Plan Ledger DOL Form 5500 · updated monthly

Wavestream Corporation401(k)

WAVESTREAM CORPORATION 401(K) PLAN · SAN DIMAS, CA · plan year 2023

Reported admin expense ratio · 2023
0.02%

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

Wavestream Corporation reported $4,241 in plan administrative expenses for 2023: 0.02% of average plan assets, lower than ~75% of peers. Employer contributions averaged $3,505 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 0.016% to 0.018%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other manufacturing employers. By assets it is the 3,621st-largest of 9,483 plans among California employers on file, and the 5,922nd of 13,661 in manufacturing. In 2023, employees put in $2.50 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$20,092,071
Participants with balances223
Active participants147
Employer contributions$515,215
Employee contributions$1,286,099
Employer contribution per active participant$3,505
Average account balance$90,099
Benefits paid to participants$1,800,411
Plan auditUnmodified (clean) audit opinion
AuditorMOSS ADAMS
Plan history3
Yearassets · accounts · employer contribution
2024$19.4M · 227 accts · $516K emplr
2023$20.1M · 223 accts · $515K emplr
2022$17.3M · 238 accts · $509K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$4,241
Total administrative$4,241
The Wavestream Corporation 401(k) match · 2023
Employer contribution per active participant$3,505
Median for plans this size$2,440
2024$3,712 per active participant
2023$3,505 per active participant
2022$3,222 per active participant

Wavestream Corporation's 2023 employer contribution ran above the $2,440 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20231
RETIREMENT SERVICE GROUP INC · Contract administratorindirect 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$3,482 · 0.02%
2023$4,241 · 0.02%
2022$2,972 · 0.02%
Same employer
Similar plansManufacturing · California
Rivulis Irrigation, Inc. CA$20.2M · 0.08%
Enovix Corporation CA$20.2M · 0.63%
Central Valley Meat Co. CA$20.0M · 0.97%
Igm Biosciences, Inc. CA$19.9M · 0.02%
Cosway Company, Inc. CA$19.9M · 0.10%
Unigen Corporation CA$19.9M · 0.21%

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Source: U.S. Department of Labor, Form 5500 series, EIN 943369894 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.