Plan Ledger DOL Form 5500 · updated monthly

California Payroll Group401(k)

CALIFORNIA PAYROLL GROUP 401(K) PLAN · AGOURA HILLS, CA · plan year 2024

Reported admin expense ratio · 2024
0.41%

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

California Payroll Group reported $30,268 in plan administrative expenses for 2024: 0.41% of average plan assets, below the peer median. Employer contributions averaged $995 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 rose from 0.34% to 0.41%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other administrative & support services employers. By assets it is among the smaller plans on file in California (5,972nd of 9,483), and the 1,132nd of 2,534 in administrative & support services. In 2024, employees put in $2.44 for every $1.00 the employer contributed; active participation has grown from 258 to 296 since 2022.

Plan summary
Net assets, end of year$8,119,913
Participants with balances537
Active participants296
Employer contributions$294,449
Employee contributions$719,320
Employer contribution per active participant$995
Average account balance$15,121
Benefits paid to participants$444,350
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$8.1M · 537 accts · $294K emplr
2023$6.8M · 505 accts · $247K emplr
2022$5.2M · 444 accts · $236K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$27,428
Investment management$2,840
Total administrative$30,268
The California Payroll Group 401(k) match · 2024
Employer contribution per active participant$995
Median for plans this size$1,313
2024$995 per active participant
2023$911 per active participant
2022$913 per active participant

California Payroll Group's 2024 employer contribution ran below the $1,313 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 · 20242
TRI-AD ACTUARIES, INC. · Contract administrator · Recordkeeping$27,428
CHARLES SCHWAB & CO., INC. · Investment managementindirect comp

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

Recordkeeper by year2
2024TRI-AD ACTUARIES, INC.
2023TRI-AD ACTUARIES, INC.

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Administrative cost history3
2024$30,268 · 0.41%
2023$22,419 · 0.37%
2022$18,628 · 0.34%
Similar plansAdministrative & Support Services · California
Billfloat, Inc. CA$9.0M · 0.45%
Mid Valley Disposal, Inc. CA$8.9M · 0.33%
Vivant Health LLC CA$8.2M · 0.54%
Medely, Inc. CA$8.0M · 1.13%
Rev Agency, LLC CA$7.9M · 0.20%
Inconen Corporation CA$7.6M · 0.04%

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Source: U.S. Department of Labor, Form 5500 series, EIN 462561662 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.