employer contributed; active participation has grown from 156 to 195 since 2022.

Plan summary
Net assets, end of year$9,827,998
Participants with balances177
Active participants195
Employer contributions$160,335
Employee contributions$334,632
Employer contribution per active participant$822
Average account balance$55,525
Benefits paid to participants$973,498
Plan auditUnmodified (clean) audit opinion
AuditorPINE,PEDRONCELLI & AGUILAR,INC.
Plan history3
Yearassets · accounts · employer contribution
2024$9.8M · 177 accts · $160K emplr
2023$9.0M · 178 accts · $179K emplr
2022$8.2M · 178 accts · $178K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$45,154
Investment management$224
Total administrative$45,378
The Porterville Sheltered Workshop, Inc. 401(k) match · 2024
Employer contribution per active participant$822
Median for plans this size$1,313
2024$822 per active participant
2023$1,119 per active participant
2022$1,142 per active participant

Porterville Sheltered Workshop, Inc.'s 2024 employer contribution ran below the $1,313 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
EMPOWER ADVISORY GROUP, LLC · Investment management$224

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$45,378 · 0.48%
2023$39,280 · 0.46%
2022$31,995 · 0.34%
Same employer
Similar plansOther Services · California
Thermo King Fresno, Inc. CA$10.3M · 0.28%
Singer Vehicle Design CA$9.9M · 0.90%
Cotton on USA, Inc. CA$9.5M · 0.95%

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Source: U.S. Department of Labor, Form 5500 series, EIN 941676464 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.