Plan Ledger DOL Form 5500 · updated monthly

Sfo Forecast, Inc.401(k)

THE BAY CO. 401(K) PLAN · SAN FRANCISCO, CA · plan year 2024

Reported admin expense ratio · 2024
0.73%

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

Sfo Forecast, Inc. reported $49,753 in plan administrative expenses for 2024: 0.73% of average plan assets, above the peer median. Employer contributions averaged $1,098 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 0.27% to 0.73%. 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 (6,213th of 9,483), and 3,185th of 5,215 in retail trade. In 2024, employees put in $1.83 for every $1.00 the employer contributed; active participation has grown from 189 to 228 since 2022.

Plan summary
Net assets, end of year$7,406,720
Participants with balances137
Active participants228
Employer contributions$250,286
Employee contributions$457,548
Employer contribution per active participant$1,098
Average account balance$54,064
Benefits paid to participants$188,617
Plan auditUnmodified (clean) audit opinion
AuditorTURNER, WARREN, HWANG & CONRAD
Plan history3
Yearassets · accounts · employer contribution
2024$7.4M · 137 accts · $250K emplr
2023$6.2M · 164 accts · $195K emplr
2022$5.0M · 170 accts · $244K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$18,948
Investment management$1,295
Audit (IQPA)$29,510
Total administrative$49,753
The Sfo Forecast, Inc. 401(k) match · 2024
Employer contribution per active participant$1,098
Median for plans this size$1,313
2024$1,098 per active participant
2023$888 per active participant
2022$1,292 per active participant

Sfo Forecast, Inc.'s 2024 employer contribution ran below 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 · 20242
TRANSAMERICA RETIREMENT SOLUTIONS · Recordkeeping · Loan processing$18,948
TURNER, WARREN, HWANG & CONRAD · Accounting / audit$29,510

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

Recordkeeper by year2
2024Transamerica
2023Transamerica

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Administrative cost history3
2024$49,753 · 0.73%
2023$16,843 · 0.30%
2022$13,992 · 0.27%
Same employer
Similar plansRetail Trade · California
Redbarn Pet Products, LLC CA$7.5M · 0.06%
Irwin International, Inc. CA$7.5M · 0.46%
Nzxt, Inc. CA$7.5M · 0.08%
Ecology Auto Parts, Inc. CA$7.4M · 2.02%
Hassett Hardware CA$7.4M · 0.13%
Goop Inc. CA$7.1M · 0.37%

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Source: U.S. Department of Labor, Form 5500 series, EIN 943059401 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.