Plan Ledger DOL Form 5500 · updated monthly

Smith Noble Home, Inc401(k)

SMITH NOBLE HOME, INC 401(K) PLAN · IRVINE, CA · plan year 2023

Reported admin expense ratio · 2023
0.28%

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

Smith Noble Home, Inc reported $18,966 in plan administrative expenses for 2023: 0.28% of average plan assets, below the peer median. Employer contributions averaged $659 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 0.28% to 0.32%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other retail trade employers. By assets it is among the smaller plans on file in California (6,361st of 9,483), and 3,263rd of 5,215 in retail trade. In 2023, employees put in $7.69 for every $1.00 the employer contributed; active participation has shrunk from 184 to 146 since 2022.

Plan summary
Net assets, end of year$6,935,466
Participants with balances210
Active participants146
Employer contributions$96,283
Employee contributions$740,446
Employer contribution per active participant$659
Average account balance$33,026
Benefits paid to participants$1,461,856
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$5.5M · 181 accts · $80K emplr
2023$6.9M · 210 accts · $96K emplr
2022$6.5M · 247 accts · $119K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$5,861
Investment management$13,105
Total administrative$18,966
The Smith Noble Home, Inc 401(k) match · 2023
Employer contribution per active participant$659
Median for plans this size$1,308
2024$677 per active participant
2023$659 per active participant
2022$645 per active participant

Smith Noble Home, Inc's 2023 employer contribution ran below the $1,308 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.

What these fees cost you

Annual cost at the plan's reported 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20233
RAYMOND JAMES FINANCIAL SERVICE · Recordkeeping · Trustee$13,104
ADP, INC. · Loan processing · Recordkeeping$5,860
ADP BROKER-DEALER · Other servicesindirect comp

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

Recordkeeper by year2
2024ADP, Raymond James
2023ADP, Raymond James

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$19,550 · 0.32%
2023$18,966 · 0.28%
2022$20,837 · 0.28%
Similar plansRetail Trade · California
Goop Inc. CA$7.1M · 0.37%
Rv Country, Inc. CA$6.9M · 1.03%
Ld Products, Inc. CA$6.9M · 1.03%
Link Imaging, LLC CA$6.8M · 1.02%
Lakin Tire West, LLC CA$6.8M · 0.03%

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Source: U.S. Department of Labor, Form 5500 series, EIN 455170499 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.