Plan Ledger DOL Form 5500 · updated monthly

Santa Cruz Bicycles, Inc.401(k)

SANTA CRUZ BICYCLES 401(K) PLAN · SANTA CRUZ, CA · plan year 2024

Reported admin expense ratio · 2024
0.32%

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

Santa Cruz Bicycles, Inc. reported $70,119 in plan administrative expenses for 2024: 0.32% of average plan assets, above the peer median. Employer contributions averaged $2,950 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 0.35% to 0.32%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other wholesale trade employers. By assets it is the 3,340th-largest of 9,483 plans among California employers on file, and the 1,714th of 4,246 in wholesale trade. In 2024, employees put in $2.23 for every $1.00 the employer contributed; active participation has shrunk from 359 to 262 since 2022.

Plan summary
Net assets, end of year$22,538,587
Participants with balances304
Active participants262
Employer contributions$772,807
Employee contributions$1,721,232
Employer contribution per active participant$2,950
Average account balance$74,140
Benefits paid to participants$4,040,466
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$22.5M · 304 accts · $773K emplr
2023$21.2M · 310 accts · $870K emplr
2022$16.0M · 281 accts · $726K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$29,337
Investment management$40,782
Total administrative$70,119
The Santa Cruz Bicycles, Inc. 401(k) match · 2024
Employer contribution per active participant$2,950
Median for plans this size$2,416
2024$2,950 per active participant
2023$2,761 per active participant
2022$2,022 per active participant

Santa Cruz Bicycles, Inc.'s 2024 employer contribution ran above 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 · 20242
THE VANGUARD GROUP, INC. · Recordkeeping · Loan processing$29,337
MORGAN STANLEY GLOBAL · Investment advisory (plan)$40,782

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

Recordkeeper by year2
2024Vanguard
2023Vanguard

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$70,119 · 0.32%
2023$66,450 · 0.36%
2022$57,581 · 0.35%
Same employer
Similar plansWholesale Trade · California
Norman International, Inc. CA$22.9M · 0.49%
Intex Corp. CA$22.8M · 0.11%
Spireon, Inc. CA$22.7M · 0.51%
E.L.F. Cosmetics, Inc. CA$22.6M · 0.01%
Idec Corporation CA$22.4M · 0.36%
Galleher LLC CA$22.3M · 0.26%
Elkay Plastics Co., Inc. CA$22.3M · 0.25%
Vps Companies, Inc. CA$22.3M · 0.17%

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Source: U.S. Department of Labor, Form 5500 series, EIN 770409360 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.