Plan Ledger DOL Form 5500 · updated monthly

American Asphalt Repair & Resurfacing Co. Inc.401(k)

AMERICAN ASPHALT REPAIR & RESURFACING CO. , INC. RETIREMENT SAVINGS PLAN · HAYWARD, CA · plan year 2024

Reported admin expense ratio · 2024
0.51%

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

American Asphalt Repair & Resurfacing Co. Inc. reported $82,702 in plan administrative expenses for 2024: 0.51% of average plan assets, higher than ~75% of peers. Employer contributions averaged $4,605 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 0.42% to 0.51%. 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 the 4,119th-largest of 9,483 plans among California employers on file, and the 2,292nd of 5,337 in construction. In 2024, the employer put in $1.31 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$16,642,418
Participants with balances211
Active participants159
Employer contributions$732,246
Employee contributions$557,810
Employer contribution per active participant$4,605
Average account balance$78,874
Benefits paid to participants$1,837,789
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$16.6M · 211 accts · $732K emplr
2023$15.7M · 203 accts · $775K emplr
2022$12.9M · 186 accts · $830K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$49,362
Investment management$33,340
Total administrative$82,702
The American Asphalt Repair & Resurfacing Co. Inc. 401(k) match · 2024
Employer contribution per active participant$4,605
Median for plans this size$2,416
2024$4,605 per active participant
2023$4,558 per active participant
2022$5,647 per active participant

American Asphalt Repair & Resurfacing Co. Inc.'s 2024 employer contribution ran above the $2,416 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
BENECO SYSTEMS, LLC · Trustee (discretionary) · Other services$82,702

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

Recordkeeper by year2
2024BENECO SYSTEMS, LLC
2023BENECO SYSTEMS, LLC

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

Administrative cost history3
2024$82,702 · 0.51%
2023$76,400 · 0.54%
2022$58,926 · 0.42%
All plans at this employer2
AMERICAN ASPHALT REPAIR & RESURFACING CO. , INC. RETIREMENT SAVINGS PLAN401(k)
AMERICAN ASPHALT EMPLOYEE STOCK OWNERSHIP PLANESOP
Same employer
Similar plansConstruction · California
United Mechanical, Inc. CA$17.1M · 0.26%
Olson Urban Housing, LLC CA$17.0M · 0.41%
Trl Systems, Inc. CA$16.8M · 0.25%
West-Tech Contracting, Inc. CA$16.6M · 0.51%
Andy Gump, Inc. CA$16.5M · 0.51%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 942914200 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.