Plan Ledger DOL Form 5500 · updated monthly

Reed Family Companies401(k)

WESTERN REGION RETIREMENT TRUST 401(K) AND REGULAR PROFIT SHARING PLAN · MODESTO, CA · plan year 2024

Reported admin expense ratio · 2024
0.35%

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

Reed Family Companies reported $200,567 in plan administrative expenses for 2024: 0.35% of average plan assets, higher than ~90% of peers. Employer contributions averaged $5,598 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 0.42% to 0.35%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other construction employers. By assets it is the 1,527th-largest of 9,483 plans among California employers on file, and the 920th of 5,337 in construction. In 2024, the employer put in $1.10 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$60,053,093
Participants with balances739
Active participants533
Employer contributions$2,983,866
Employee contributions$2,710,728
Employer contribution per active participant$5,598
Average account balance$81,263
Benefits paid to participants$4,312,807
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$60.1M · 739 accts · $3.0M emplr
2023$53.7M · $2.7M emplr
2022$45.0M · 683 accts · $2.1M emplr
The Reed Family Companies 401(k) match · 2024
Employer contribution per active participant$5,598
Median for plans this size$3,635
2024$5,598 per active participant
2023$5,181 per active participant
2022$3,862 per active participant

Reed Family Companies's 2024 employer contribution ran above the $3,635 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20243
CUTLER INVESTMENT GROUP · Investment advisory (plan)$41,417
PENTEGRA SERVICES, INC. · Contract administrator$8,455

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$200,567 · 0.35%
2023$242,378 · 0.49%
2022$202,247 · 0.42%
Same employer
Similar plansConstruction · California
Plant/Allison Corporation CA$60.3M · 0.11%
Bernards Bros. Inc. CA$58.6M · 0.03%
Truebeck Construction, Inc. CA$58.4M · 0.10%
Clark Pacific CA$57.8M · 0.38%
Severson Group, Inc. CA$57.7M · 0.00%

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Source: U.S. Department of Labor, Form 5500 series, EIN 942208599 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.