Plan Ledger DOL Form 5500 · updated monthly

E.S. Kluft & Company, Inc.401(k)

E.S. KLUFT & COMPANY, INC. 401(K) PLAN · RANCHO CUCAMONGA, CA · plan year 2024

Reported admin expense ratio · 2024
0.56%

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

E.S. Kluft & Company, Inc. reported $47,080 in plan administrative expenses for 2024: 0.56% of average plan assets, above the peer median. Employer contributions averaged $2,378 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 0.50% to 0.56%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in California (5,669th of 9,483), and 9,100th of 13,661 in manufacturing. In 2024, employees put in $1.68 for every $1.00 the employer contributed; active participation has grown from 238 to 273 since 2022.

Plan summary
Net assets, end of year$9,303,784
Participants with balances278
Active participants273
Employer contributions$649,178
Employee contributions$1,093,260
Employer contribution per active participant$2,378
Average account balance$33,467
Benefits paid to participants$855,895
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$9.3M · 278 accts · $649K emplr
2023$7.5M · 269 accts · $588K emplr
2022$5.4M · 235 accts · $537K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$47,080
Total administrative$47,080
The E.S. Kluft & Company, Inc. 401(k) match · 2024
Employer contribution per active participant$2,378
Median for plans this size$1,313
2024$2,378 per active participant
2023$2,229 per active participant
2022$2,257 per active participant

E.S. Kluft & Company, Inc.'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 · 20243
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$47,079
S B H U LIFE AGENCY INC · Other servicesindirect comp
WILSHIRE ADVISORS LLC · Investment advisory (plan)indirect comp

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$47,080 · 0.56%
2023$36,836 · 0.57%
2022$29,711 · 0.50%
Same employer
Similar plansManufacturing · California
Door Components, Inc. CA$9.4M · 0.56%
Poly-Tainer Inc. CA$9.3M · 0.57%
Cakebread Cellars, Inc. CA$9.2M · 0.09%

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Source: U.S. Department of Labor, Form 5500 series, EIN 371733547 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.