Plan Ledger DOL Form 5500 · updated monthly

Simply Solar401(k)

SIMPLY SOLAR 401(K) PLAN · PETALUMA, CA · plan year 2022

Reported admin expense ratio · 2022
0.30%

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

Simply Solar reported $2,691 in plan administrative expenses for 2022: 0.30% of average plan assets, lower than ~75% of peers. 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.

The plan sits in the under $1M size bracket, benchmarked here against 4,041 comparable plans and shown alongside other real estate & leasing employers. By assets it is among the smaller plans on file in California (8,865th of 9,483), and 1,980th of 2,096 in real estate & leasing.

Plan summary
Net assets, end of year$936,466
Participants with balances172
Active participants93
Employer contributions$0
Employee contributions$359,496
Employer contribution per active participant$0
Average account balance$5,445
Benefits paid to participants$141,571
Plan auditUnmodified (clean) audit opinion
AuditorGURSEY SCHNEIDER LLP
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$376
Investment management$2,315
Total administrative$2,691
The Simply Solar 401(k) match · 2022
Employer contribution per active participant$0
Median for plans this size$331

Simply Solar's 2022 employer contribution ran below the $331 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$2,691 · 0.30%
Similar plansReal Estate & Leasing · California
Landwin Management, Inc CA$1.1M · 1.07%
Investment Concepts, Inc. CA$1.1M · 0.44%
The Cbm Group, Inc CA$879K · 0.15%

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Source: U.S. Department of Labor, Form 5500 series, EIN 464530284 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.