Plan Ledger DOL Form 5500 · updated monthly

California Marine Cleaning401(k)

CALIFORNIA MARINE CLEANING 401(K) PROFIT SHARING PLAN · SAN DIEGO, CA · plan year 2024

Reported admin expense ratio · 2024
0.56%

California Marine Cleaning reported $13,385 in plan administrative expenses for 2024: 0.56% of average plan assets, above the peer median. 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 rose from 0.49% to 0.56%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other other services employers. By assets it is among the smaller plans on file in California (7,997th of 9,483), and 2,727th of 3,341 in other services.

Plan summary
Net assets, end of year$2,689,693
Participants with balances196
Active participants215
Employer contributions—
Employee contributions$396,275
Employer contribution per active participant—
Average account balance$13,723
Benefits paid to participants$55,437
Plan auditUnmodified (clean) audit opinion
AuditorCONSIDINE & CONSIDINE
Plan history2
Yearassets · accounts · employer contribution
2024$2.7M · 196 accts
2022$1.6M · 80 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$1,940
Investment management$11,445
Total administrative$13,385
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 · 20242
WEDBUSH SECURITIES INC. · Recordkeeping · Trustee$11,444
ADP, INC. · Loan processing · Recordkeeping$1,940

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

Administrative cost history2
2024$13,385 · 0.56%
2022$7,599 · 0.49%
Similar plansOther Services · California
Nations Finest CA$2.8M · 0.62%
Clare Matrix CA$2.7M · 0.24%
Douglas Parking, LLC CA$2.7M · 1.37%

Why are you looking at this plan?

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Source: U.S. Department of Labor, Form 5500 series, EIN 330150041 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.