Sbm Management Services, LP401(k)
SBM MANAGEMENT SERVICES, LP 401(K) SAVINGS PLAN · MCCLELLAN, CA · plan year 2025
Peer grade: D · admin costs + employer contributions vs same-size plans · how grading works
Sbm Management Services, LP reported $230,371 in plan administrative expenses for 2025: 0.40% of average plan assets, higher than ~90% of peers. Employer contributions averaged $558 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 rose from 0.06% to 0.40%. The plan sits in the $50M–$250M size bracket, benchmarked here against 605 comparable plans and shown alongside other administrative & support services employers. By assets it is the 1,423rd-largest of 9,483 plans among California employers on file, and the 246th of 2,534 in administrative & support services. In 2025, employees put in $2.14 for every $1.00 the employer contributed; active participation has grown from 5,146 to 6,976 since 2022.
Sbm Management Services, LP's 2025 employer contribution ran below the $4,093 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.
Annual cost at the plan's reported 2025 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.
Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.
Why are you looking at this plan?
Source: U.S. Department of Labor, Form 5500 series, EIN 261375586 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.