Plan Ledger DOL Form 5500 · updated monthly

Cirks Construction, Inc.401(k)

CIRKS CONSTRUCTION, INC. 401(K) PLAN · ORANGE, CA · plan year 2024

Reported admin expense ratio · 2024
0.92%

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

Cirks Construction, Inc. reported $101,737 in plan administrative expenses for 2024: 0.92% of average plan assets, higher than ~90% of peers. Employer contributions averaged $568 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 0.92%. 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 among the smaller plans on file in California (4,990th of 9,483), and 2,821st of 5,337 in construction. In 2024, employees put in $5.93 for every $1.00 the employer contributed; active participation has grown from 288 to 375 since 2022.

Plan summary
Net assets, end of year$11,917,856
Participants with balances206
Active participants375
Employer contributions$212,989
Employee contributions$1,263,647
Employer contribution per active participant$568
Average account balance$57,854
Benefits paid to participants$930,016
Plan auditUnmodified (clean) audit opinion
AuditorPOLLARO & ASSOCIATES
Plan history3
Yearassets · accounts · employer contribution
2024$11.9M · 206 accts · $213K emplr
2023$10.1M · 180 accts · $181K emplr
2022$7.8M · 179 accts · $166K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$101,737
Total administrative$101,737
The Cirks Construction, Inc. 401(k) match · 2024
Employer contribution per active participant$568
Median for plans this size$2,416
2024$568 per active participant
2023$547 per active participant
2022$577 per active participant

Cirks Construction, Inc.'s 2024 employer contribution ran below the $2,416 median for plans its size, in the bottom 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 · 20246
WORLD INV ADVISORS LLC · Investment advisory (plan)$40,520
COTA STREET INVESTMENT MANAGEMENT · Investment management$14,464
ASCENSUS HOLDINGS INC DBA · Contract administrator$10,091
POLLARO & ASSOCIATES · Accounting / audit$9,600
ACTUARIAL BENEFITS CORP · Contract administrator$1,919

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$101,737 · 0.92%
2023$83,161 · 0.93%
2022$80,663 · 0.93%
Same employer
Similar plansConstruction · California
Laser Electric, Inc. CA$12.2M · 0.35%
Cvc Holding Corp. CA$12.1M · 1.18%
Brady Company California CA$12.0M · 0.31%
Land Mark Electric, Inc. CA$12.0M · 0.48%
Air Control Systems, Inc. CA$11.7M · 0.63%

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Source: U.S. Department of Labor, Form 5500 series, EIN 330803265 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.