Plan Ledger DOL Form 5500 · updated monthly

Board of Trustees, Cement Masons Southern CaliforniaMoney purchase plan

CEMENT MASONS SOUTHERN CALIFORNIA INDIVIDUAL RETIREMENT ACCOUNT DEFINED CONTRIBUTION TRUST · ARCADIA, CA · plan year 2024

Reported admin expense ratio · 2024
0.56%

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

Board of Trustees, Cement Masons Southern California reported $1,181,070 in plan administrative expenses for 2024: 0.56% of average plan assets, higher than ~90% of peers. Employer contributions averaged $2,105 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 0.64% to 0.56%. 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 525th-largest of 9,483 plans among California employers on file, and the 301st of 5,337 in construction.

Plan summary
Net assets, end of year$223,486,857
Participants with balances6,234
Active participants5,831
Employer contributions$12,271,542
Employee contributions—
Employer contribution per active participant$2,105
Average account balance$35,850
Benefits paid to participants$10,318,571
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$223.5M · 6,234 accts · $12.3M emplr
2023$201.2M · 6,046 accts · $11.6M emplr
2022$171.3M · 5,883 accts · $11.7M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$201,809
Investment management$861,384
Audit (IQPA)$20,300
Trustee / custodial$4,054
Total administrative$1,181,070
Employer contributions to the Board of Trustees, Cement Masons Southern California plan · 2024
Employer contribution per active participant$2,105
Median for plans this size$3,635
2024$2,105 per active participant
2023$2,086 per active participant
2022$2,158 per active participant

Board of Trustees, Cement Masons Southern California's 2024 employer contribution ran below 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 · 20245
MILLIMAN · Recordkeeping · Loan processing$359,422
ZENITH AMERICAN SOLUTIONS · Accounting / audit · Contract administrator$201,809
VERUS · Investment advisory (plan)$127,746
WOHLNER, KAPLON, CUTLER, HALFORD & · Legal$38,320
MILLER KAPLAN ARASE LLP · Accounting / audit$20,300

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

Recordkeeper by year2
2024Milliman, ZENITH AMERICAN SOLUTIONS
2023Milliman, ZENITH AMERICAN SOLUTIONS

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

Administrative cost history3
2024$1,181,070 · 0.56%
2023$1,199,030 · 0.64%
2022$1,194,481 · 0.64%
Similar plansConstruction · California
Teichert, Inc. CA$236.4M · 0.06%
Legence Holdings LLC CA$216.8M · 0.02%
Southland Industries CA$211.8M · 0.23%

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Source: U.S. Department of Labor, Form 5500 series, EIN 953697340 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.