Plan Ledger DOL Form 5500 · updated monthly

Employers Resource401(k)

EMPLOYERS RESOURCE 401(K) PLAN · SAN MARCOS, CA · plan year 2024

Reported admin expense ratio · 2024
1.12%

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

Employers Resource reported $198,436 in plan administrative expenses for 2024: 1.12% of average plan assets, higher than ~90% of peers. Employer contributions averaged $445 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 0.96% to 1.12%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 3,723rd-largest of 9,483 plans among California employers on file, and the 5,683rd of 11,654 in professional & technical services. In 2024, employees put in $4.14 for every $1.00 the employer contributed; active participation has grown from 680 to 920 since 2022.

Plan summary
Net assets, end of year$19,322,942
Participants with balances242
Active participants920
Employer contributions$409,660
Employee contributions$1,695,391
Employer contribution per active participant$445
Average account balance$79,847
Benefits paid to participants$1,211,998
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$19.3M · 242 accts · $410K emplr
2023$16.0M · 246 accts · $352K emplr
2022$13.2M · 246 accts · $358K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$114,575
Investment management$43,861
Audit (IQPA)$40,000
Total administrative$198,436
The Employers Resource 401(k) match · 2024
Employer contribution per active participant$445
Median for plans this size$2,416
2024$445 per active participant
2023$615 per active participant
2022$526 per active participant

Employers Resource's 2024 employer contribution ran below the $2,416 median for plans its size, in the bottom 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
TRANSAMERICA FINANCIAL LIFE INS CO · Recordkeeping · Loan processing$114,575
NFP RETIREMENT INC · Investment advisory (plan)$43,861
FARBER HASS HURLEY LLP · Accounting / audit$40,000

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

Recordkeeper by year2
2024Transamerica
2023Transamerica

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$198,436 · 1.12%
2023$143,120 · 0.98%
2022$134,677 · 0.96%
Similar plansProfessional & Technical Services · California
Mirantis, Inc. CA$19.7M · 0.05%
Mineral, Inc. CA$19.6M · 0.01%
Bay Area Legal Aid CA$19.5M · 0.01%
Blue Matter Consulting CA$19.4M · 0.13%
Gafcon, Inc. CA$19.3M · 0.01%
Tomra Sorting, Inc. CA$19.3M · 0.02%
Hackerone Inc. CA$19.3M · 0.07%
Arsenal Biosciences Inc. CA$19.2M · 0.08%

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Source: U.S. Department of Labor, Form 5500 series, EIN 330688056 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.