Plan Ledger DOL Form 5500 · updated monthly

Pulmuone Foods USA, Inc.401(k)

PULMUONE FOODS USA, INC. RETIREMENT BENEFIT PLAN · FULLERTON, CA · plan year 2024

Reported admin expense ratio · 2024
0.73%

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

Pulmuone Foods USA, Inc. reported $69,968 in plan administrative expenses for 2024: 0.73% of average plan assets, above the peer median. Employer contributions averaged $1,653 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 0.03% to 0.73%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in California (5,207th of 9,483), and 8,381st of 13,661 in manufacturing. In 2024, employees put in $2.37 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$10,963,286
Participants with balances310
Active participants316
Employer contributions$522,244
Employee contributions$1,236,963
Employer contribution per active participant$1,653
Average account balance$35,365
Benefits paid to participants$1,146,078
Plan auditUnmodified (clean) audit opinion
AuditorCKP, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$11.0M · 310 accts · $522K emplr
2023$8.1M · 283 accts · $235K emplr
2022$5.8M · 398 accts · $314K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$40,318
Investment management$26,333
Total administrative$69,968
The Pulmuone Foods USA, Inc. 401(k) match · 2024
Employer contribution per active participant$1,653
Median for plans this size$1,313
2024$1,653 per active participant
2023$770 per active participant
2022$1,027 per active participant

Pulmuone Foods USA, Inc.'s 2024 employer contribution ran above 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 · 20243
GLOBAL RETIREMENT PARTNERS LLC · Investment advisory (plan)$23,241
PENTEGRA SERVICES INC. · Contract administrator$9,234

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$69,968 · 0.73%
2023$24,801 · 0.36%
2022$1,710 · 0.03%
Same employer
Similar plansManufacturing · California
Mattco Forge, Inc. CA$11.0M · 0.50%
Alpha Teknova, Inc. CA$11.0M · 0.54%
Tct Mobile, Inc CA$11.0M · 0.57%
Willow Innovations, Inc CA$10.9M · 0.01%
George Chiala Farms, Inc. CA$10.9M · 0.40%
Xmotors.Ai Inc. CA$10.9M · 0.11%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 421470703 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.