Plan Ledger DOL Form 5500 · updated monthly

Scheid Vineyards California Inc.401(k)

SCHEID VINEYARDS CALIFORNIA INC. 401(K) PLAN · SALINAS, CA · plan year 2023

Reported admin expense ratio · 2023
0.51%

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

Scheid Vineyards California Inc. reported $83,590 in plan administrative expenses for 2023: 0.51% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,916 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 0.42% to 0.51%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other agriculture, forestry & fishing employers. By assets it is the 3,930th-largest of 9,483 plans among California employers on file, and the 280th of 945 in agriculture, forestry & fishing. In 2023, employees put in $2.23 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$17,850,471
Participants with balances206
Active participants155
Employer contributions$451,934
Employee contributions$1,009,635
Employer contribution per active participant$2,916
Average account balance$86,653
Benefits paid to participants$1,293,934
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$16.3M · 189 accts · $371K emplr
2023$17.9M · 206 accts · $452K emplr
2022$14.7M · 206 accts · $333K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$83,590
Total administrative$83,590
The Scheid Vineyards California Inc. 401(k) match · 2023
Employer contribution per active participant$2,916
Median for plans this size$2,440
2024$2,705 per active participant
2023$2,916 per active participant
2022$2,106 per active participant

Scheid Vineyards California Inc.'s 2023 employer contribution ran above the $2,440 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20231
JOHN HANCOCK LIFE INSURANCE COMPANY · Recordkeeping · Investment management$586

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

Recordkeeper by year2
2024John Hancock
2023John Hancock

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

Administrative cost history3
2024$86,188 · 0.51%
2023$83,590 · 0.51%
2022$68,966 · 0.42%
All plans at this employer2
SCHEID VINEYARDS CALIFORNIA INC. 401(K) PLAN401(k)
SCHEID VINEYARDS CALIFORNIA, INC. UNION 401(K) PLAN401(k)
Same employer
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Source: U.S. Department of Labor, Form 5500 series, EIN 952766024 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.