Plan Ledger DOL Form 5500 · updated monthly

Clark Pacific401(k)

CLARK PACIFIC 401(K) PLAN · WEST SACRAMENTO, CA · plan year 2024

Reported admin expense ratio · 2024
0.38%

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

Clark Pacific reported $204,550 in plan administrative expenses for 2024: 0.38% of average plan assets, higher than ~90% of peers. Employer contributions averaged $3,678 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 0.38%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other construction employers. By assets it is the 1,582nd-largest of 9,483 plans among California employers on file, and the 943rd of 5,337 in construction. In 2024, employees put in $2.53 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$57,762,918
Participants with balances481
Active participants332
Employer contributions$1,221,251
Employee contributions$3,085,181
Employer contribution per active participant$3,678
Average account balance$120,089
Benefits paid to participants$3,833,681
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$57.8M · 481 accts · $1.2M emplr
2023$51.0M · 320 accts · $1.5M emplr
2022$44.0M · 502 accts · $1.5M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$82,920
Investment management$121,630
Total administrative$204,550
The Clark Pacific 401(k) match · 2024
Employer contribution per active participant$3,678
Median for plans this size$3,635
2024$3,678 per active participant
2023$5,689 per active participant
2022$4,218 per active participant

Clark Pacific's 2024 employer contribution ran above the $3,635 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
CAPFINANCIAL PARTNERS LLC DBA · Investment advisory (plan)$121,630

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$204,550 · 0.38%
2023$116,482 · 0.25%
2022$175,776 · 0.36%
All plans at this employer2
CLARK PACIFIC 401(K) PLAN401(k)
CLARK PACIFIC UNION 401(K) PLAN401(k)
Same employer
Similar plansConstruction · California
Plant/Allison Corporation CA$60.3M · 0.11%
Reed Family Companies CA$60.1M · 0.35%
Bernards Bros. Inc. CA$58.6M · 0.03%
Truebeck Construction, Inc. CA$58.4M · 0.10%
Severson Group, Inc. CA$57.7M · 0.00%
Glacier Northwest, Inc. CA$56.2M · 0.10%
Ks Industries, LP CA$54.9M · 0.51%
Cosco Fire Protection, Inc. CA$54.7M · 0.13%

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Source: U.S. Department of Labor, Form 5500 series, EIN 680262848 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.