Plan Ledger DOL Form 5500 · updated monthly

Simplehuman LLC401(k)

SIMPLEHUMAN 401(K) PLAN · TORRANCE, CA · plan year 2024

Reported admin expense ratio · 2024
0.12%

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

Simplehuman LLC reported $26,388 in plan administrative expenses for 2024: 0.12% of average plan assets, lower than ~75% of peers. Employer contributions averaged $4,371 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 0.10% to 0.12%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other wholesale trade employers. By assets it is the 3,107th-largest of 9,483 plans among California employers on file, and the 1,580th of 4,246 in wholesale trade. In 2024, employees put in $2.44 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$25,007,432
Participants with balances168
Active participants106
Employer contributions$463,309
Employee contributions$1,132,491
Employer contribution per active participant$4,371
Average account balance$148,854
Benefits paid to participants$1,066,985
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$25.0M · 168 accts · $463K emplr
2023$20.7M · 151 accts · $456K emplr
2022$16.3M · 151 accts · $477K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$26,388
Total administrative$26,388
The Simplehuman LLC 401(k) match · 2024
Employer contribution per active participant$4,371
Median for plans this size$2,416
2024$4,371 per active participant
2023$4,655 per active participant
2022$4,635 per active participant

Simplehuman LLC's 2024 employer contribution ran above the $2,416 median for plans its size, placing it in the top 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
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$26,387
ACTUARIAL BENEFITS CORP · Contract administrator · Other servicesindirect 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$26,388 · 0.12%
2023$18,294 · 0.10%
2022$17,653 · 0.10%
Same employer
Similar plansWholesale Trade · California
Ewing-Foley, Inc. CA$25.4M · 0.21%
Advance Beverage Co., Inc. CA$25.3M · 0.45%
Roland Dga Corporation CA$25.1M · 0.18%
Ssf Imported Auto Parts LLC CA$24.9M · 0.37%
Alcal Industries, Inc. CA$24.8M · 0.41%
Pusan Pipe America, Inc. CA$24.4M · 0.20%
Benq America Corp CA$24.0M · 0.08%

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Source: U.S. Department of Labor, Form 5500 series, EIN 954850933 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.