Plan Ledger DOL Form 5500 · updated monthly

Discount Plumbing & Heating401(k)

DISCOUNT PLUMBING & HEATING 401K & PROFIT SHARING PLAN · BURLINGAME, CA · plan year 2024

Reported admin expense ratio · 2024
0.13%

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

Discount Plumbing & Heating reported $3,508 in plan administrative expenses for 2024: 0.13% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,064 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 has held roughly steady near 0.129%. 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 (7,780th of 9,483), and 4,496th of 5,337 in construction. In 2024, employees put in $2.26 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$3,122,315
Participants with balances124
Active participants94
Employer contributions$194,040
Employee contributions$438,963
Employer contribution per active participant$2,064
Average account balance$25,180
Benefits paid to participants$92,117
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2024$3.1M · 124 accts · $194K emplr
2023$2.3M · 123 accts · $198K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$3,508
Total administrative$3,508
The Discount Plumbing & Heating 401(k) match · 2024
Employer contribution per active participant$2,064
Median for plans this size$1,313
2024$2,064 per active participant
2023$2,276 per active participant

Discount Plumbing & Heating's 2024 employer contribution ran above 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 · 20242
ADP, INC. · Loan processing · Recordkeeping$3,508
ADP BROKER-DEALER · Other servicesindirect comp

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

Recordkeeper by year2
2024ADP
2023ADP

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

Administrative cost history2
2024$3,508 · 0.13%
2023$2,535 · 0.13%
Similar plansConstruction · California
Circle M Contractors Inc. CA$3.3M · 0.97%
Kernen Construction CA$3.1M · 1.55%
Veev Operations, LLC CA$3.0M · 0.51%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 943385270 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.