Plan Ledger DOL Form 5500 · updated monthly

Regency Enterprises, Incorporated401(k)

REGENCY LIGHTING 401(K) SAVINGS & INVESTMENT PLAN TRUST · CHATSWORTH, CA · plan year 2024

Reported admin expense ratio · 2024
0.34%

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

Regency Enterprises, Incorporated reported $75,333 in plan administrative expenses for 2024: 0.34% of average plan assets, above the peer median. Employer contributions averaged $0 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 0.37% to 0.34%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other wholesale trade employers. By assets it is the 3,239th-largest of 9,483 plans among California employers on file, and the 1,657th of 4,246 in wholesale trade.

Plan summary
Net assets, end of year$23,551,510
Participants with balances264
Active participants169
Employer contributions$0
Employee contributions$1,184,618
Employer contribution per active participant$0
Average account balance$89,210
Benefits paid to participants$1,167,848
Plan auditUnmodified (clean) audit opinion
AuditorAUDIT AND TAX SOLUTIONS, CPAS, INC.
Plan history3
Yearassets · accounts · employer contribution
2024$23.6M · 264 accts
2023$20.5M · 260 accts · $109K emplr
2022$17.0M · 270 accts · $169K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$30,051
Investment management$30,782
Audit (IQPA)$14,500
Total administrative$75,333
The Regency Enterprises, Incorporated 401(k) match · 2024
Employer contribution per active participant$0
Median for plans this size$2,416
2023$671 per active participant
2022$948 per active participant

Regency Enterprises, Incorporated's 2024 employer contribution ran below the $2,416 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
WORLD INVESTMENT ADVISORS LLC · Investment advisory (plan)$30,782
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$30,051
BAKER TILLY ADVISORY GROUP, LP · Accounting / audit$7,250
BAKER TILLY US,LLP · Accounting / audit$7,250

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$75,333 · 0.34%
2023$72,057 · 0.38%
2022$74,126 · 0.37%
Same employer
Similar plansWholesale Trade · California
Benq America Corp CA$24.0M · 0.08%
Funai Corporation CA$23.8M · 0.71%
Enstall US, Inc. CA$23.7M · 0.56%
Seescan, Inc. CA$23.3M · 0.37%
Dynasty Footwear Limited CA$22.9M · 0.01%
Royal Plywood Company, LLC CA$22.9M · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 953601775 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.