Plan Ledger DOL Form 5500 · updated monthly

The Bobrick Corporation401(k)

THE BOBRICK CORPORATION PROFIT SHARING RETIREMENT PLAN · NORTH HOLLYWOOD, CA · plan year 2024

Reported admin expense ratio · 2024
0.17%

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

The Bobrick Corporation reported $145,074 in plan administrative expenses for 2024: 0.17% of average plan assets, above the peer median. Employer contributions averaged $5,377 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 0.13% to 0.17%. 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 1,077th-largest of 9,483 plans among California employers on file, and the 451st of 4,246 in wholesale trade. In 2024, employees put in $1.25 for every $1.00 the employer contributed; active participation has grown from 606 to 703 since 2022.

Plan summary
Net assets, end of year$92,139,613
Participants with balances793
Active participants703
Employer contributions$3,779,829
Employee contributions$4,736,960
Employer contribution per active participant$5,377
Average account balance$116,191
Benefits paid to participants$8,072,189
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$92.1M · 793 accts · $3.8M emplr
2023$78.7M · 772 accts · $1.6M emplr
2022$62.1M · 678 accts · $4K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$145,074
Total administrative$145,074
The The Bobrick Corporation 401(k) match · 2024
Employer contribution per active participant$5,377
Median for plans this size$3,635
2024$5,377 per active participant
2023$2,276 per active participant
2022$6 per active participant

The Bobrick Corporation'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 · 20243
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$126,407
SSI INVESTMENT MANAGEMENT LLC · Investment advisory (plan)$39,792
MORNINGSTAR INVESTMENT MANAGEMENT L · Investment advisory (participants)indirect comp

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$145,074 · 0.17%
2023$150,198 · 0.21%
2022$80,478 · 0.13%
Same employer
Similar plansWholesale Trade · California
M S International, Inc. CA$100.2M · 0.07%
Ariat International, Inc. CA$99.0M · 0.06%
Pricesmart, Inc. CA$95.2M · 0.04%
Jordano's, Inc. CA$90.3M · 0.04%
Rsd - Total Control CA$89.3M · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 952500371 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.