Plan Ledger DOL Form 5500 · updated monthly

Reel Security California Inc401(k)

REEL SECURITY 401(K) PLAN · SHERMAN OAKS, CA · plan year 2023

Reported admin expense ratio · 2023
1.41%

Reel Security California Inc reported $7,236 in plan administrative expenses for 2023: 1.41% of average plan assets, above the peer median. 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 1 year on file its reported administrative ratio fell from 1.78% to 1.41%. The plan sits in the under $1M size bracket, benchmarked here against 1,192 comparable plans and shown alongside other administrative & support services employers. By assets it is among the smaller plans on file in California (9,054th of 9,483), and 2,335th of 2,534 in administrative & support services.

Plan summary
Net assets, end of year$542,370
Participants with balances96
Active participants1,088
Employer contributions—
Employee contributions$188,803
Employer contribution per active participant—
Average account balance$5,650
Benefits paid to participants$166,505
Plan auditUnmodified (clean) audit opinion
AuditorGURSEY SCHNEIDER LLP
Plan history2
Yearassets · accounts · employer contribution
2023$542K · 96 accts
2022$481K · 112 accts
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$7,206
Investment management$30
Total administrative$7,236
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 · 20231
ADP, INC. · Loan processing · Recordkeeping$7,236

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

Administrative cost history2
2023$7,236 · 1.41%
2022$7,346 · 1.78%
Similar plansAdministrative & Support Services · California
Rmi International Inc. CA$651K · 1.42%
Burgeon Hotel Group Corp. CA$503K · 0.59%

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Source: U.S. Department of Labor, Form 5500 series, EIN 815163495 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.