Plan Ledger DOL Form 5500 · updated monthly

S & S Tool and Supply Company401(k)

S & S TOOL AND SUPPLY COMPANY 401(K) PLAN · FAIRFIELD, CA · plan year 2024

Reported admin expense ratio · 2024
0.57%

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

S & S Tool and Supply Company reported $105,600 in plan administrative expenses for 2024: 0.57% of average plan assets, higher than ~75% of peers. Employer contributions averaged $574 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 0.66% to 0.57%. 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 3,663rd-largest of 9,483 plans among California employers on file, and the 1,905th of 4,246 in wholesale trade. In 2024, employees put in $6.42 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$19,781,428
Participants with balances402
Active participants355
Employer contributions$203,851
Employee contributions$1,307,910
Employer contribution per active participant$574
Average account balance$49,208
Benefits paid to participants$1,101,567
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$19.8M · 402 accts · $204K emplr
2023$17.1M · 429 accts · $227K emplr
2022$13.8M · 383 accts · $147K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$102,375
Investment management$3,225
Total administrative$105,600
The S & S Tool and Supply Company 401(k) match · 2024
Employer contribution per active participant$574
Median for plans this size$2,416
2024$574 per active participant
2023$799 per active participant
2022$426 per active participant

S & S Tool and Supply Company'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 · 20242
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$102,375
S B H U LIFE AGENCY INC · Other servicesindirect comp

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$105,600 · 0.57%
2023$111,341 · 0.72%
2022$95,902 · 0.66%
Similar plansWholesale Trade · California
Peninsula Components CA$20.1M · 0.27%
True Religion Apparel, Inc. CA$20.0M · 0.44%
Merchsource CA$19.5M · 0.28%
Dorfman Milano Company CA$19.3M · 0.30%

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Source: U.S. Department of Labor, Form 5500 series, EIN 942889955 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.