Plan Ledger DOL Form 5500 · updated monthly

The Inside Source, Inc.401(k)

THE INSIDE SOURCE, INC. 401(K) PROFIT SHARING PLAN · SAN CARLOS, CA · plan year 2024

Reported admin expense ratio · 2024
0.49%

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

The Inside Source, Inc. reported $142,012 in plan administrative expenses for 2024: 0.49% of average plan assets, higher than ~75% of peers. Employer contributions averaged $6,108 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 0.60% to 0.49%. 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 2,381st-largest of 9,483 plans among California employers on file, and the 1,166th of 4,246 in wholesale trade. In 2024, employees put in $1.41 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$34,916,864
Participants with balances426
Active participants323
Employer contributions$1,972,883
Employee contributions$2,785,227
Employer contribution per active participant$6,108
Average account balance$81,964
Benefits paid to participants$1,741,320
Plan auditUnmodified (clean) audit opinion
AuditorPETRINOVICH PUGH & COMPANY, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$34.9M · 426 accts · $2.0M emplr
2023$23.3M · 410 accts · $788K emplr
2022$17.5M · 374 accts · $34K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$60,365
Investment management$81,647
Total administrative$142,012
The The Inside Source, Inc. 401(k) match · 2024
Employer contribution per active participant$6,108
Median for plans this size$2,416
2024$6,108 per active participant
2023$2,470 per active participant
2022$117 per active participant

The Inside Source, Inc.'s 2024 employer contribution ran above the $2,416 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
WELLSPRING FINANCIAL PARTNERS · Investment advisory (plan)$81,647
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$60,365

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$142,012 · 0.49%
2023$107,084 · 0.52%
2022$110,942 · 0.60%
Same employer
Similar plansWholesale Trade · California
Vytalogy Wellness LLC CA$35.2M · 0.16%
Kikkoman Sales USA, Inc. CA$35.1M · 0.05%
Jfe Shoji America, LLC CA$34.9M · 0.63%
Maxon Industries, Inc. CA$34.8M · 0.41%
World Variety Produce, Inc. CA$34.6M · 0.02%
Synamedia Americas LLC CA$34.5M · 0.05%
Roland Corporation U.S. CA$34.3M · 0.36%

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Source: U.S. Department of Labor, Form 5500 series, EIN 943214034 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.