Plan Ledger DOL Form 5500 · updated monthly

San Diego & Imperial Counties Butchers & Food Employers PensionMoney purchase plan

SAN DIEGO & IMPERIAL COUNTIES BUTCHERS AND FOOD EMPLOYERS PENSION TRUST FUND · SAN DIEGO, CA · plan year 2024

Reported admin expense ratio · 2024
0.89%

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

San Diego & Imperial Counties Butchers & Food Employers Pension reported $46,806 in plan administrative expenses for 2024: 0.89% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,956 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 rose from 0.79% to 0.89%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other accommodation & food services employers. By assets it is among the smaller plans on file in California (6,890th of 9,483), and the 846th of 2,240 in accommodation & food services. In 2024, the employer put in $2.76 for every $1.00 employees contributed themselves; active participation has shrunk from 28 to 22 since 2022.

Plan summary
Net assets, end of year$5,353,724
Participants with balances466
Active participants22
Employer contributions$65,021
Employee contributions$23,534
Employer contribution per active participant$2,956
Average account balance$11,489
Benefits paid to participants$374,457
Plan auditUnmodified (clean) audit opinion
AuditorPKF SAN DIEGO, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$5.4M · 466 accts · $65K emplr
2023$5.2M · 467 accts · $65K emplr
2022$4.8M · 449 accts · $64K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$10,483
Audit (IQPA)$16,800
Trustee / custodial$40
Total administrative$46,806
Employer contributions to the San Diego & Imperial Counties Butchers & Food Employers Pension plan · 2024
Employer contribution per active participant$2,956
Median for plans this size$1,313
2024$2,956 per active participant
2023$2,936 per active participant
2022$2,300 per active participant

San Diego & Imperial Counties Butchers & Food Employers Pension's 2024 employer contribution ran above the $1,313 median for plans its size, placing it in the top 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
PKF SAN DIEGO, LLP · Accounting / audit$16,800
RICHARD PROCHAZKA · Legal$12,896
ASCENSUS, LLC · Pension consulting$10,483

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$46,806 · 0.89%
2023$38,640 · 0.78%
2022$36,656 · 0.79%
Similar plansAccommodation & Food Services · California
Equator Coffees, LLC CA$6.1M · 0.64%
Pressed Juicery, Inc. CA$6.0M · 0.67%
Fm Restaurants Hq, LLC CA$6.0M · 0.48%
Blaze Pizza, LLC CA$5.2M · 0.02%
The Brigantine, Inc. CA$5.2M · 0.69%
Mina Group LLC CA$4.9M · 0.10%

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Source: U.S. Department of Labor, Form 5500 series, EIN 956047748 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.