The Bobrick Corporation 401(k) Review & Grade
The Bobrick Corporation Profit Sharing Retirement Plan
North Hollywood, CAWholesale Trade699 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$5,407Employer $ per active participant
$6,777Employee $ saved per active participant
0.17%Direct admin cost, % of plan assets
$92.1MNet plan assets, end of year
$116,191Average balance per account
Score breakdown
- Employer generosity45.1 / 5090th percentile for employer $ per participant
- Low cost14.9 / 2559th percentile for low admin cost vs. same-size plans
- Employee saving11.5 / 1577th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
Total score82 / 100 · Grade A
This plan vs. peers
Peers: Wholesale Trade plans with 500–2,499 active participants (603 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 90th |
| Lower admin cost | 59th |
| Employee saving | 77th |
| Peers that auto-enroll | 53% |
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Red flags from the filing
No red flags were reported on this filing's compliance questions.
What to do if you're in this plan
- Bobrick put in about $5,407 per active participant, more than the typical peer ($1,792). Contribute at least enough to collect the full match. Skipping it leaves part of your pay on the table.
- The filing shows total dollars, not the match formula. Ask HR for the Summary Plan Description so you know the exact match and vesting schedule.
- Fund expense ratios aren't in the filing. Look them up in your 404(a)(5) fee disclosure and favor low-cost index or target-date funds.
- The plan auto-enrolls employees. Check your default contribution rate. Defaults are often lower than what it takes to get the full match.
- Changing jobs? You can usually leave the money in the plan, move it to your new employer's plan, or roll it into an IRA. Don't cash out: you'd owe taxes and possibly a 10% penalty.
The raw numbers from the filing
| Employer contributions | $3,779,829 |
| Participant (employee) contributions | $4,736,960 |
| Other contributions (incl. rollovers in) | $58,497 |
| Administrative expenses paid from the plan | $145,074 |
| Contract administrator fees | $145,074 |
| Benefits paid out | $8,072,189 |
| Net assets, start / end of year | $78.7M / $92.1M |
| Active participants, start / end of year | 695 / 703 |
| Participants with account balances | 793 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | Holthouse Carlin & Van Trigt LLP |
Largest service providers (Schedule C)
| Principal Life Insurance Company | $126,407 reported compensation |
| Ssi Investment Management LLC | $39,792 reported compensation |
| Morningstar Investment Management L | $0 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20260612103550NAL0019216162001, received 2026-06-12, EIN 95-2500371, plan #001, plan year 2024-11-01 to 2025-10-31. Verify at efast.dol.gov.