Plan Ledger DOL Form 5500 · updated monthly

Razor USA, LLC401(k)

RAZOR USA, LLC EMPLOYEES' 401(K) PLAN · CERRITOS, CA · plan year 2024

Reported admin expense ratio · 2024
0.55%

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

Razor USA, LLC reported $93,759 in plan administrative expenses for 2024: 0.55% of average plan assets, higher than ~75% of peers. Employer contributions averaged $3,889 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 0.06% to 0.55%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 3,799th-largest of 9,483 plans among California employers on file, and the 6,165th of 13,661 in manufacturing. In 2024, employees put in $2.71 for every $1.00 the employer contributed; active participation has shrunk from 118 to 81 since 2022.

Plan summary
Net assets, end of year$18,786,306
Participants with balances129
Active participants81
Employer contributions$315,033
Employee contributions$854,464
Employer contribution per active participant$3,889
Average account balance$145,630
Benefits paid to participants$293,653
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$18.8M · 129 accts · $315K emplr
2023$15.2M · 121 accts · $343K emplr
2022$12.8M · 135 accts · $358K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$93,759
Total administrative$93,759
The Razor USA, LLC 401(k) match · 2024
Employer contribution per active participant$3,889
Median for plans this size$2,416
2024$3,889 per active participant
2023$4,230 per active participant
2022$3,033 per active participant

Razor USA, LLC's 2024 employer contribution ran above the $2,416 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 · 20244
TRANSAMERICA LIFE INSURANCE COMPANY · Recordkeeping · Loan processing$2,492
FUTUREPLAN BY ASCENSUS · Recordkeeping · Loan processing$2,080
EQUITABLE ADVISORS, LLC · Investment advisory (plan)$55,919
MOSS ADAMS LLP · Accounting / audit$21,000

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

Recordkeeper by year2
2024Ascensus, Transamerica
2023Ascensus, Transamerica

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

Administrative cost history3
2024$93,759 · 0.55%
2023$74,966 · 0.54%
2022$8,176 · 0.06%
Similar plansManufacturing · California
Ampro Computer, Inc. CA$18.8M · 0.51%
California Supply, Inc. CA$18.8M · 0.03%
Ink Systems, Inc. CA$18.7M · 0.01%
Reconserve, Inc. CA$18.6M · 0.39%
Jbr, Inc. CA$18.6M · 0.31%

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Source: U.S. Department of Labor, Form 5500 series, EIN 954807765 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.