Plan Ledger DOL Form 5500 · updated monthly

Bill Howe Plumbing, Inc.401(k)

BILL HOWE PLUMBING, INC. 401(K) PROFIT SHARING PLAN & TRUST · SAN DIEGO, CA · plan year 2024

Reported admin expense ratio · 2024
0.19%

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

Bill Howe Plumbing, Inc. reported $14,654 in plan administrative expenses for 2024: 0.19% of average plan assets, lower than ~75% of peers. Employer contributions averaged $617 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 0.53% to 0.19%. 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 (5,868th of 9,483), and 3,310th of 5,337 in construction. In 2024, employees put in $6.35 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$8,559,429
Participants with balances236
Active participants182
Employer contributions$112,305
Employee contributions$713,293
Employer contribution per active participant$617
Average account balance$36,269
Benefits paid to participants$460,025
Plan auditUnmodified (clean) audit opinion
AuditorLING & BOUMAN CPA'S LLP
Plan history3
Yearassets · accounts · employer contribution
2024$8.6M · 236 accts · $112K emplr
2023$7.1M · 212 accts · $107K emplr
2022$6.1M · 199 accts · $87K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$14,654
Total administrative$14,654
The Bill Howe Plumbing, Inc. 401(k) match · 2024
Employer contribution per active participant$617
Median for plans this size$1,313
2024$617 per active participant
2023$525 per active participant
2022$495 per active participant

Bill Howe Plumbing, Inc.'s 2024 employer contribution ran below the $1,313 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 · 20243
NORTH AMERICAN KTRADE ALLIANCE · Recordkeeping$21,297
WILSEY ASSET MANAGEMENT · Investment advisory (plan)$48,396
NATIONAL BENEFIT SERVICES · Contract administrator · Pension consulting$19,379

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

Recordkeeper by year2
2024NORTH AMERICAN KTRADE ALLIANCE
2023NORTH AMERICAN KTRADE ALLIANCE

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

Administrative cost history3
2024$14,654 · 0.19%
2023$41,897 · 0.64%
2022$32,596 · 0.53%
Same employer
Similar plansConstruction · California
The Grupe Company CA$8.6M · 0.32%
Modern Building, Inc. CA$8.6M · 0.66%
Schilling Paradise Corp. CA$8.2M · 1.39%

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Source: U.S. Department of Labor, Form 5500 series, EIN 330126972 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.