Plan Ledger DOL Form 5500 · updated monthly

American Security Products Company401(k)

AMERICAN SECURITY PRODUCTS COMPANY 401(K) PLAN · FONTANA, CA · plan year 2024

Reported admin expense ratio · 2024
0.03%

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

American Security Products Company reported $3,517 in plan administrative expenses for 2024: 0.03% of average plan assets, lower than ~75% of peers. Employer contributions averaged $869 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 3 years on file its reported administrative ratio has held roughly steady near 0.032%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in California (5,089th of 9,483), and 8,198th of 13,661 in manufacturing. In 2024, employees put in $4.50 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$11,455,903
Participants with balances268
Active participants185
Employer contributions$160,749
Employee contributions$723,572
Employer contribution per active participant$869
Average account balance$42,746
Benefits paid to participants$1,030,853
Plan auditUnmodified (clean) audit opinion
AuditorFRAZER, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$11.5M · 268 accts · $161K emplr
2023$10.3M · 264 accts · $147K emplr
2022$8.4M · 244 accts · $140K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$3,517
Total administrative$3,517
The American Security Products Company 401(k) match · 2024
Employer contribution per active participant$869
Median for plans this size$2,416
2024$869 per active participant
2023$733 per active participant
2022$727 per active participant

American Security Products Company's 2024 employer contribution ran below the $2,416 median for plans its size, in the bottom 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
JOHN HANCOCK USA · Recordkeeping · Investment management$916

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

Recordkeeper by year2
2024John Hancock
2023John Hancock

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

Administrative cost history3
2024$3,517 · 0.03%
2023$3,395 · 0.04%
2022$3,036 · 0.03%
Same employer
Similar plansManufacturing · California
Alivecor, Inc. CA$11.6M · 0.03%
Rtc Aerospace CA$11.5M · 0.63%
Tst, Inc CA$11.5M · 0.65%
Foodstate, Inc. CA$11.5M · 0.41%
Sierrathermal, Inc. CA$11.4M · 0.02%
Acutus Medical, Inc. CA$11.4M · 0.21%

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Source: U.S. Department of Labor, Form 5500 series, EIN 953795795 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.