Plan Ledger DOL Form 5500 · updated monthly

Saalex Corporation401(k)

SAALEX SOLUTIONS, INC. 401(K) PLAN & TRUST · CAMARILLO, CA · plan year 2023

Reported admin expense ratio · 2023
0.24%

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

Saalex Corporation reported $70,099 in plan administrative expenses for 2023: 0.24% of average plan assets, below the peer median. Employer contributions averaged $1,555 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 has held roughly steady near 0.242%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other professional & technical services employers. By assets it is the 2,540th-largest of 9,483 plans among California employers on file, and the 3,937th of 11,654 in professional & technical services. In 2023, employees put in $3.72 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$32,242,514
Participants with balances873
Active participants604
Employer contributions$939,354
Employee contributions$3,490,510
Employer contribution per active participant$1,555
Average account balance$36,933
Benefits paid to participants$3,280,360
Plan auditUnmodified (clean) audit opinion
AuditorMITCHELL & ASSOCIATES APC
Plan history3
Yearassets · accounts · employer contribution
2024$0 · $739K emplr
2023$32.2M · 873 accts · $939K emplr
2022$25.6M · 845 accts · $811K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$16,380
Investment management$53,719
Total administrative$70,099
The Saalex Corporation 401(k) match · 2023
Employer contribution per active participant$1,555
Median for plans this size$2,440
2023$1,555 per active participant
2022$1,347 per active participant

Saalex Corporation's 2023 employer contribution ran below the $2,440 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20233
EDWARD JONES · Recordkeeping · Trustee$53,719
ADP, INC. · Loan processing · Recordkeeping$16,380
ADP BROKER-DEALER · Other servicesindirect comp

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

Recordkeeper by year2
2024ADP, Edward Jones
2023ADP, Edward Jones

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Administrative cost history3
2024Not separately reported
2023$70,099 · 0.24%
2022$58,008 · 0.24%
All plans at this employer2
SAALEX SOLUTIONS, INC. 401(K) PLAN & TRUST401(k)
SAALEX CORPORATION EMPLOYEE STOCK OWNERSHIP PLANESOP
Same employer
Similar plansProfessional & Technical Services · California
Sugarcrm Inc. CA$32.4M · 0.03%
Wnc & Associates, Inc. CA$32.4M · 0.17%
Matterport, Inc. CA$32.3M · 0.21%
Opengov, Inc. CA$32.2M · 0.26%
Kenshoo, Inc. CA$31.9M · 0.24%

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Source: U.S. Department of Labor, Form 5500 series, EIN 880438999 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.