Plan Ledger DOL Form 5500 · updated monthly

Ramar International Corporation401(k)

RAMAR INTERNATIONAL CORPORATION 401(K) PROFIT SHARING PLAN · PITTSBURG, CA · plan year 2023

Reported admin expense ratio · 2023
0.82%

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

Ramar International Corporation reported $53,346 in plan administrative expenses for 2023: 0.82% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,383 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 0.78% to 0.85%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in California (6,255th of 9,483), and 10,018th of 13,661 in manufacturing. In 2023, employees put in $1.58 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$7,271,814
Participants with balances227
Active participants214
Employer contributions$510,037
Employee contributions$807,865
Employer contribution per active participant$2,383
Average account balance$32,034
Benefits paid to participants$685,970
Plan auditUnmodified (clean) audit opinion
AuditorJWT & ASSOCIATES LLP
Plan history3
Yearassets · accounts · employer contribution
2024$7.2M · 225 accts · $23K emplr
2023$7.3M · 227 accts · $510K emplr
2022$5.7M · 239 accts · $150K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$26,389
Investment management$26,957
Total administrative$53,346
The Ramar International Corporation 401(k) match · 2023
Employer contribution per active participant$2,383
Median for plans this size$1,308
2024$115 per active participant
2023$2,383 per active participant
2022$643 per active participant

Ramar International Corporation's 2023 employer contribution ran above the $1,308 median for plans its size, placing it in the top 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20233
GLOBAL RETIREMENT PARTNERS LLC · Investment advisory (plan)$23,898
EMPOWER ADVISORY GROUP, LLC · Investment management$3,059

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$61,168 · 0.85%
2023$53,346 · 0.82%
2022$45,758 · 0.78%
Same employer
Similar plansManufacturing · California
All Access Apparel, Inc. CA$7.4M · 0.01%
Vital Connect, Inc. CA$7.4M · 0.11%
Gt's Living Foods, LLC CA$7.3M · 1.10%
Haco U.S. CA$7.3M · 0.44%
Dji Technology Inc CA$7.3M · 0.69%
Monarch Litho, Inc. CA$7.2M · 0.23%
Jorgensen & Sons, Inc. CA$7.2M · 0.46%

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Source: U.S. Department of Labor, Form 5500 series, EIN 941724743 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.