Plan Ledger DOL Form 5500 · updated monthly

South Bay Solutions, Inc.401(k)

SOUTH BAY SOLUTIONS, INC. 401(K) PLAN · FREMONT, CA · plan year 2022

Reported admin expense ratio · 2022
0.17%

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

South Bay Solutions, Inc. reported $5,000 in plan administrative expenses for 2022: 0.17% of average plan assets, below the peer median. Employer contributions averaged $1,950 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 $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in California (7,966th of 9,483), and 12,423rd of 13,661 in manufacturing. In 2022, employees put in $2.24 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$2,754,506
Participants with balances70
Active participants102
Employer contributions$198,889
Employee contributions$446,408
Employer contribution per active participant$1,950
Average account balance$39,350
Benefits paid to participants$523,263
Plan auditUnmodified (clean) audit opinion
AuditorAPRIO LLP
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$2,711
Investment management$2,289
Total administrative$5,000
The South Bay Solutions, Inc. 401(k) match · 2022
Employer contribution per active participant$1,950
Median for plans this size$1,114

South Bay Solutions, 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.

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$5,000 · 0.17%
Same employer
Similar plansManufacturing · California
Crisp Enterprises, Inc. CA$2.8M · 0.97%
Maf Industries, Inc. CA$2.8M · 1.08%
Magnolia Foods LLC CA$2.8M · 0.62%
Vintners Inn CA$2.7M · 0.49%
Avail Medsystems, Inc. CA$2.7M · 0.75%

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Source: U.S. Department of Labor, Form 5500 series, EIN 710878396 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.