Plan Ledger DOL Form 5500 · updated monthly

Cupertino Electric, Inc.401(k)

CUPERTINO ELECTRIC, INC. PROFIT SHARING AND 401(K) PLAN · SAN JOSE, CA · plan year 2023

Reported admin expense ratio · 2023
0.07%

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

Cupertino Electric, Inc. reported $67,619 in plan administrative expenses for 2023: 0.07% of average plan assets, below the peer median. Employer contributions averaged $4,568 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 1 year on file its reported administrative ratio fell from 0.10% to 0.07%. The plan sits in the $50M–$250M size bracket, benchmarked here against 9,317 comparable plans and shown alongside other construction employers. By assets it is the 942nd-largest of 9,483 plans among California employers on file, and the 585th of 5,337 in construction. In 2023, employees put in $2.42 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$107,104,585
Participants with balances1,047
Active participants817
Employer contributions$3,731,708
Employee contributions$9,035,453
Employer contribution per active participant$4,568
Average account balance$102,297
Benefits paid to participants$9,094,565
Plan auditUnmodified (clean) audit opinion
AuditorJOHANSON & YAU
Plan history2
Yearassets · accounts · employer contribution
2023$107.1M · 1,047 accts · $3.7M emplr
2022$86.3M · 726 accts · $3.3M emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$63,194
Audit (IQPA)$4,425
Total administrative$67,619
The Cupertino Electric, Inc. 401(k) match · 2023
Employer contribution per active participant$4,568
Median for plans this size$3,659
2023$4,568 per active participant
2022$4,231 per active participant

Cupertino Electric, Inc.'s 2023 employer contribution ran above the $3,659 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20231
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$63,293

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

Administrative cost history2
2023$67,619 · 0.07%
2022$95,243 · 0.10%
Same employer
Similar plansConstruction · California
Walters & Wolf Glass Company CA$127.0M · 0.15%
Solv Energy, LLC CA$114.0M · 0.22%
Lyles Diversified, Inc. CA$111.0M · 0.17%
Oltmans Companies CA$92.8M · 0.28%
Pslq, Inc. dba Greenbee CA$92.4M · 0.00%

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Source: U.S. Department of Labor, Form 5500 series, EIN 941403967 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.