Plan Ledger DOL Form 5500 · updated monthly

The Sloan Company401(k)

SLOANLED 401(K) PLAN · VENTURA, CA · plan year 2022

Reported admin expense ratio · 2022
0.46%

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

The Sloan Company reported $45,863 in plan administrative expenses for 2022: 0.46% of average plan assets, below the peer median. Employer contributions averaged $2,294 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 1 year on file its reported administrative ratio fell from 0.46% to 0.44%. The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in California (5,888th of 9,483), and 9,455th of 13,661 in manufacturing. In 2022, employees put in $5.24 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$8,487,608
Participants with balances110
Active participants61
Employer contributions$139,913
Employee contributions$733,474
Employer contribution per active participant$2,294
Average account balance$77,160
Benefits paid to participants$1,959,145
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2023$5.7M · 57 accts · $24K emplr
2022$8.5M · 110 accts · $140K emplr
Administrative expenses, itemized · 2022
Investment management$2,031
Total administrative$45,863
The The Sloan Company 401(k) match · 2022
Employer contribution per active participant$2,294
Median for plans this size$1,114
2023$1,203 per active participant
2022$2,294 per active participant

The Sloan Company's 2022 employer contribution ran above the $1,114 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
2023$31,185 · 0.44%
2022$45,863 · 0.46%
Similar plansManufacturing · California
Karen Kane, Inc. CA$8.5M · 1.44%
Manhattan Beachwear, LLC. CA$8.5M · 0.55%
Brentwood Originals, Inc. CA$8.5M · 0.96%
Aisera, Inc. CA$8.4M · 0.08%

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Source: U.S. Department of Labor, Form 5500 series, EIN 952015446 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.