Plan Ledger DOL Form 5500 · updated monthly

Sanisure, LLC401(k)

SANISURE, LLC 401(K) PROFIT SHARING PLAN · CAMARILLO, CA · plan year 2024

Reported admin expense ratio · 2024
1.04%

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

Sanisure, LLC reported $70,275 in plan administrative expenses for 2024: 1.04% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,334 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 0.69% to 1.04%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in California (6,158th of 9,483), and 9,876th of 13,661 in manufacturing. In 2024, employees put in $2.11 for every $1.00 the employer contributed; active participation has shrunk from 289 to 244 since 2022.

Plan summary
Net assets, end of year$7,571,804
Participants with balances282
Active participants244
Employer contributions$569,453
Employee contributions$1,200,540
Employer contribution per active participant$2,334
Average account balance$26,850
Benefits paid to participants$905,298
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$7.6M · 282 accts · $569K emplr
2023$6.0M · 287 accts · $572K emplr
2022$4.0M · 289 accts · $516K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$50,380
Investment management$19,895
Total administrative$70,275
The Sanisure, LLC 401(k) match · 2024
Employer contribution per active participant$2,334
Median for plans this size$1,313
2024$2,334 per active participant
2023$2,190 per active participant
2022$1,787 per active participant

Sanisure, LLC'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 · 20246
ADP, INC. · Loan processing · Recordkeeping$21,845
HPM PARTNERS, LLC · Recordkeeping · Trustee$8,252
CAMBRIDGE INVESTMENT GROUP · Investment advisory (plan)$22,437
TRUOG-RYDING COMPANY, INC. · Contract administrator$2,950
EMPOWER ANNUITY INS CO OF AMERICA · Investment management$529

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$70,275 · 1.04%
2023$46,664 · 0.94%
2022$31,459 · 0.69%
Same employer
Similar plansManufacturing · California
Remo Inc CA$7.6M · 0.40%
Epc Power Corp. CA$7.6M · 0.65%
Minerva Surgical Inc CA$7.6M · 0.02%
Sanisure LLC CA$7.6M · 1.04%
Scelzi Enterprises, Inc. CA$7.6M · 0.54%
Etm-Electromatic, Inc. CA$7.6M · 0.12%
Promex Industries, Inc. CA$7.5M · 0.27%
Wawona Frozen Foods CA$7.5M · 0.64%

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Source: U.S. Department of Labor, Form 5500 series, EIN 843210697 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.