Plan Ledger DOL Form 5500 · updated monthly

Liberated Brands, LLC401(k)

VOLCOM, LLC 401(K) PLAN · COSTA MESA, CA · plan year 2024

Reported admin expense ratio · 2024
0.51%

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

Liberated Brands, LLC reported $133,807 in plan administrative expenses for 2024: 0.51% of average plan assets, higher than ~75% of peers. Employer contributions averaged $643 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 0.51%. 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 2,635th-largest of 9,483 plans among California employers on file, and the 1,342nd of 4,246 in wholesale trade. In 2024, employees put in $5.28 for every $1.00 the employer contributed; active participation has grown from 528 to 1,067 since 2022.

Plan summary
Net assets, end of year$30,617,812
Participants with balances1,586
Active participants1,067
Employer contributions$685,688
Employee contributions$3,621,484
Employer contribution per active participant$643
Average account balance$19,305
Benefits paid to participants$1,779,987
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$30.6M · 1,586 accts · $686K emplr
2023$21.4M · 879 accts · $339K emplr
2022$16.5M · 710 accts · $311K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$131,657
Total administrative$133,807
The Liberated Brands, LLC 401(k) match · 2024
Employer contribution per active participant$643
Median for plans this size$2,416
2024$643 per active participant
2023$514 per active participant
2022$588 per active participant

Liberated Brands, LLC'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
VOYA RETIREMENT INSURANCE & ANNUITY · Investment advisory (participants)$133,807
MORGAN STANLEY SMITH BARNEY LLCindirect 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$133,807 · 0.51%
2023$93,658 · 0.49%
2022$89,842 · 0.49%
Similar plansWholesale Trade · California
Adept Fasteners, Inc. CA$32.1M · 0.12%
H & N Group, Inc. CA$31.6M · 0.04%
Bisco Industries, Inc. CA$31.5M · 0.05%
Ma Laboratories, Inc. CA$31.3M · 0.15%
Noritsu America Corporation CA$30.3M · 0.14%
Birkenstock USA, LP CA$29.7M · 0.25%

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Source: U.S. Department of Labor, Form 5500 series, EIN 330466919 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.