Plan Ledger DOL Form 5500 · updated monthly

Aire-Rite Airconditioning & Refrigeration401(k)

AIRE-RITE AIRCONDITIONING REFRIGERATION, INC. 401(K) PROFIT · HUNTINGTON BEACH, CA · plan year 2022

Reported admin expense ratio · 2022
0.43%

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

Aire-Rite Airconditioning & Refrigeration reported $76,452 in plan administrative expenses for 2022: 0.43% of average plan assets, above the peer median. Employer contributions averaged $1,411 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 0.43% to 0.01%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,806 comparable plans and shown alongside other construction employers. By assets it is the 4,209th-largest of 9,483 plans among California employers on file, and the 2,338th of 5,337 in construction. In 2022, employees put in $3.37 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$16,124,242
Participants with balances179
Active participants138
Employer contributions$194,667
Employee contributions$655,644
Employer contribution per active participant$1,411
Average account balance$90,080
Benefits paid to participants$1,216,119
Plan auditDisclaimer of opinion
AuditorWERTZ & COMPANY, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$326K · 12 accts
2023$10.3M · 167 accts · $204K emplr
2022$16.1M · 179 accts · $195K emplr
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$76,452
Total administrative$76,452
The Aire-Rite Airconditioning & Refrigeration 401(k) match · 2022
Employer contribution per active participant$1,411
Median for plans this size$2,266
2023$1,925 per active participant
2022$1,411 per active participant

Aire-Rite Airconditioning & Refrigeration's 2022 employer contribution ran below the $2,266 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history3
2024$519 · 0.01%
2023$69,868 · 0.53%
2022$76,452 · 0.43%
Same employer
Similar plansConstruction · California
Andy Gump, Inc. CA$16.5M · 0.51%
Del Amo Construction, LLC CA$16.3M · 0.62%
Fullmer Construction CA$16.2M · 0.45%
Brady Socal, Inc. CA$16.0M · 0.39%
Coffman Specialties, Inc. CA$15.9M · 0.31%
Telstar Instruments CA$15.8M · 0.05%

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Source: U.S. Department of Labor, Form 5500 series, EIN 952868706 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.