Plan Ledger DOL Form 5500 · updated monthly

Sebastian Enterprises, Inc.401(k)

SEBASTIAN ENTERPRISES, INC. 401(K) PROFIT SHARING PLAN · KERMAN, CA · plan year 2024

Reported admin expense ratio · 2024
0.36%

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

Sebastian Enterprises, Inc. reported $59,733 in plan administrative expenses for 2024: 0.36% of average plan assets, above the peer median. Employer contributions averaged $2,573 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 fell from 0.50% to 0.36%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other information & media employers. By assets it is the 4,096th-largest of 9,483 plans among California employers on file, and 1,132nd of 2,199 in information & media. In 2024, employees put in $1.33 for every $1.00 the employer contributed; active participation has shrunk from 151 to 133 since 2022.

Plan summary
Net assets, end of year$16,760,941
Participants with balances256
Active participants133
Employer contributions$342,196
Employee contributions$454,325
Employer contribution per active participant$2,573
Average account balance$65,472
Benefits paid to participants$2,005,279
Plan auditUnmodified (clean) audit opinion
AuditorFINCH, ROWLAND & SHOOPMAN, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$16.8M · 256 accts · $342K emplr
2023$16.1M · 283 accts · $326K emplr
2022$14.0M · 316 accts · $401K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$59,733
Total administrative$59,733
The Sebastian Enterprises, Inc. 401(k) match · 2024
Employer contribution per active participant$2,573
Median for plans this size$2,416
2024$2,573 per active participant
2023$2,453 per active participant
2022$2,655 per active participant

Sebastian Enterprises, Inc.'s 2024 employer contribution ran above the $2,416 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20243
T. ROWE PRICE · Recordkeeping · Investment management$12,469
BRIDGEWEALTH ADVISORY GROUP · Investment advisory (participants)$36,502
PEERY & ASSOCIATES, INC. · Pension consulting · Loan processing$10,604

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

Recordkeeper by year2
2024T. Rowe Price
2023T. Rowe Price

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Administrative cost history3
2024$59,733 · 0.36%
2023$62,659 · 0.42%
2022$79,499 · 0.50%
All plans at this employer2
SEBASTIAN ENTERPRISES, INC. 401(K) PROFIT SHARING PLAN401(k)
SEBASTIAN ENTERPRISES, INC. PREVAILING WAGE 401(K) PROFIT SHARING PLAN401(k)
Same employer
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Source: U.S. Department of Labor, Form 5500 series, EIN 770073615 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.