Plan Ledger DOL Form 5500 · updated monthly

Sandair Corporation401(k)

SANDAIR CORPORATION 401 (K) PROFIT SHARING PLAN · RIPON, CA · plan year 2024

Reported admin expense ratio · 2024
0.17%

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

Sandair Corporation reported $32,825 in plan administrative expenses for 2024: 0.17% of average plan assets, below the peer median. Employer contributions averaged $2,383 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 0.18% to 0.17%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other transportation & warehousing employers. By assets it is the 3,506th-largest of 9,483 plans among California employers on file, and the 715th of 2,677 in transportation & warehousing. In 2024, employees put in $1.38 for every $1.00 the employer contributed; active participation has grown from 332 to 590 since 2022.

Plan summary
Net assets, end of year$21,062,645
Participants with balances429
Active participants590
Employer contributions$1,405,890
Employee contributions$1,940,258
Employer contribution per active participant$2,383
Average account balance$49,097
Benefits paid to participants$1,601,668
Plan auditUnmodified (clean) audit opinion
AuditorATHLERTON & ASSOCIATES LLP
Plan history3
Yearassets · accounts · employer contribution
2024$21.1M · 429 accts · $1.4M emplr
2023$17.0M · 383 accts · $1.3M emplr
2022$12.8M · 332 accts · $1.4M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$32,825
Total administrative$32,825
The Sandair Corporation 401(k) match · 2024
Employer contribution per active participant$2,383
Median for plans this size$2,416
2024$2,383 per active participant
2023$3,462 per active participant
2022$4,190 per active participant

Sandair Corporation's 2024 employer contribution ran below the $2,416 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20244
ADP, INC. · Loan processing · Recordkeeping$17,560
JOHN HANCOCK LIFE INSURANCE COMPANY · Recordkeeping · Investment management$4,066
ADP BROKER-DEALER · Other servicesindirect comp
MORGAN STANLEY SMITH BARNEY LLC · 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, John Hancock
2023John Hancock

This plan has changed recordkeepers within these filings. If you left Sandair Corporation before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$32,825 · 0.17%
2023$31,186 · 0.21%
2022$23,586 · 0.18%
Same employer
Similar plansTransportation & Warehousing · California
Asiana Airlines CA$22.1M · 0.30%
Food Express, Inc. CA$21.1M · 0.20%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 680235645 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.