Plan Ledger DOL Form 5500 · updated monthly

Currance Inc401(k)

CURRANCE INC 401(K) PROFIT SHARING PLAN & TRUST · IRVINE, CA · plan year 2024

Reported admin expense ratio · 2024
0.61%

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

Currance Inc reported $9,897 in plan administrative expenses for 2024: 0.61% of average plan assets, above the peer median. Employer contributions averaged $1,153 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 1.16% to 0.61%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in California (8,380th of 9,483), and 10,186th of 11,911 in health care & social assistance. In 2024, employees put in $2.75 for every $1.00 the employer contributed; active participation has grown from 94 to 112 since 2022.

Plan summary
Net assets, end of year$1,839,071
Participants with balances134
Active participants112
Employer contributions$129,114
Employee contributions$355,138
Employer contribution per active participant$1,153
Average account balance$13,724
Benefits paid to participants$305,707
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$1.8M · 134 accts · $129K emplr
2023$1.4M · 152 accts · $140K emplr
2022$845K · 151 accts · $157K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$9,037
Trustee / custodial$860
Total administrative$9,897
The Currance Inc 401(k) match · 2024
Employer contribution per active participant$1,153
Median for plans this size$1,313
2024$1,153 per active participant
2023$1,800 per active participant
2022$1,674 per active participant

Currance Inc's 2024 employer contribution ran below the $1,313 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 · 20241
PAYCHEX, INC. · Recordkeeping$8,744

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$9,897 · 0.61%
2023$5,284 · 0.47%
2022$7,879 · 1.16%
Similar plansHealth Care & Social Assistance · California
Heritage Pointe CA$1.8M · 0.06%
Lorian Home Systems, Inc. CA$1.8M · 0.60%
Desert Arc CA$1.8M · 1.55%
Hughson Samaritan Village CA$1.8M · 1.80%

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Source: U.S. Department of Labor, Form 5500 series, EIN 850795752 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.