Plan Ledger DOL Form 5500 · updated monthly

Sightglass Mgmt, Inc.401(k)

KIVA BRANDS RETIREMENT PLAN · ALAMEDA, CA · plan year 2024

Reported admin expense ratio · 2024
0.80%

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

Sightglass Mgmt, Inc. reported $29,196 in plan administrative expenses for 2024: 0.80% of average plan assets, above the peer median. Employer contributions averaged $0 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 1.62% to 0.80%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in California (7,216th of 9,483), and 11,509th of 13,661 in manufacturing. active participation has grown from 313 to 364 since 2022.

Plan summary
Net assets, end of year$4,423,989
Participants with balances412
Active participants364
Employer contributions$0
Employee contributions$1,370,740
Employer contribution per active participant$0
Average account balance$10,738
Benefits paid to participants$273,997
Plan auditUnmodified (clean) audit opinion
AuditorFGMK, LLC
Plan history3
Yearassets · accounts · employer contribution
2024$4.4M · 412 accts
2023$2.8M · 337 accts
2022$1.6M · 302 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$29,196
Total administrative$29,196
The Sightglass Mgmt, Inc. 401(k) match · 2024
Employer contribution per active participant$0
Median for plans this size$1,313

Sightglass Mgmt, Inc.'s 2024 employer contribution ran below the $1,313 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 · 20241
PCS RETIREMENT LLC · Claims processing · Contract administrator$29,366

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

Recordkeeper by year2
2024PCS Retirement
2023PCS Retirement

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Administrative cost history3
2024$29,196 · 0.80%
2023$22,858 · 1.02%
2022$20,968 · 1.62%
Similar plansManufacturing · California
Telesis Bio, Inc CA$4.5M · 1.36%
Splay Inc CA$4.5M · 0.51%
Universal Custom Display CA$4.5M · 0.02%
Waev, Inc. CA$4.4M · 0.58%
Paige LLC CA$4.3M · 0.03%

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Source: U.S. Department of Labor, Form 5500 series, EIN 471850549 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.