Plan Ledger DOL Form 5500 · updated monthly

City Ventures Communities, LLC401(k)

CITY VENTURES COMMUNITIES, LLC 401(K) PLAN · IRVINE, CA · plan year 2024

Reported admin expense ratio · 2024
0.35%

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

City Ventures Communities, LLC reported $57,140 in plan administrative expenses for 2024: 0.35% of average plan assets, above the peer median. Employer contributions averaged $7,263 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 fell from 0.44% to 0.35%. 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 3,906th-largest of 9,483 plans among California employers on file, and the 2,180th of 5,337 in construction. In 2024, employees put in $1.49 for every $1.00 the employer contributed; active participation has grown from 104 to 125 since 2022.

Plan summary
Net assets, end of year$17,998,237
Participants with balances174
Active participants125
Employer contributions$907,846
Employee contributions$1,355,700
Employer contribution per active participant$7,263
Average account balance$103,438
Benefits paid to participants$1,480,285
Plan auditUnmodified (clean) audit opinion
AuditorTALLEY, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$18.0M · 174 accts · $908K emplr
2023$15.0M · 150 accts · $737K emplr
2022$11.7M · 143 accts · $1.5M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$57,140
Total administrative$57,140
The City Ventures Communities, LLC 401(k) match · 2024
Employer contribution per active participant$7,263
Median for plans this size$2,416
2024$7,263 per active participant
2023$6,303 per active participant
2022$14,039 per active participant

City Ventures Communities, LLC'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
MORGAN STANLEY GLOBAL · Investment advisory (plan)$31,148
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$22,622
CENTRAL ADMINISTRATIVE SERVICES INC · Contract administrator · Other services$3,400
WILSHIRE ADVISORS LLC · 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$57,140 · 0.35%
2023$43,026 · 0.32%
2022$52,746 · 0.44%
Similar plansConstruction · California
Centric Construction, Inc. CA$18.6M · 0.68%
Ampam Parks Mechanical,Inc. CA$17.5M · 0.17%
Mge Underground, Inc. CA$17.5M · 0.42%

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Source: U.S. Department of Labor, Form 5500 series, EIN 900609362 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.