Plan Ledger DOL Form 5500 · updated monthly

Ronald Cohn, Inc.401(k)

SPROUTS FARMERS MARKET 401(K) PLAN · SANTEE, CA · plan year 2023

Reported admin expense ratio · 2023
1.18%

Ronald Cohn, Inc. reported $26,304 in plan administrative expenses for 2023: 1.18% of average plan assets, higher than ~90% of peers. 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 rose from 1.08% to 1.18%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other retail trade employers. By assets it is among the smaller plans on file in California (8,135th of 9,483), and 4,554th of 5,215 in retail trade.

Plan summary
Net assets, end of year$2,376,512
Participants with balances111
Active participants134
Employer contributions—
Employee contributions$114,137
Employer contribution per active participant—
Average account balance$21,410
Benefits paid to participants$131,198
Plan auditUnmodified (clean) audit opinion
AuditorDELPERDANG SCHUH & CO, PC
Plan history3
Yearassets · accounts · employer contribution
2024$0
2023$2.4M · 111 accts
2022$2.1M · 104 accts · $75K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$3,250
Investment management$23,054
Total administrative$26,304
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 · 20232
LINCOLN NATIONAL CORPORATION · Contract administrator$16,631
STADION MONEY MANAGEMENT · Investment advisory (participants)$7,773

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

Administrative cost history3
2024Not separately reported
2023$26,304 · 1.18%
2022$23,609 · 1.08%
Same employer
Similar plansRetail Trade · California
Market Hall Foods CA$2.5M · 0.60%
Al Global Corporation CA$2.4M · 0.12%
Kaizen Resources, Inc. CA$2.4M · 1.50%
Stinson Enterprises, Inc. CA$2.3M · 0.63%
Downey Import Cars, Inc. CA$2.3M · 0.29%
Artisan Brewers, LLC CA$2.3M · 0.91%

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Source: U.S. Department of Labor, Form 5500 series, EIN 330404160 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.