Plan Ledger DOL Form 5500 · updated monthly

Roger's Gardens Newport Beach401(k)

ROGER'S GARDENS 401(K) PROFIT SHARING PLAN · CORONA DEL MAR, CA · plan year 2022

Reported admin expense ratio · 2022
0.77%

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

Roger's Gardens Newport Beach reported $64,561 in plan administrative expenses for 2022: 0.77% of average plan assets, above the peer median. Employer contributions averaged $575 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 3 years on file its reported administrative ratio has held roughly steady near 0.80%. The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other retail trade employers. By assets it is among the smaller plans on file in California (6,112th of 9,483), and 3,118th of 5,215 in retail trade. In 2022, employees put in $6.59 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$7,691,444
Participants with balances155
Active participants92
Employer contributions$52,902
Employee contributions$348,550
Employer contribution per active participant$575
Average account balance$49,622
Benefits paid to participants$444,216
Plan auditUnmodified (clean) audit opinion
AuditorSINGER LEWAK LLP
Plan history3
Yearassets · accounts · employer contribution
2024$7.3M · 120 accts · $48K emplr
2023$7.4M · 153 accts · $52K emplr
2022$7.7M · 155 accts · $53K emplr
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$64,561
Total administrative$64,561
The Roger's Gardens Newport Beach 401(k) match · 2022
Employer contribution per active participant$575
Median for plans this size$1,114
2024$562 per active participant
2023$586 per active participant
2022$575 per active participant

Roger's Gardens Newport Beach's 2022 employer contribution ran below the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Recordkeeper by year2
2024The Standard
2023The Standard

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

Administrative cost history3
2024$58,598 · 0.80%
2023$58,482 · 0.78%
2022$64,561 · 0.77%
Similar plansRetail Trade · California
Ifixit CA$7.8M · 0.02%
Gametime United, Inc. CA$7.8M · 0.07%
Ydesign Group, LLC CA$7.7M · 0.73%
A.K.A. Brands, Inc. CA$7.7M · 0.56%
Goforth & Marti CA$7.7M · 0.03%
Redbarn Pet Products, LLC CA$7.5M · 0.06%
Irwin International, Inc. CA$7.5M · 0.46%

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Source: U.S. Department of Labor, Form 5500 series, EIN 952832023 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.