Plan Ledger DOL Form 5500 · updated monthly

S & M Moving Systems401(k)

S & M MOVING SYSTEMS 401(K) PLAN · TORRANCE, CA · plan year 2022

Reported admin expense ratio · 2022
0.39%

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

S & M Moving Systems reported $41,094 in plan administrative expenses for 2022: 0.39% of average plan assets, above the peer median. Employer contributions averaged $409 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 1 year on file its reported administrative ratio rose from 0.39% to 0.93%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,806 comparable plans and shown alongside other transportation & warehousing employers. By assets it is among the smaller plans on file in California (5,718th of 9,483), and the 1,217th of 2,677 in transportation & warehousing. In 2022, employees put in $8.25 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$9,053,361
Participants with balances153
Active participants136
Employer contributions$55,589
Employee contributions$458,520
Employer contribution per active participant$409
Average account balance$59,172
Benefits paid to participants$708,546
Plan auditUnmodified (clean) audit opinion
AuditorRAIMONDO PETTIT GROP
Plan history2
Yearassets · accounts · employer contribution
2023$3.7M · 69 accts
2022$9.1M · 153 accts · $56K emplr
Administrative expenses, itemized · 2022
Investment management$41,094
Total administrative$41,094
The S & M Moving Systems 401(k) match · 2022
Employer contribution per active participant$409
Median for plans this size$2,266

S & M Moving Systems's 2022 employer contribution ran below the $2,266 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history2
2023$59,274 · 0.93%
2022$41,094 · 0.39%
Similar plansTransportation & Warehousing · California
Aeronet, Inc. CA$10.0M · 0.34%
Mather Aviation, LLC CA$9.9M · 0.15%
Apex Logistics, LLC CA$8.9M · 0.10%

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Source: U.S. Department of Labor, Form 5500 series, EIN 951710800 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.