Plan Ledger DOL Form 5500 · updated monthly

California Industrial Rubber Co., Inc.401(k)

CALIFORNIA INDUSTRIAL RUBBER CO., INC. 401(K) PROFIT SHARING PLAN · FRESNO, CA · plan year 2024

Reported admin expense ratio · 2024
0.83%

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

California Industrial Rubber Co., Inc. reported $127,073 in plan administrative expenses for 2024: 0.83% of average plan assets, higher than ~90% of peers. Employer contributions averaged $2,563 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 0.83%. 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 the 4,263rd-largest of 9,483 plans among California employers on file, and 6,866th of 13,661 in manufacturing. In 2024, employees put in $1.40 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$15,786,895
Participants with balances154
Active participants122
Employer contributions$312,691
Employee contributions$436,699
Employer contribution per active participant$2,563
Average account balance$102,512
Benefits paid to participants$1,634,101
Plan auditUnmodified (clean) audit opinion
AuditorHILLS, RENAUT, HOMEN & HUGHES
Plan history3
Yearassets · accounts · employer contribution
2024$15.8M · 154 accts · $313K emplr
2023$14.8M · 145 accts · $306K emplr
2022$14.0M · $314K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$117,023
Total administrative$127,073
The California Industrial Rubber Co., Inc. 401(k) match · 2024
Employer contribution per active participant$2,563
Median for plans this size$2,416
2024$2,563 per active participant
2023$2,592 per active participant
2022$2,703 per active participant

California Industrial Rubber Co., Inc.'s 2024 employer contribution ran above the $2,416 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
NEWPORT GROUP · Contract administrator · Recordkeeping$6,415
MORGAN STANLEY SMITH BARNEY · Custodial (securities) · Investment advisory (plan)$108,845
HILLS, RENAUT, HOMEN & HUGHES · Accounting / audit$10,050

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

Recordkeeper by year2
2024Newport (Ascensus)
2023Newport (Ascensus)

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

Administrative cost history3
2024$127,073 · 0.83%
2023$125,846 · 0.87%
2022$121,936 · 0.84%
Same employer
Similar plansManufacturing · California
Advantage Mailing, LLC CA$15.9M · 0.86%
Lahlouh, Inc. CA$15.8M · 0.37%
Calbee America, Inc. CA$15.8M · 0.39%
Spinal Elements, Inc. CA$15.8M · 0.18%
Embee Processing CA$15.7M · 0.10%

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Source: U.S. Department of Labor, Form 5500 series, EIN 941426954 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.