Plan Ledger DOL Form 5500 · updated monthly

American Incorporated401(k)

AMERICAN INCORPORATED 401(K) PLAN · VISALIA, CA · plan year 2024

Reported admin expense ratio · 2024
0.35%

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

American Incorporated reported $124,183 in plan administrative expenses for 2024: 0.35% of average plan assets, above the peer median. Employer contributions averaged $8,508 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 0.37% to 0.35%. 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 2,232nd-largest of 9,483 plans among California employers on file, and the 1,287th of 5,337 in construction. In 2024, the employer put in $4.85 for every $1.00 employees contributed themselves; active participation has grown from 565 to 636 since 2022.

Plan summary
Net assets, end of year$38,023,279
Participants with balances574
Active participants636
Employer contributions$5,411,160
Employee contributions$1,114,723
Employer contribution per active participant$8,508
Average account balance$66,243
Benefits paid to participants$3,962,106
Plan auditUnmodified (clean) audit opinion
AuditorCUTTONE & MASTRO, CPA'S
Plan history3
Yearassets · accounts · employer contribution
2024$38.0M · 574 accts · $5.4M emplr
2023$32.2M · 565 accts · $4.0M emplr
2022$25.2M · 497 accts · $2.5M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$124,183
Total administrative$124,183
The American Incorporated 401(k) match · 2024
Employer contribution per active participant$8,508
Median for plans this size$2,416
2024$8,508 per active participant
2023$6,781 per active participant
2022$4,480 per active participant

American Incorporated'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 · 20242
RPA FINANCIAL LLC · Investment advisory (plan)$63,947

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$124,183 · 0.35%
2023$102,119 · 0.36%
2022$97,568 · 0.37%
Same employer
Similar plansConstruction · California
Blach Construction Company CA$38.8M · 0.32%
The Don Chapin Co., Inc. CA$38.6M · 0.28%
Vellutini Corporation CA$38.1M · 0.28%
Vortex Industries, LLC CA$37.4M · 0.37%
The Arcticom Group, LLC CA$36.4M · 0.49%

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Source: U.S. Department of Labor, Form 5500 series, EIN 942233668 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.