Plan Ledger DOL Form 5500 · updated monthly

Skb401(k)

SKB 401(K) PLAN · ORANGE, CA · plan year 2021

Reported admin expense ratio · 2021
0.03%

Skb reported $869 in plan administrative expenses for 2021: 0.03% 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 1 year on file its reported administrative ratio fell from 0.03% to 0.02%. The plan sits in the $1M–$10M size bracket, benchmarked here against 289 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in California (7,584th of 9,483), and 11,973rd of 13,661 in manufacturing.

Plan summary
Net assets, end of year$3,568,353
Participants with balances59
Active participants173
Employer contributions—
Employee contributions$261,718
Employer contribution per active participant—
Average account balance$60,481
Benefits paid to participants$244,680
Plan auditUnmodified (clean) audit opinion
AuditorWITHUM SMITH + BROWN,PC
Plan history2
Yearassets · accounts · employer contribution
2022$3.1M · 75 accts
2021$3.6M · 59 accts
What these fees cost you

Annual cost at the plan's reported 2021 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history2
2022$525 · 0.02%
2021$869 · 0.03%
Same employer
Similar plansManufacturing · California
Momentus Inc. CA$3.7M · 0.13%
Galaxy Desserts, Inc. CA$3.6M · 1.16%
Drinkpak, LLC CA$3.6M · 0.52%
Rip Curl, Inc. CA$3.5M · 1.11%
Wellington Foods, Inc. CA$3.5M · 0.70%

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Source: U.S. Department of Labor, Form 5500 series, EIN 953148287 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.