Plan Ledger DOL Form 5500 · updated monthly

First AlarmESOP

FIRST ALARM EMPLOYEE STOCK OWNERSHIP PLAN AND TRUST · APTOS, CA · plan year 2023

Reported admin expense ratio · 2023
2.23%

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

First Alarm reported $40,508 in plan administrative expenses for 2023: 2.23% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,919 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 4.44% to 1.22%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other administrative & support services employers. By assets it is among the smaller plans on file in California (8,353rd of 9,483), and 1,969th of 2,534 in administrative & support services.

Plan summary
Net assets, end of year$1,890,458
Participants with balances184
Active participants114
Employer contributions$218,760
Employee contributions—
Employer contribution per active participant$1,919
Average account balance$10,274
Benefits paid to participants$178,289
Plan auditUnmodified (clean) audit opinion
AuditorHUTCHINSON & BLOODGOOD LLP
Plan history3
Yearassets · accounts · employer contribution
2024$1.6M · 174 accts · $305K emplr
2023$1.9M · 184 accts · $219K emplr
2022$1.7M · 194 accts · $215K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$23,168
Audit (IQPA)$16,500
Total administrative$40,508
Employer contributions to the First Alarm plan · 2023
Employer contribution per active participant$1,919
Median for plans this size$1,308
2024$2,631 per active participant
2023$1,919 per active participant
2022$1,951 per active participant

First Alarm's 2023 employer contribution ran above the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20233
ESOP PARTNERS · Plan administrator · Recordkeeping$19,598
HUTCHINSON AND BLOODGOOD LLP · Accounting / audit$16,500
PENCHECKSindirect comp

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

Recordkeeper by year2
2024ESOP PARTNERS
2023ESOP PARTNERS

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

Administrative cost history3
2024$21,435 · 1.22%
2023$40,508 · 2.23%
2022$85,129 · 4.44%
All plans at this employer2
FIRST ALARM 401(K) PROFIT SHARING PLAN401(k)
FIRST ALARM EMPLOYEE STOCK OWNERSHIP PLAN AND TRUSTESOP
Same employer
Similar plansAdministrative & Support Services · California
Executive Landscape, Inc. CA$2.1M · 0.82%
So Cal Sanitation LLC CA$1.8M · 0.82%
Elevated Resources Inc CA$1.8M · 0.72%

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Source: U.S. Department of Labor, Form 5500 series, EIN 942882805 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.