Plan Ledger DOL Form 5500 · updated monthly

Ssmb Pacific Holding Company, Inc.401(k)

NORCAL KENWORTH 401(K) PLAN · SAN FRANCISCO, CA · plan year 2022

Reported admin expense ratio · 2022
0.13%

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

Ssmb Pacific Holding Company, Inc. reported $25,046 in plan administrative expenses for 2022: 0.13% of average plan assets, below the peer median. Employer contributions averaged $8,286 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 $10M–$50M size bracket, benchmarked here against 26,806 comparable plans and shown alongside other retail trade employers. By assets it is the 4,360th-largest of 9,483 plans among California employers on file, and the 1,885th of 5,215 in retail trade. In 2022, employees put in $4.75 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$15,194,771
Participants with balances351
Active participants36
Employer contributions$298,283
Employee contributions$1,417,000
Employer contribution per active participant$8,286
Average account balance$43,290
Benefits paid to participants$6,461,688
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2023$0
2022$15.2M · 351 accts · $298K emplr
Administrative expenses, itemized · 2022
Investment management$7,450
Total administrative$25,046
The Ssmb Pacific Holding Company, Inc. 401(k) match · 2022
Employer contribution per active participant$8,286
Median for plans this size$2,266

Ssmb Pacific Holding Company, Inc.'s 2022 employer contribution ran above the $2,266 median for plans its size, placing it in the top 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history2
2023Not separately reported
2022$25,046 · 0.13%
Similar plansRetail Trade · California
Title 9 Sports, Inc. CA$15.4M · 0.26%
Janie and Jack, LLC CA$15.2M · 0.54%
Don Roberto Jewelers Inc CA$15.1M · 0.15%
Ly Brothers Corporation CA$15.0M · 0.30%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 943328854 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.