Plan Ledger DOL Form 5500 · updated monthly

Samys Camera, Inc.401(k)

SAMY'S CAMERA, INC. EMPLOYEES' 401(K) PLAN · LOS ANGELES, CA · plan year 2024

Reported admin expense ratio · 2024
0.61%

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

Samys Camera, Inc. reported $59,790 in plan administrative expenses for 2024: 0.61% of average plan assets, above the peer median. Employer contributions averaged $279 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 3 years on file its reported administrative ratio has held roughly steady near 0.61%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other retail trade employers. By assets it is among the smaller plans on file in California (5,480th of 9,483), and 2,642nd of 5,215 in retail trade. In 2024, employees put in $7.53 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$9,908,092
Participants with balances126
Active participants157
Employer contributions$43,775
Employee contributions$329,624
Employer contribution per active participant$279
Average account balance$78,636
Benefits paid to participants$1,776,186
Plan auditUnmodified (clean) audit opinion
AuditorLARRY R. MITCHELL & COMPANY
Plan history3
Yearassets · accounts · employer contribution
2024$9.9M · 126 accts · $44K emplr
2023$9.9M · 129 accts · $44K emplr
2022$9.5M · 140 accts · $45K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$59,790
Total administrative$59,790
The Samys Camera, Inc. 401(k) match · 2024
Employer contribution per active participant$279
Median for plans this size$1,313
2024$279 per active participant
2023$266 per active participant
2022$269 per active participant

Samys Camera, Inc.'s 2024 employer contribution ran below the $1,313 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 · 20243
JOHN HANCOCK LIFE INSURANCE COMPANY · Recordkeeping · Investment management$720
EDWARD D. JONES & CO., L.P. · Investment advisory (participants)$25,299
WILSHIRE ASSOCIATES INC(USA) · Investment advisory (participants)$2,024

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

Recordkeeper by year2
2024John Hancock
2023John Hancock

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Administrative cost history3
2024$59,790 · 0.61%
2023$57,664 · 0.60%
2022$62,479 · 0.59%
Same employer
Similar plansRetail Trade · California
Sanrio, Inc. CA$10.0M · 0.41%
Los Feliz Ford, Inc. CA$10.0M · 0.02%
Porto's Bakery, Inc. CA$10.0M · 0.39%
Concord Feed & Fuel, Inc. CA$10.0M · 0.01%
Kiwico, Inc. CA$9.9M · 0.18%
South Bay Ford CA$9.9M · 0.49%

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Source: U.S. Department of Labor, Form 5500 series, EIN 953083662 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.