Plan Ledger DOL Form 5500 · updated monthly

Acorn Engineering Company, Inc.401(k)

ACORN ENGINEERING COMPANY, INC. 401(K) PLAN · CITY OF INDUSTRY, CA · plan year 2024

Reported admin expense ratio · 2024
0.31%

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

Acorn Engineering Company, Inc. reported $101,514 in plan administrative expenses for 2024: 0.31% of average plan assets, above the peer median. Employer contributions averaged $183 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 0.33% to 0.31%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 2,423rd-largest of 9,483 plans among California employers on file, and the 4,081st of 13,661 in manufacturing. In 2024, employees put in $14.02 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$34,281,502
Participants with balances581
Active participants669
Employer contributions$122,328
Employee contributions$1,714,471
Employer contribution per active participant$183
Average account balance$59,004
Benefits paid to participants$2,501,201
Plan auditUnmodified (clean) audit opinion
AuditorBEACH FREEMAN LIM & CLELAND, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$34.3M · 581 accts · $122K emplr
2023$30.3M · 572 accts · $118K emplr
2022$25.5M · 566 accts · $118K emplr
Administrative expenses, itemized · 2024
Investment management$101,514
Total administrative$101,514
The Acorn Engineering Company, Inc. 401(k) match · 2024
Employer contribution per active participant$183
Median for plans this size$2,416
2024$183 per active participant
2023$177 per active participant
2022$185 per active participant

Acorn Engineering Company, Inc.'s 2024 employer contribution ran below the $2,416 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 · 20243
LPL FINANCIAL · Investment advisory (plan)$91,179
EMPOWER ADVISORY GROUP, LLC · Investment management$10,336

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$101,514 · 0.31%
2023$88,392 · 0.32%
2022$92,743 · 0.33%
Same employer
Similar plansManufacturing · California
Rix Industries CA$34.7M · 0.34%
Karma Automotive LLC CA$34.6M · 0.22%
D & D Gear, Inc. CA$34.5M · 0.36%
San Antonio Winery, Inc. CA$34.3M · 0.34%
Pulse Electronics, Inc. CA$34.3M · 0.00%
Heritage Companies, LLC CA$34.2M · 0.13%
Heron Therapeutics, Inc. CA$34.0M · 0.15%
Moldex Metric, Inc. CA$34.0M · 0.09%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 951864304 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.