Plan Ledger DOL Form 5500 · updated monthly

Tak Shing Hong, Inc.401(k)

TAK SHING HONG, INC.401(K) PLAN · CITY OF INDUSTRY, CA · plan year 2024

Reported admin expense ratio · 2024
0.74%

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

Tak Shing Hong, Inc. reported $23,614 in plan administrative expenses for 2024: 0.74% of average plan assets, above the peer median. Employer contributions averaged $202 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 3 years on file its reported administrative ratio has held roughly steady near 0.74%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other retail trade employers. By assets it is among the smaller plans on file in California (7,611th of 9,483), and 4,210th of 5,215 in retail trade. In 2024, employees put in $10.82 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$3,499,899
Participants with balances144
Active participants197
Employer contributions$39,702
Employee contributions$429,659
Employer contribution per active participant$202
Average account balance$24,305
Benefits paid to participants$150,803
Plan auditUnmodified (clean) audit opinion
AuditorK A L L ACCOUNTANCY CORPORATION
Plan history3
Yearassets · accounts · employer contribution
2024$3.5M · 144 accts · $40K emplr
2023$2.9M · 134 accts · $37K emplr
2022$2.1M · 116 accts · $34K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$9,825
Investment management$13,789
Total administrative$23,614
The Tak Shing Hong, Inc. 401(k) match · 2024
Employer contribution per active participant$202
Median for plans this size$1,313
2024$202 per active participant
2023$192 per active participant
2022$185 per active participant

Tak Shing Hong, Inc.'s 2024 employer contribution ran below the $1,313 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 · 20243
MERRILL LYNCH PIERCE FENNER & SMITH · Recordkeeping · Pension consulting$13,100
ADP, INC. · Recordkeeping$10,512
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, Bank of America / Merrill
2023ADP, Bank of America / Merrill

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

Administrative cost history3
2024$23,614 · 0.74%
2023$19,453 · 0.78%
2022$16,606 · 0.73%
Same employer
Similar plansRetail Trade · California
Meundies Inc CA$3.6M · 0.30%
Lassens Health Foods CA$3.6M · 0.05%
Nimblerx CA$3.4M · 0.25%
Rrl Corporation CA$3.4M · 0.01%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 330283760 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.