Plan Ledger DOL Form 5500 · updated monthly

Danco Builders401(k)

DANCO BUILDERS 401(K) PLAN · ARCATA, CA · plan year 2024

Reported admin expense ratio · 2024
0.26%

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

Danco Builders reported $21,317 in plan administrative expenses for 2024: 0.26% of average plan assets, below the peer median. Employer contributions averaged $5,156 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 rose from 0.04% to 0.26%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in California (5,775th of 9,483), and 3,262nd of 5,337 in construction. In 2024, the employer put in $2.51 for every $1.00 employees contributed themselves; active participation has grown from 141 to 185 since 2022.

Plan summary
Net assets, end of year$8,870,853
Participants with balances225
Active participants185
Employer contributions$953,822
Employee contributions$380,251
Employer contribution per active participant$5,156
Average account balance$39,426
Benefits paid to participants$882,042
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$8.9M · 225 accts · $954K emplr
2023$7.5M · 225 accts · $1.7M emplr
2022$4.9M · 186 accts · $378K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$4,830
Investment management$16,487
Total administrative$21,317
The Danco Builders 401(k) match · 2024
Employer contribution per active participant$5,156
Median for plans this size$1,313
2024$5,156 per active participant
2023$8,899 per active participant
2022$2,681 per active participant

Danco Builders's 2024 employer contribution ran above the $1,313 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 · 20242
AMERITAS LIFE INSURANCE CORP · Recordkeeping$4,830
KINGSVIEW WEALTH MANAGEMENT · Investment advisory (plan)$16,487

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

Recordkeeper by year2
2024Ameritas
2023Ameritas

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$21,317 · 0.26%
2023$4,522 · 0.07%
2022$2,093 · 0.04%
Similar plansConstruction · California
Linc Housing Corporation CA$9.2M · 0.40%
Homesite Services, Inc. CA$8.9M · 0.77%
Dow Hydraulic Systems CA$8.8M · 0.19%
Freedom Forever LLC CA$8.8M · 1.01%
Park Ventures, LLC CA$8.8M · 0.70%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 680106772 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.