Plan Ledger DOL Form 5500 · updated monthly

Electronic Recyclers International, Inc.401(k)

ERI 401(K) PLAN · FRESNO, CA · plan year 2024

Reported admin expense ratio · 2024
0.34%

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

Electronic Recyclers International, Inc. reported $22,126 in plan administrative expenses for 2024: 0.34% of average plan assets, below the peer median. Employer contributions averaged $1,030 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 0.49% to 0.34%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other administrative & support services employers. By assets it is among the smaller plans on file in California (6,230th of 9,483), and the 1,198th of 2,534 in administrative & support services. In 2024, employees put in $1.57 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$7,360,986
Participants with balances252
Active participants477
Employer contributions$491,257
Employee contributions$772,054
Employer contribution per active participant$1,030
Average account balance$29,210
Benefits paid to participants$455,104
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$7.4M · 252 accts · $491K emplr
2023$5.8M · 269 accts · $476K emplr
2022$4.0M · 248 accts · $419K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$22,126
Total administrative$22,126
The Electronic Recyclers International, Inc. 401(k) match · 2024
Employer contribution per active participant$1,030
Median for plans this size$1,313
2024$1,030 per active participant
2023$980 per active participant
2022$852 per active participant

Electronic Recyclers International, 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 · 20242
NEXUS ADMINISTRATORS, INC. · Plan administrator · Recordkeeping$8,817
JOHN HANCOCK LIFE INSURANCE CO · Recordkeeping · Investment management$4,132

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$22,126 · 0.34%
2023$19,490 · 0.40%
2022$18,924 · 0.49%
Similar plansAdministrative & Support Services · California
My Secure Advantage CA$7.4M · 0.58%
Siteworks Landscape, Inc. CA$7.3M · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 204642525 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.