Plan Ledger DOL Form 5500 · updated monthly

Cass Construction, Inc.401(k)

CASS ARRIETA 401(K) PLAN · EL CAJON, CA · plan year 2024

Reported admin expense ratio · 2024
0.69%

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

Cass Construction, Inc. reported $119,427 in plan administrative expenses for 2024: 0.69% of average plan assets, higher than ~90% of peers. Employer contributions averaged $12,701 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 0.69%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other construction employers. By assets it is the 3,750th-largest of 9,483 plans among California employers on file, and the 2,089th of 5,337 in construction. In 2024, the employer put in $3.21 for every $1.00 employees contributed themselves; active participation has grown from 142 to 182 since 2022.

Plan summary
Net assets, end of year$19,155,791
Participants with balances225
Active participants182
Employer contributions$2,311,533
Employee contributions$719,198
Employer contribution per active participant$12,701
Average account balance$85,137
Benefits paid to participants$1,083,478
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$19.2M · 225 accts · $2.3M emplr
2023$15.3M · 232 accts · $1.8M emplr
2022$11.8M · 198 accts · $1.4M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$108,677
Audit (IQPA)$10,750
Total administrative$119,427
The Cass Construction, Inc. 401(k) match · 2024
Employer contribution per active participant$12,701
Median for plans this size$2,416
2024$12,701 per active participant
2023$9,732 per active participant
2022$9,796 per active participant

Cass Construction, Inc.'s 2024 employer contribution ran above the $2,416 median for plans its size, placing it in the top 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 · 20244
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$78,782
LATITUDE SERVICE COMPANY · Contract administrator · Other services$29,894
ALDRICH CPAS AND ADVISOR · Accounting / audit$10,750
ALLWORTH FINANCIAL · Investment advisory (plan)indirect comp

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

Administrative cost history3
2024$119,427 · 0.69%
2023$72,566 · 0.54%
2022$90,930 · 0.72%
Same employer
Similar plansConstruction · California
Dfs Flooring, Inc. CA$19.7M · 0.41%
Centric Construction, Inc. CA$18.6M · 0.68%

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Source: U.S. Department of Labor, Form 5500 series, EIN 952904966 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.