Plan Ledger DOL Form 5500 · updated monthly

A&A Ready Mixed Concrete, Inc.401(k)

A&A READY MIXED CONCRETE, INC. 401(K) PLAN · NEWPORT BEACH, CA · plan year 2023

Reported admin expense ratio · 2023
0.65%

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

A&A Ready Mixed Concrete, Inc. reported $132,299 in plan administrative expenses for 2023: 0.65% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,683 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 1 year on file its reported administrative ratio rose from 0.49% to 0.65%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other construction employers. By assets it is the 3,433rd-largest of 9,483 plans among California employers on file, and the 1,912th of 5,337 in construction. In 2023, employees put in $2.95 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$21,700,980
Participants with balances465
Active participants347
Employer contributions$583,935
Employee contributions$1,724,981
Employer contribution per active participant$1,683
Average account balance$46,669
Benefits paid to participants$1,960,098
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2023$21.7M · 465 accts · $584K emplr
2022$18.7M · 382 accts · $499K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$114,448
Investment management$6,651
Audit (IQPA)$11,200
Total administrative$132,299
The A&A Ready Mixed Concrete, Inc. 401(k) match · 2023
Employer contribution per active participant$1,683
Median for plans this size$2,440
2023$1,683 per active participant
2022$1,647 per active participant

A&A Ready Mixed Concrete, Inc.'s 2023 employer contribution ran below 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 · 20235
ADMIN. GROUP, LLC DBA TAG RESOURCES · Recordkeeping · Loan processing$61,585
TRANSAMERICA FINANCIAL LIFE INS CO · Recordkeeping · Loan processing$52,863
COULTER & JUSTUS · Accounting / audit$11,200
TWO WEST CAPITAL ADVISORS LLC · Pension consulting$5,847
NFP RETIREMENT INC · Investment advisory (plan)$804

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history2
2023$132,299 · 0.65%
2022$94,711 · 0.49%
Similar plansConstruction · California
Mission Critical Group, LLC CA$22.4M · 0.70%
Hci Systems, Inc. CA$22.2M · 0.49%
Geo Services, LLC CA$21.6M · 0.17%
The Nevell Group, Inc. CA$21.5M · 0.36%

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Source: U.S. Department of Labor, Form 5500 series, EIN 951955900 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.