Plan Ledger DOL Form 5500 · updated monthly

Seed Beauty, LLC401(k)

SEED BEAUTY 401(K) SAVINGS PLAN · OXNARD, CA · plan year 2024

Reported admin expense ratio · 2024
0.05%

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

Seed Beauty, LLC reported $4,637 in plan administrative expenses for 2024: 0.05% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,342 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 0.07% to 0.05%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other retail trade employers. By assets it is among the smaller plans on file in California (5,370th of 9,483), and the 2,582nd of 5,215 in retail trade. In 2024, employees put in $1.86 for every $1.00 the employer contributed; active participation has shrunk from 598 to 353 since 2022.

Plan summary
Net assets, end of year$10,284,401
Participants with balances267
Active participants353
Employer contributions$473,732
Employee contributions$880,140
Employer contribution per active participant$1,342
Average account balance$38,518
Benefits paid to participants$1,142,789
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$10.3M · 267 accts · $474K emplr
2023$8.4M · 286 accts · $565K emplr
2022$5.9M · 299 accts · $581K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$4,637
Total administrative$4,637
The Seed Beauty, LLC 401(k) match · 2024
Employer contribution per active participant$1,342
Median for plans this size$1,313
2024$1,342 per active participant
2023$1,152 per active participant
2022$971 per active participant

Seed Beauty, LLC's 2024 employer contribution ran above the $1,313 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 · 20241
JOHN HANCOCK · Recordkeeping · Loan processing$4,637

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$4,637 · 0.05%
2023$4,430 · 0.06%
2022$4,053 · 0.07%
Same employer
Similar plansRetail Trade · California
Moxie Hch Motors, LLC CA$10.4M · 0.04%
Pirch, Inc. CA$10.3M · 0.99%

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Source: U.S. Department of Labor, Form 5500 series, EIN 465238479 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.