Plan Ledger DOL Form 5500 · updated monthly

Seabreeze Management Company, Inc.401(k)

SEABREEZE RETIREMENT SAVINGS PLAN · ALISO VIEJO, CA · plan year 2024

Reported admin expense ratio · 2024
0.82%

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

Seabreeze Management Company, Inc. reported $79,479 in plan administrative expenses for 2024: 0.82% of average plan assets, above the peer median. Employer contributions averaged $634 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 0.82%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other real estate & leasing employers. By assets it is among the smaller plans on file in California (5,282nd of 9,483), and 1,068th of 2,096 in real estate & leasing. In 2024, employees put in $2.52 for every $1.00 the employer contributed; active participation has grown from 483 to 677 since 2022.

Plan summary
Net assets, end of year$10,678,495
Participants with balances287
Active participants677
Employer contributions$429,466
Employee contributions$1,084,081
Employer contribution per active participant$634
Average account balance$37,207
Benefits paid to participants$678,356
Plan auditUnmodified (clean) audit opinion
AuditorLUCAS, HORSFALL, MURPHY & PINDROH
Plan history3
Yearassets · accounts · employer contribution
2024$10.7M · 287 accts · $429K emplr
2023$8.6M · 226 accts · $414K emplr
2022$6.2M · 207 accts · $347K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$48,089
Investment management$31,390
Total administrative$79,479
The Seabreeze Management Company, Inc. 401(k) match · 2024
Employer contribution per active participant$634
Median for plans this size$1,313
2024$634 per active participant
2023$712 per active participant
2022$719 per active participant

Seabreeze Management Company, Inc.'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
THE STANDARD · Claims processing · Recordkeeping$28,214
BALDWIN GROUP WEALTH ADVISORS LLC · Investment advisory (plan)$31,390
CROSSPLANS · Contract administrator$19,655

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

Recordkeeper by year2
2024The Standard
2023The Standard

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

Administrative cost history3
2024$79,479 · 0.82%
2023$55,459 · 0.75%
2022$54,252 · 0.86%
Same employer
Similar plansReal Estate & Leasing · California
Warren Properties, Inc. CA$11.3M · 0.29%
Golden Rain Foundation CA$10.9M · 0.50%
Veritas Investments, Inc. CA$10.8M · 0.11%
Point Digital Finance, Inc. CA$10.6M · 0.09%
Abode Communities CA$10.6M · 0.60%
Bender Rosenthal, Inc. CA$10.4M · 0.48%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 330467088 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.