Plan Ledger DOL Form 5500 · updated monthly

Sherwood Management Co., Inc.401(k)

SHERWOOD MANAGEMENT CO., INC. & ASSOCIATED 401(K) PROFIT SHARING PLAN · CULVER CITY, CA · plan year 2024

Reported admin expense ratio · 2024
0.35%

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

Sherwood Management Co., Inc. reported $80,811 in plan administrative expenses for 2024: 0.35% of average plan assets, above the peer median. Employer contributions averaged $967 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 0.35%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other retail trade employers. By assets it is the 3,144th-largest of 9,483 plans among California employers on file, and the 1,221st of 5,215 in retail trade. In 2024, employees put in $2.01 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$24,574,872
Participants with balances267
Active participants570
Employer contributions$551,112
Employee contributions$1,108,740
Employer contribution per active participant$967
Average account balance$92,041
Benefits paid to participants$1,589,088
Plan auditUnmodified (clean) audit opinion
AuditorMACIAS GINI AND O'CONNELL
Plan history3
Yearassets · accounts · employer contribution
2024$24.6M · 267 accts · $551K emplr
2023$22.1M · 273 accts · $507K emplr
2022$19.6M · 266 accts · $490K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$37,293
Investment management$43,518
Total administrative$80,811
The Sherwood Management Co., Inc. 401(k) match · 2024
Employer contribution per active participant$967
Median for plans this size$2,416
2024$967 per active participant
2023$757 per active participant
2022$857 per active participant

Sherwood Management Co., Inc.'s 2024 employer contribution ran below the $2,416 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 · 20242
EMBREE FINANCIAL GROUP · Investment advisory (plan)$43,518
CAPITAL GROUP RETIREMENT PLAN SVCS. · Trustee (directed) · Other services$37,293

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

Administrative cost history3
2024$80,811 · 0.35%
2023$75,839 · 0.36%
2022$75,673 · 0.36%
Same employer
Similar plansRetail Trade · California
Cf United LLC CA$25.2M · 0.13%
Stanislaus Farm Supply CA$24.9M · 0.37%
Berberian Enterprises, Inc. CA$24.8M · 0.64%
Pet Food Express, LLC CA$24.0M · 0.41%
Jeromes Furniture Warehouse CA$23.8M · 0.47%

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Source: U.S. Department of Labor, Form 5500 series, EIN 951948904 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.