Plan Ledger DOL Form 5500 · updated monthly

Alcoa Electrical Contractor Inc401(k)

ALCOA GROUP 401(K) PLAN · HUNTINGTON BEACH, CA · plan year 2024

Reported admin expense ratio · 2024
0.35%

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

Alcoa Electrical Contractor Inc reported $23,489 in plan administrative expenses for 2024: 0.35% of average plan assets, below the peer median. Employer contributions averaged $2,652 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 0.81% to 0.35%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in California (6,067th of 9,483), and 3,415th of 5,337 in construction. In 2024, employees put in $2.11 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$7,836,600
Participants with balances135
Active participants168
Employer contributions$445,480
Employee contributions$939,328
Employer contribution per active participant$2,652
Average account balance$58,049
Benefits paid to participants$194,669
Plan auditUnmodified (clean) audit opinion
AuditorPLANCHECK CPA'S LLC
Plan history3
Yearassets · accounts · employer contribution
2024$7.8M · 135 accts · $445K emplr
2023$5.7M · 127 accts · $410K emplr
2022$3.8M · 122 accts · $254K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$23,489
Total administrative$23,489
The Alcoa Electrical Contractor Inc 401(k) match · 2024
Employer contribution per active participant$2,652
Median for plans this size$1,313
2024$2,652 per active participant
2023$2,661 per active participant
2022$1,648 per active participant

Alcoa Electrical Contractor Inc's 2024 employer contribution ran above the $1,313 median for plans its size, placing it in the top 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 · 20241
ADP, INC. · Loan processing · Recordkeeping$23,489

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
2023ADP

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Administrative cost history3
2024$23,489 · 0.35%
2023$21,416 · 0.45%
2022$31,141 · 0.81%
All plans at this employer2
ALCOA GROUP 401(K) PLAN401(k)
ALCOA ELECTRICAL CONTRACTOR, INC. EMPLOYEE STOCK OWNERSHIP PLANESOP
Same employer
Similar plansConstruction · California
Schilling Paradise Corp. CA$8.2M · 1.39%
Provenza Floors, Inc. CA$8.0M · 0.19%
Direct Line Global LLC CA$7.8M · 0.27%
Ldi Mechanical, Inc. CA$7.7M · 0.71%
Wcp Developers, LLC CA$7.7M · 0.81%

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Source: U.S. Department of Labor, Form 5500 series, EIN 383907348 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.