Plan Ledger DOL Form 5500 · updated monthly

Elliott/Drinkward Construction, Inc.401(k)

ELLIOTT/DRINKWARD CONSTRUCTION, INC. 401(K) PROFIT SHARING PLAN · HAWTHORNE, CA · plan year 2023

Reported admin expense ratio · 2023
1.30%

Elliott/Drinkward Construction, Inc. reported $53,580 in plan administrative expenses for 2023: 1.30% of average plan assets, higher than ~90% of peers. 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 1 year on file its reported administrative ratio rose from 1.08% to 1.30%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in California (7,117th of 9,483), and 4,077th of 5,337 in construction.

Plan summary
Net assets, end of year$4,647,089
Participants with balances98
Active participants408
Employer contributions—
Employee contributions$92,543
Employer contribution per active participant—
Average account balance$47,419
Benefits paid to participants$319,131
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2023$4.6M · 98 accts
2022$3.6M · 104 accts · $65 emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$34,361
Investment management$12,363
Audit (IQPA)$6,856
Total administrative$53,580
What these fees cost you

Annual cost at the plan's reported 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20234
JOHN HANCOCK USA · Recordkeeping · Investment management$10,813
PENSION BENEFITS UNLIMITED · Accounting / audit · Pension consulting$22,640
CERITY PARTNERS RETIREMENT · Investment advisory (participants) · Investment advisory (plan)$12,363
HEDMAN PARTNERS LLP · Accounting / audit$6,856

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

Administrative cost history2
2023$53,580 · 1.30%
2022$43,140 · 1.08%
Similar plansConstruction · California
Uci Construction, Inc. CA$4.8M · 0.36%
Red Cow Group LLC CA$4.3M · 0.30%
Sia Engineeringusa Inc. CA$4.3M · 0.46%

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Source: U.S. Department of Labor, Form 5500 series, EIN 330375898 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.