California › Professional, scientific and technical services › 100 to 249 participants
Form 5500 statement · plan year 1 Nov 2022 to 31 Dec 2022
Sweet James 401(k) Plan
Sponsored by Sweet James LLP, Newport Beach, CA
Form 5500 information is as filed by the plan administrator with the Department of Labor and may be amended. Figures reflect the plan year shown, not current balances. Form 5500 contains no individual account balances. Look up the original filing at EFAST2.
Sweet James 401(k) Plan is a 401(k) plan sponsored by Sweet James LLP of Newport Beach, California. For the plan year ending 31 Dec 2022 it reported 109 participants, 109 of them active, and net assets of $15K.
Net assets came to $136 per participant, well below the $60,185 median for defined contribution plans with 100 to 249 participants and well below the $73,951 median for defined contribution plans in professional, scientific and technical services. The figure is an average across everyone in the plan, including former employees with small balances; Form 5500 holds no individual account data.
The filing reports no service provider compensation on Schedule C. That is common where fees are paid by the employer or taken from investment returns, neither of which appears there. Administrative expenses charged to the plan were $0.
The independent accountant's opinion on the financial statements was unmodified (unqualified), from an audit whose scope was limited under ERISA section 103(a)(3)(C) to exclude investment information certified by a bank or insurer.
Compared with similar plans
| Measure | This plan | Same size | Same industry | All US DC plans |
|---|---|---|---|---|
| Net assets per participant | $136 | $60,185 | $73,951 | $53,102 |
| Employer contributions per active participant | — | $2,447 | $3,219 | $2,175 |
| Schedule C compensation per participant | — | $194 | $148 | $123 |
| Schedule C compensation, share of net assets | — | 0.32% | 0.22% | 0.26% |
| Administrative expenses per participant | — | $176 | $140 | $116 |
Peer columns are medians for plan year 2024 across defined contribution plans with 100 or more participants: 100 to 249 participants (21,996 plans), professional, scientific and technical services (9,776) and all US plans (63,460). Fee medians cover plans that report an amount.
Statement for the year
- Net assets, beginning of year$0
- Employer contributions—
- Participant contributions$14,944
- Rollovers and other contributions—
- Total contributions$14,944
- Total income, including investment results$14,829
- Benefits paid$0
- Administrative expenses$0
- Total expenses$0
- Net income$14,829
- Net transfers$0
- Net assets, end of year$14,829
Participants
- Active participants109
- Retired or separated, receiving benefits0
- Retired or separated, entitled to future benefits0
- Participants with account balances17
- Total participants, end of year109
Fees and service providers
| Organisation | Services reported | Direct | Indirect |
|---|---|---|---|
| Fidelity Investments Institutional | Sub-transfer agency fees | $0 | $0 |
Schedule C, Part I line 2: providers that received $5,000 or more, with the form's own service codes. Individuals named on Schedule C (plan employees, individual trustees) are never shown and their compensation is excluded. Eligible indirect compensation disclosed by formula carries no dollar amount. See how to read Schedule C fees.
Investment structure
Assets at year end by Schedule H category. The form shows the kind of vehicle holding the money, not the funds on the menu.
- Registered investment companies (mutual funds)$9,723 · 65.6%
- Receivables$4,972 · 33.5%
- Cash (interest and non-interest bearing)$134 · 0.9%
Audit and compliance answers, as filed
- Accountant's opinionUnmodified (unqualified)
- Audit scope limited under ERISA section 103(a)(3)(C)Yes
- Participant contributions reported as transmitted lateYes, $14,944
- Covered by a fidelity bondNo
- Blackout period during the yearNo
These are the plan administrator's own answers on Schedule H, Part IV. A reported late transmittal is the filer's disclosure of a timing lapse, usually corrected through the Department of Labor's voluntary program; the amount is the total involved, not a loss.
Plan characteristics
2EProfit-sharing plan2FERISA section 404(c) plan2GTotal participant-directed account plan2JCode section 401(k) feature2KCode section 401(m) arrangement2TTotal or partial participant-directed account plan with a default investment account3DPre-approved pension plan
Codes entered on Form 5500 line 8a, with the labels from the official instructions. Business code 541110: Offices of Lawyers.
Similar plans in California
| Plan | Sponsor | Participants | Net assets | Per participant |
|---|---|---|---|---|
| DSD Business Systems 401(k) Retirement Savings Plan | DSD Associates, Inc. DBA DSD Business Systems | 110 | — | — |
| Common Thread Collective 401(k) Plan | Common Thread Collective, LLC | 109 | $3.2M | $29,537 |
| Mann Gelon Smith Sroka Lee, LLP 401(k) Plan | Mann Gelon Smith Sroka Lee, LLP | 110 | — | — |
| Filml.a., Inc. 401(k) Retirement Plan | Filml.a., Inc. | 109 | — | — |
| Diagnostic Consulting Network, LLC 401(k) Plan | Diagnostic Consulting Network, L | 110 | $9.3M | $84,520 |
| Jumio 401(k) Plan | Jumio Corporation | 109 | $14.3M | $131,519 |
Defined contribution plans in professional, scientific and technical services closest in size.
Questions and answers
How big is Sweet James 401(k) Plan?
109 participants at the end of the plan year ending 31 Dec 2022, of whom 109 were active employees, with net assets of $14,829. Among defined contribution plans that places it in the 100 to 249 participants band, which held 21,996 plans in plan year 2024.
What does Sweet James LLP contribute per participant?
This filing has no Schedule H financial statement, so employer contributions are not reported here.
What fees does the plan pay and how do they compare?
Schedule C reports no provider compensation for the year. Administrative expenses on Schedule H were $0. Investment costs deducted inside mutual funds and other pooled vehicles are not itemised on Form 5500, so these figures are a floor rather than a full cost.
Who runs the plan?
The sponsor is Sweet James LLP. Form 5500 also names the plan administrator's signer and other individuals; this site publishes organisations only.
Was the audit opinion unqualified?
The filing reports an unmodified (unqualified) opinion from a limited-scope audit, in which the accountant did not audit investment information certified by a bank or insurance company. Unmodified (formerly "unqualified") is the standard clean opinion.
How current is this, and does it show my balance?
This is the Form 5500 for the plan year 1 Nov 2022 to 31 Dec 2022, received by the Department of Labor on 3 Jun 2026. Filings are due seven months after the plan year ends, or nine and a half with an extension, so the public record always runs a year or more behind. It contains plan-level totals only: no individual balances, contributions or names of participants exist in the data.
Provenance
Source: U.S. Department of Labor, Employee Benefits Security Administration, Form 5500 research files (Form 5500, Schedule H, Schedule C) for plan years 2009 to 2025, public domain, with filings received through 24 Aug 2026. This page shows the latest filing on record for EIN 84-4229416, plan 001, received 3 Jun 2026; an amended filing replaces it at the next build. Medians and percentiles are computed by this site; see the methodology. Report an error through corrections.