Plan Ledger DOL Form 5500 · updated monthly

Saroyan Lumber Company401(k)

SAROYAN 401(K) PLAN · HUNTINGTON PARK, CA · plan year 2024

Reported admin expense ratio · 2024
0.68%

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

Saroyan Lumber Company reported $37,386 in plan administrative expenses for 2024: 0.68% of average plan assets, above the peer median. Employer contributions averaged $494 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 3 years on file its reported administrative ratio has held roughly steady near 0.68%. 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 (6,751st of 9,483), and 10,797th of 13,661 in manufacturing. In 2024, employees put in $5.44 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$5,801,695
Participants with balances108
Active participants110
Employer contributions$54,376
Employee contributions$295,586
Employer contribution per active participant$494
Average account balance$53,719
Benefits paid to participants$324,654
Plan auditUnmodified (clean) audit opinion
AuditorAPRIO, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$5.8M · 108 accts · $54K emplr
2023$5.2M · 95 accts · $59K emplr
2022$4.5M · 99 accts · $62K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$33,554
Investment management$3,832
Total administrative$37,386
The Saroyan Lumber Company 401(k) match · 2024
Employer contribution per active participant$494
Median for plans this size$1,313
2024$494 per active participant
2023$562 per active participant
2022$575 per active participant

Saroyan Lumber Company's 2024 employer contribution ran below the $1,313 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20243
EMPOWER ADVISORY GROUP, LLC · Investment management$3,832
LION STREET FINANCIAL LLCindirect comp

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$37,386 · 0.68%
2023$31,358 · 0.65%
2022$30,746 · 0.67%
Same employer
Similar plansManufacturing · California
Reuland Electric Company CA$5.9M · 0.59%
Pulp Studio Inc. CA$5.9M · 0.82%
Material in Motion CA$5.8M · 0.42%
Balda C Brewer, Inc. CA$5.8M · 0.52%
Copan Diagnostics, Inc. CA$5.7M · 0.11%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 952052198 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.