Plan Ledger DOL Form 5500 · updated monthly

Specialized Bicycle Components, Inc.401(k)

SPECIALIZED BICYCLE COMPONENTS, INC. PROFIT SHARING PLAN · MORGAN HILL, CA · plan year 2024

Reported admin expense ratio · 2024
0.05%

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

Specialized Bicycle Components, Inc. reported $74,510 in plan administrative expenses for 2024: 0.05% of average plan assets, lower than ~75% of peers. Employer contributions averaged $4,379 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 fell from 0.09% to 0.05%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other wholesale trade employers. By assets it is the 689th-largest of 9,483 plans among California employers on file, and the 303rd of 4,246 in wholesale trade. In 2024, employees put in $2.62 for every $1.00 the employer contributed; active participation has shrunk from 871 to 711 since 2022.

Plan summary
Net assets, end of year$152,321,054
Participants with balances1,178
Active participants711
Employer contributions$3,113,230
Employee contributions$8,146,024
Employer contribution per active participant$4,379
Average account balance$129,305
Benefits paid to participants$18,297,347
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$152.3M · 1,178 accts · $3.1M emplr
2023$137.8M · 1,233 accts · $3.3M emplr
2022$114.5M · 1,296 accts · $4.3M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$49,993
Investment management$24,517
Total administrative$74,510
The Specialized Bicycle Components, Inc. 401(k) match · 2024
Employer contribution per active participant$4,379
Median for plans this size$3,635
2024$4,379 per active participant
2023$4,258 per active participant
2022$4,902 per active participant

Specialized Bicycle Components, Inc.'s 2024 employer contribution ran above the $3,635 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$49,993
NEWFRONT RETIREMENT SERVICES · Consulting · Investment advisory (plan)$24,517

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

Administrative cost history3
2024$74,510 · 0.05%
2023$51,327 · 0.04%
2022$109,550 · 0.09%
Same employer
Similar plansWholesale Trade · California
Jfc International Inc. CA$174.8M · 0.00%
Trace 3, LLC CA$173.3M · 0.22%
Amada North America, Inc. CA$151.8M · 0.06%
Holt of California CA$135.0M · 0.12%
Kelly Spicers Inc. CA$133.3M · 0.04%

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Source: U.S. Department of Labor, Form 5500 series, EIN 881246434 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.