Plan Ledger DOL Form 5500 · updated monthly

Accurate Background, LLC401(k)

ACCURATE BACKGROUND 401(K) PLAN · IRVINE, CA · plan year 2024

Reported admin expense ratio · 2024
0.30%

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

Accurate Background, LLC reported $113,656 in plan administrative expenses for 2024: 0.30% of average plan assets, above the peer median. Employer contributions averaged $2,589 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 fell from 0.34% to 0.30%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other administrative & support services employers. By assets it is the 2,037th-largest of 9,483 plans among California employers on file, and the 348th of 2,534 in administrative & support services. In 2024, employees put in $2.31 for every $1.00 the employer contributed; active participation has shrunk from 697 to 575 since 2022.

Plan summary
Net assets, end of year$42,356,382
Participants with balances826
Active participants575
Employer contributions$1,488,449
Employee contributions$3,439,752
Employer contribution per active participant$2,589
Average account balance$51,279
Benefits paid to participants$3,542,956
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$42.4M · 826 accts · $1.5M emplr
2023$33.7M · 820 accts · $1.5M emplr
2022$26.7M · 885 accts · $1.5M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$57,531
Investment management$40,000
Audit (IQPA)$16,125
Total administrative$113,656
The Accurate Background, LLC 401(k) match · 2024
Employer contribution per active participant$2,589
Median for plans this size$2,416
2024$2,589 per active participant
2023$2,516 per active participant
2022$2,097 per active participant

Accurate Background, LLC's 2024 employer contribution ran above the $2,416 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20243
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$57,531
GLOBAL RETIREMENT PARTNERS LLC · Investment advisory (plan)$40,000
HASKELL WHITE LLP · Accounting / audit$16,125

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$113,656 · 0.30%
2023$64,088 · 0.21%
2022$98,205 · 0.34%
Same employer
Similar plansAdministrative & Support Services · California
Backroads, Inc. CA$44.1M · 0.02%
Travel Store, Inc. CA$43.0M · 0.00%
Kimstaffhr, Inc CA$42.8M · 0.57%
Ati Restoration, LLC CA$41.1M · 0.28%
Eplica, Inc. CA$35.9M · 0.21%

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Source: U.S. Department of Labor, Form 5500 series, EIN 330796904 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.