Plan Ledger DOL Form 5500 · updated monthly

Wismettac Asian Foods, Inc.401(k)

WISMETTAC ASIAN FOODS 401(K) PROFIT SHARING PLAN · SANTA FE SPRINGS, CA · plan year 2024

Reported admin expense ratio · 2024
0.13%

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

Wismettac Asian Foods, Inc. reported $102,848 in plan administrative expenses for 2024: 0.13% of average plan assets, below the peer median. Employer contributions averaged $1,558 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 0.01% to 0.13%. 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 1,171st-largest of 9,483 plans among California employers on file, and the 501st of 4,246 in wholesale trade. In 2024, employees put in $3.72 for every $1.00 the employer contributed; active participation has grown from 769 to 910 since 2022.

Plan summary
Net assets, end of year$83,537,456
Participants with balances1,144
Active participants910
Employer contributions$1,418,002
Employee contributions$5,281,289
Employer contribution per active participant$1,558
Average account balance$73,022
Benefits paid to participants$3,822,150
Plan auditUnmodified (clean) audit opinion
AuditorPDM, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$83.5M · 1,144 accts · $1.4M emplr
2023$71.0M · 1,045 accts · $1.1M emplr
2022$58.5M · 1,001 accts · $985K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$43,082
Investment management$59,766
Total administrative$102,848
The Wismettac Asian Foods, Inc. 401(k) match · 2024
Employer contribution per active participant$1,558
Median for plans this size$3,635
2024$1,558 per active participant
2023$1,341 per active participant
2022$1,281 per active participant

Wismettac Asian Foods, Inc.'s 2024 employer contribution ran below the $3,635 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
MMA SECURITIES · Investment advisory (plan)$54,925
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$43,082

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$102,848 · 0.13%
2023$53,187 · 0.08%
2022$6,081 · 0.01%
Same employer
Similar plansWholesale Trade · California
Rsd - Total Control CA$89.3M · 0.01%
Golden State Lumber, Inc. CA$87.4M · 0.14%
Process Distribution Group CA$82.0M · 0.01%
Nihon Kohden America, Inc CA$78.5M · 0.23%
Rippling CA$76.6M · 0.11%

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Source: U.S. Department of Labor, Form 5500 series, EIN 952101387 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.