Plan Ledger DOL Form 5500 · updated monthly

Robar Enterprises, Inc.401(k)

ROBAR ENTERPRISES, INC. EMPLOYEES 401(K) PLAN · HESPERIA, CA · plan year 2024

Reported admin expense ratio · 2024
0.95%

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

Robar Enterprises, Inc. reported $47,567 in plan administrative expenses for 2024: 0.95% of average plan assets, higher than ~75% of peers. Employer contributions averaged $552 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 0.81% to 0.95%. 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 (6,828th of 9,483), and 10,918th of 13,661 in manufacturing. In 2024, employees put in $5.57 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$5,541,775
Participants with balances296
Active participants269
Employer contributions$148,595
Employee contributions$827,199
Employer contribution per active participant$552
Average account balance$18,722
Benefits paid to participants$503,245
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$5.5M · 296 accts · $149K emplr
2023$4.5M · 295 accts · $118K emplr
2022$3.4M · 272 accts · $53K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$27,136
Investment management$20,431
Total administrative$47,567
The Robar Enterprises, Inc. 401(k) match · 2024
Employer contribution per active participant$552
Median for plans this size$1,313
2024$552 per active participant
2023$458 per active participant
2022$205 per active participant

Robar Enterprises, Inc.'s 2024 employer contribution ran below the $1,313 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 · 20243
MMA SECURITIES LLC · Investment advisory (plan)$17,513
EMPOWER ADVISORY GROUP, LLC · Investment management$2,918

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$47,567 · 0.95%
2023$35,112 · 0.89%
2022$27,651 · 0.81%
Same employer
Similar plansManufacturing · California
Wilcox Machine CA$5.6M · 0.74%
Evans Manufacturing, LLC CA$5.6M · 0.84%
Genlabs CA$5.5M · 0.44%
Avocado Green Brands, LLC CA$5.5M · 0.16%
Wild Type, Inc. CA$5.5M · 0.10%
Rloom Design Corp CA$5.5M · 1.09%

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Source: U.S. Department of Labor, Form 5500 series, EIN 953609033 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.