Plan Ledger DOL Form 5500 · updated monthly

T.M. Cobb Company401(k)

T.M. COBB AND HALEY BROTHERS 401(K) PLAN · RIVERSIDE, CA · plan year 2024

Reported admin expense ratio · 2024
0.59%

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

T.M. Cobb Company reported $163,578 in plan administrative expenses for 2024: 0.59% of average plan assets, higher than ~75% of peers. Employer contributions averaged $393 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 0.47% to 0.59%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other wholesale trade employers. By assets it is the 2,782nd-largest of 9,483 plans among California employers on file, and the 1,411th of 4,246 in wholesale trade. In 2024, employees put in $6.93 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$28,618,582
Participants with balances523
Active participants494
Employer contributions$194,127
Employee contributions$1,344,901
Employer contribution per active participant$393
Average account balance$54,720
Benefits paid to participants$2,755,825
Plan auditUnmodified (clean) audit opinion
AuditorWRIGHT FORD YOUNG AND COMPANY
Plan history3
Yearassets · accounts · employer contribution
2024$28.6M · 523 accts · $194K emplr
2023$26.4M · 518 accts · $212K emplr
2022$23.9M · 543 accts · $207K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$70,922
Total administrative$163,578
The T.M. Cobb Company 401(k) match · 2024
Employer contribution per active participant$393
Median for plans this size$2,416
2024$393 per active participant
2023$448 per active participant
2022$406 per active participant

T.M. Cobb Company's 2024 employer contribution ran below the $2,416 median for plans its size, in the bottom 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
MORGANSTANLEYSMITHBARNEYLLC · Investment advisory (participants)$92,656
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$70,922

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$163,578 · 0.59%
2023$142,301 · 0.57%
2022$124,668 · 0.47%
Same employer
Similar plansWholesale Trade · California
Ta Chen International, Inc. CA$29.1M · 0.26%
Beyond Meat, Inc. CA$29.0M · 0.57%
Geary Pacific Corporation CA$28.9M · 0.24%
Samsung Sdi America, Inc. CA$28.1M · 0.55%

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Source: U.S. Department of Labor, Form 5500 series, EIN 951528565 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.