Plan Ledger DOL Form 5500 · updated monthly

Sloat Garden Center, Inc.401(k)

SLOAT GARDEN CENTER, INC. PROFIT SHARING PLAN · SAUSALITO, CA · plan year 2022

Employer contribution per participant · 2022
$1,388

Sloat Garden Center, Inc.'s 2022 Form 5500 did not separately report plan administrative expenses, which is common where recordkeeping is paid through investment revenue-sharing or a master trust. The plan held $3,187,425 across 88 participant accounts, with employer contributions averaging $1,388 per active participant. See methodology for what Form 5500 does and doesn't capture.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other agriculture, forestry & fishing employers. By assets it is among the smaller plans on file in California (7,754th of 9,483), and 728th of 945 in agriculture, forestry & fishing. In 2022, employees put in $1.26 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$3,187,425
Participants with balances88
Active participants120
Employer contributions$166,564
Employee contributions$209,235
Employer contribution per active participant$1,388
Average account balance$36,221
Benefits paid to participants$78,056
Plan auditUnmodified (clean) audit opinion
The Sloat Garden Center, Inc. 401(k) match · 2022
Employer contribution per active participant$1,388
Median for plans this size$1,114

Sloat Garden Center, Inc.'s 2022 employer contribution ran above the $1,114 median for plans its size. 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.

Similar plansAgriculture, Forestry & Fishing · California
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J. Marchini & Son, Inc. CA$2.9M · 0.91%
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Source: U.S. Department of Labor, Form 5500 series, EIN 941338777 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.