Plan Ledger DOL Form 5500 · updated monthly

Porto's Bakery, Inc.401(k)

PORTO'S BAKERY, INC. 401(K) PLAN · COMMERCE, CA · plan year 2024

Reported admin expense ratio · 2024
0.39%

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

Porto's Bakery, Inc. reported $34,060 in plan administrative expenses for 2024: 0.39% of average plan assets, below the peer median. Employer contributions averaged $315 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 fell from 0.70% to 0.39%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other retail trade employers. By assets it is among the smaller plans on file in California (5,450th of 9,483), and 2,624th of 5,215 in retail trade. In 2024, employees put in $3.21 for every $1.00 the employer contributed; active participation has grown from 844 to 1,598 since 2022.

Plan summary
Net assets, end of year$10,012,449
Participants with balances626
Active participants1,598
Employer contributions$503,757
Employee contributions$1,619,043
Employer contribution per active participant$315
Average account balance$15,994
Benefits paid to participants$471,061
Plan auditUnmodified (clean) audit opinion
AuditorRIVERA, JAMJIAN & ASSOCIATES, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$10.0M · 626 accts · $504K emplr
2023$7.5M · 534 accts · $434K emplr
2022$5.3M · 418 accts · $345K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$34,060
Total administrative$34,060
The Porto's Bakery, Inc. 401(k) match · 2024
Employer contribution per active participant$315
Median for plans this size$1,313
2024$315 per active participant
2023$388 per active participant
2022$408 per active participant

Porto's Bakery, 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 · 20244
ACTUARIAL BENEFITS CORP. · Recordkeeping · Loan processing$12,586
TRANSAMERICA RETIREMENT SOLUTIONS, · Recordkeeping · Loan processing$9,157
TRANSAMERICA LIFE INSURANCE COMPANY · Recordkeeping · Loan processing$6,332
SNOWDEN CAPITAL ADVISORS, LLC · Investment advisory (plan)$1,968

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

Recordkeeper by year2
2024ACTUARIAL BENEFITS CORP., Transamerica
2023ACTUARIAL BENEFITS CORP., Transamerica

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

Administrative cost history3
2024$34,060 · 0.39%
2023$16,698 · 0.26%
2022$35,920 · 0.70%
Same employer
Similar plansRetail Trade · California
Cranbrook Partner, Inc. CA$10.1M · 0.01%
Sanrio, Inc. CA$10.0M · 0.41%
Los Feliz Ford, Inc. CA$10.0M · 0.02%
Concord Feed & Fuel, Inc. CA$10.0M · 0.01%
Samys Camera, Inc. CA$9.9M · 0.61%
Kiwico, Inc. CA$9.9M · 0.18%

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Source: U.S. Department of Labor, Form 5500 series, EIN 954610775 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.