Plan Ledger DOL Form 5500 · updated monthly

Air Control Systems, Inc.401(k)

AIR CONTROL SYSTEMS, INC. 401(K) RETIREMENT PLAN · ONTARIO, CA · plan year 2024

Reported admin expense ratio · 2024
0.63%

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

Air Control Systems, Inc. reported $67,184 in plan administrative expenses for 2024: 0.63% of average plan assets, higher than ~75% of peers. Employer contributions averaged $3,528 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 rose from 0.44% to 0.63%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in California (5,039th of 9,483), and 2,853rd of 5,337 in construction. In 2024, employees put in $1.89 for every $1.00 the employer contributed; active participation has grown from 145 to 183 since 2022.

Plan summary
Net assets, end of year$11,700,081
Participants with balances198
Active participants183
Employer contributions$645,583
Employee contributions$1,217,893
Employer contribution per active participant$3,528
Average account balance$59,091
Benefits paid to participants$1,079,423
Plan auditUnmodified (clean) audit opinion
AuditorDAVID L. BUCK CPA
Plan history3
Yearassets · accounts · employer contribution
2024$11.7M · 198 accts · $646K emplr
2023$9.7M · 160 accts · $529K emplr
2022$7.4M · 156 accts · $450K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$29,084
Investment management$38,100
Total administrative$67,184
The Air Control Systems, Inc. 401(k) match · 2024
Employer contribution per active participant$3,528
Median for plans this size$2,416
2024$3,528 per active participant
2023$3,349 per active participant
2022$3,107 per active participant

Air Control Systems, Inc.'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 · 20242
NORTHWESTERN MUTUAL INVESTMENT SERV · Recordkeeping · Trustee$38,101
ADP, INC. · Loan processing · Recordkeeping$29,082

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

Recordkeeper by year2
2024ADP, NORTHWESTERN MUTUAL INVESTMENT SERV
2023ADP, NORTHWESTERN MUTUAL INVESTMENT SERV

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$67,184 · 0.63%
2023$52,738 · 0.62%
2022$34,776 · 0.44%
Same employer
Similar plansConstruction · California
Land Mark Electric, Inc. CA$12.0M · 0.48%
Cirks Construction, Inc. CA$11.9M · 0.92%

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Source: U.S. Department of Labor, Form 5500 series, EIN 330491402 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.