Plan Ledger DOL Form 5500 · updated monthly

Slakey Brothers, Inc.401(k)

SLAKEY BROTHERS, INC. PROFIT SHARING 401(K) PLAN · SACRAMENTO, CA · plan year 2024

Reported admin expense ratio · 2024
0.23%

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

Slakey Brothers, Inc. reported $94,388 in plan administrative expenses for 2024: 0.23% of average plan assets, below the peer median. Employer contributions averaged $258 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 3 years on file its reported administrative ratio has held roughly steady near 0.228%. 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 2,061st-largest of 9,483 plans among California employers on file, and the 993rd of 4,246 in wholesale trade. In 2024, employees put in $16.29 for every $1.00 the employer contributed; active participation has shrunk from 496 to 413 since 2022.

Plan summary
Net assets, end of year$41,581,522
Participants with balances650
Active participants413
Employer contributions$106,599
Employee contributions$1,736,706
Employer contribution per active participant$258
Average account balance$63,972
Benefits paid to participants$6,679,541
Plan auditUnmodified (clean) audit opinion
AuditorSABEY CPA,LLC
Plan history3
Yearassets · accounts · employer contribution
2024$41.6M · 650 accts · $107K emplr
2023$41.4M · 636 accts · $263K emplr
2022$40.0M · 639 accts · $670K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$69,722
Audit (IQPA)$13,000
Trustee / custodial$11,666
Total administrative$94,388
The Slakey Brothers, Inc. 401(k) match · 2024
Employer contribution per active participant$258
Median for plans this size$2,416
2024$258 per active participant
2023$564 per active participant
2022$1,351 per active participant

Slakey Brothers, Inc.'s 2024 employer contribution ran below the $2,416 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 · 20243
NWPS · Recordkeeping · Loan processing$69,722
SABEY CPA,LLC · Accounting / audit$13,000
CHARLES SCHWAB TRUST BANK · Custodial (securities) · Trustee (directed)$11,666

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

Recordkeeper by year2
2024NWPS
2023NWPS

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Administrative cost history3
2024$94,388 · 0.23%
2023$96,510 · 0.24%
2022$99,322 · 0.23%
Same employer
Similar plansWholesale Trade · California
Mygrant Glass Company, Inc. CA$43.0M · 0.36%
Heimark Distributing, LLC CA$41.5M · 0.09%

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Source: U.S. Department of Labor, Form 5500 series, EIN 942192959 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.