Plan Ledger DOL Form 5500 · updated monthly

Ekn Employment Corporation D/B/A Ekn Engineering401(k)

EKN 401(K) PLAN · IRVINE, CA · plan year 2024

Reported admin expense ratio · 2024
1.22%

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

Ekn Employment Corporation D/B/A Ekn Engineering reported $7,685 in plan administrative expenses for 2024: 1.22% of average plan assets, above the peer median. Employer contributions averaged $955 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.

The plan sits in the under $1M size bracket, benchmarked here against 1,109 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in California (9,008th of 9,483), and 11,383rd of 11,654 in professional & technical services. In 2024, employees put in $3.10 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$628,682
Participants with balances132
Active participants154
Employer contributions$147,110
Employee contributions$455,859
Employer contribution per active participant$955
Average account balance$4,763
Benefits paid to participants$37,316
Plan auditUnmodified (clean) audit opinion
AuditorLSL LLP
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$6,893
Investment management$792
Total administrative$7,685
The Ekn Employment Corporation D/B/A Ekn Engineering 401(k) match · 2024
Employer contribution per active participant$955
Median for plans this size$540

Ekn Employment Corporation D/B/A Ekn Engineering's 2024 employer contribution ran above the $540 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
VESTWELL · Contract administrator · Investment advisory (plan)$7,685

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

Administrative cost history1
2024$7,685 · 1.22%
Same employer
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Why are you looking at this plan?

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Source: U.S. Department of Labor, Form 5500 series, EIN 921317591 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.