Plan Ledger DOL Form 5500 · updated monthly

Electronic Waveform Lab, Inc.401(k)

ELECTRONIC WAVEFORM LAB, INC. 401(K) PLAN · HUNTINGTON BEACH, CA · plan year 2024

Reported admin expense ratio · 2024
0.06%

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

Electronic Waveform Lab, Inc. reported $14,224 in plan administrative expenses for 2024: 0.06% of average plan assets, lower than ~75% of peers. Employer contributions averaged $4,261 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 0.06%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 2,944th-largest of 9,483 plans among California employers on file, and the 4,915th of 13,661 in manufacturing. In 2024, employees put in $1.38 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$26,535,246
Participants with balances217
Active participants170
Employer contributions$724,298
Employee contributions$996,799
Employer contribution per active participant$4,261
Average account balance$122,282
Benefits paid to participants$676,362
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$26.5M · 217 accts · $724K emplr
2023$22.4M · 175 accts · $684K emplr
2022$18.8M · 177 accts · $626K emplr
Administrative expenses, itemized · 2024
Investment management$14,224
Total administrative$14,224
The Electronic Waveform Lab, Inc. 401(k) match · 2024
Employer contribution per active participant$4,261
Median for plans this size$2,416
2024$4,261 per active participant
2023$4,001 per active participant
2022$3,937 per active participant

Electronic Waveform Lab, Inc.'s 2024 employer contribution ran above the $2,416 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
VOYA RETIREMENT INSURANCE ANNUITY C · Investment advisory (participants)$14,224
TRUOG-RYDING COMPANY INC. · Other servicesindirect comp
VOYA RETIREMENT INS AND ANNUITY · 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$14,224 · 0.06%
2023$8,738 · 0.04%
2022$8,147 · 0.04%
Same employer
Similar plansManufacturing · California
Flory Industries, Inc. CA$26.9M · 0.37%
Screenbeam Inc. CA$26.9M · 0.04%
Storm Industries, Inc. CA$26.8M · 0.32%

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Source: U.S. Department of Labor, Form 5500 series, EIN 953730701 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.