Plan Ledger DOL Form 5500 · updated monthly

Sierrathermal, Inc.401(k)

SIERRATHERMAL, INC. 401(K) PLAN · WATSONVILLE, CA · plan year 2024

Reported admin expense ratio · 2024
0.02%

Sierrathermal, Inc. reported $2,595 in plan administrative expenses for 2024: 0.02% of average plan assets, lower than ~75% of peers. 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 0.017% to 0.024%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in California (5,096th of 9,483), and 8,208th of 13,661 in manufacturing. active participation has grown from 93 to 120 since 2022.

Plan summary
Net assets, end of year$11,421,748
Participants with balances163
Active participants120
Employer contributions—
Employee contributions$489,808
Employer contribution per active participant—
Average account balance$70,072
Benefits paid to participants$114,235
Plan auditUnmodified (clean) audit opinion
AuditorAUDIT & TAX SOLUTIONS, CPAS, INC.
Plan history3
Yearassets · accounts · employer contribution
2024$11.4M · 163 accts
2023$9.8M · 140 accts
2022$8.0M · 131 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$2,395
Total administrative$2,595
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
VOYA RETIREMENT INSURANCE & ANNUITY · Investment advisory (plan)$2,595
GLOBAL RETIREMENT PARTNERS LLCindirect comp

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$2,595 · 0.02%
2023$2,380 · 0.03%
2022$1,460 · 0.02%
Same employer
Similar plansManufacturing · California
Rtc Aerospace CA$11.5M · 0.63%
Tst, Inc CA$11.5M · 0.65%
Foodstate, Inc. CA$11.5M · 0.41%
Acutus Medical, Inc. CA$11.4M · 0.21%
Biscomerica Corporation CA$11.3M · 0.06%

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Source: U.S. Department of Labor, Form 5500 series, EIN 770328679 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.