Plan Ledger DOL Form 5500 · updated monthly

Sambrailo Packaging, Inc.401(k)

SAMBRAILO PACKAGING PROFIT SHARING PLAN · WATSONVILLE, CA · plan year 2023

Reported admin expense ratio · 2023
0.05%

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

Sambrailo Packaging, Inc. reported $4,397 in plan administrative expenses for 2023: 0.05% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,617 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 fell from 0.08% to 0.05%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other wholesale trade employers. By assets it is among the smaller plans on file in California (5,524th of 9,483), and 2,951st of 4,246 in wholesale trade. In 2023, employees put in $1.11 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$9,763,634
Participants with balances224
Active participants190
Employer contributions$307,289
Employee contributions$340,562
Employer contribution per active participant$1,617
Average account balance$43,588
Benefits paid to participants$648,718
Plan auditDisclaimer of opinion
Plan history2
Yearassets · accounts · employer contribution
2023$9.8M · 224 accts · $307K emplr
2022$8.2M · 182 accts · $278K emplr
Administrative expenses, itemized · 2023
Investment management$4,397
Total administrative$4,397
The Sambrailo Packaging, Inc. 401(k) match · 2023
Employer contribution per active participant$1,617
Median for plans this size$1,308
2023$1,617 per active participant
2022$2,399 per active participant

Sambrailo Packaging, Inc.'s 2023 employer contribution ran above the $1,308 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
VOYA RETIREMENT INSU AND ANNUITY CO · Investment advisory (participants) · Investment advisory (plan)$897
QUINTES ADM. AND INSURANCE · Other servicesindirect comp
GLOBAL RETIREMENT PARTNERS LLCindirect comp

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

Administrative cost history2
2023$4,397 · 0.05%
2022$6,779 · 0.08%
Similar plansWholesale Trade · California
Taylored Services, LLC CA$9.9M · 0.17%
Odu-Usa Inc CA$9.7M · 0.50%
Adm Associates, Inc. CA$9.6M · 0.37%

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Source: U.S. Department of Labor, Form 5500 series, EIN 941341640 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.