Plan Ledger DOL Form 5500 · updated monthly

Santini Foods, Inc.401(k)

SANTINI 401(K) PLAN · SAN LORENZO, CA · plan year 2022

Reported admin expense ratio · 2022
0.68%

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

Santini Foods, Inc. reported $8,976 in plan administrative expenses for 2022: 0.68% of average plan assets, above the peer median. Employer contributions averaged $425 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in California (8,597th of 9,483), and 13,106th of 13,661 in manufacturing. In 2022, employees put in $3.11 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$1,392,919
Participants with balances58
Active participants197
Employer contributions$83,689
Employee contributions$260,232
Employer contribution per active participant$425
Average account balance$24,016
Benefits paid to participants$36,178
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$8,976
Total administrative$8,976
The Santini Foods, Inc. 401(k) match · 2022
Employer contribution per active participant$425
Median for plans this size$1,114

Santini Foods, Inc.'s 2022 employer contribution ran below the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$8,976 · 0.68%
Same employer
Similar plansManufacturing · California
Pacific Vial Mfg., Inc. CA$1.5M · 1.75%
Npi Solutions Inc. CA$1.4M · 0.05%
Innovation Bakers, LLC CA$1.4M · 0.10%
K Tech Machine Inc CA$1.4M · 0.01%
Beer Nuts, Inc. CA$1.4M · 2.52%

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Source: U.S. Department of Labor, Form 5500 series, EIN 760357522 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.