Plan Ledger DOL Form 5500 · updated monthly

Seachrome Corporation401(k)

SEACHROME CORPORATION 401(K) PLAN · LONG BEACH, CA · plan year 2024

Reported admin expense ratio · 2024
0.63%

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

Seachrome Corporation reported $28,879 in plan administrative expenses for 2024: 0.63% of average plan assets, above the peer median. Employer contributions averaged $404 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 0.628%. 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 (7,057th of 9,483), and 11,292nd of 13,661 in manufacturing. In 2024, employees put in $5.58 for every $1.00 the employer contributed; active participation has grown from 145 to 160 since 2022.

Plan summary
Net assets, end of year$4,825,363
Participants with balances95
Active participants160
Employer contributions$64,644
Employee contributions$360,582
Employer contribution per active participant$404
Average account balance$50,793
Benefits paid to participants$446,390
Plan auditDisclaimer of opinion
AuditorLLEWELLYN ACCOUNTANCY
Plan history3
Yearassets · accounts · employer contribution
2024$4.8M · 95 accts · $65K emplr
2023$4.4M · 119 accts · $58K emplr
2022$3.6M · 113 accts · $57K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$28,879
Total administrative$28,879
The Seachrome Corporation 401(k) match · 2024
Employer contribution per active participant$404
Median for plans this size$1,313
2024$404 per active participant
2023$602 per active participant
2022$396 per active participant

Seachrome Corporation'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 · 20241
JOHN HANCOCK LIFE INSURANCE COMPANY · Recordkeeping · Investment management$606

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$28,879 · 0.63%
2023$25,484 · 0.64%
2022$23,803 · 0.63%
Same employer
Similar plansManufacturing · California
Arine Inc. CA$4.9M · 0.08%
Mission Bell Mfg, Inc. CA$4.9M · 1.12%
Merit Aluminum Inc. CA$4.8M · 0.06%
Q'Apel Medical Inc. CA$4.8M · 0.43%
Pacific Paper Tube Inc CA$4.8M · 0.26%

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Source: U.S. Department of Labor, Form 5500 series, EIN 953894049 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.