Plan Ledger DOL Form 5500 · updated monthly

Foothill Fire Protection Inc401(k)

FOOTHILL FIRE PROTECTION 401K PLAN · LOOMIS, CA · plan year 2024

Reported admin expense ratio · 2024
1.02%

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

Foothill Fire Protection Inc reported $67,145 in plan administrative expenses for 2024: 1.02% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,745 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 0.76% to 1.02%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in California (6,425th of 9,483), and 3,629th of 5,337 in construction. In 2024, employees put in $2.52 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$6,732,355
Participants with balances168
Active participants160
Employer contributions$279,207
Employee contributions$704,450
Employer contribution per active participant$1,745
Average account balance$40,074
Benefits paid to participants$1,551,251
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$6.7M · 168 accts · $279K emplr
2023$6.4M · 175 accts · $319K emplr
2022$5.4M · 184 accts · $347K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$4,882
Investment management$54,013
Audit (IQPA)$8,250
Total administrative$67,145
The Foothill Fire Protection Inc 401(k) match · 2024
Employer contribution per active participant$1,745
Median for plans this size$1,313
2024$1,745 per active participant
2023$2,019 per active participant
2022$2,300 per active participant

Foothill Fire Protection Inc's 2024 employer contribution ran above 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
JOHN HANCOCK LIFE INSURANCE CO · Recordkeeping · Investment management$4,777
LEE CPA AUDIT GROUP · Accounting / audit$8,250

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

Recordkeeper by year2
2024John Hancock
2023John Hancock

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

Administrative cost history3
2024$67,145 · 1.02%
2023$66,731 · 1.14%
2022$41,325 · 0.76%
Same employer
Similar plansConstruction · California
J.W. Floor Covering, Inc. CA$7.0M · 0.73%
S.C. Anderson, Inc. CA$6.8M · 0.98%
Lonestar Construction CA$6.8M · 1.96%
Meyers Constructors, Inc. CA$6.6M · 0.64%
E. Turman & Company, Inc. CA$6.5M · 0.40%
T.B. Penick & Sons, Inc. CA$6.4M · 0.74%

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Source: U.S. Department of Labor, Form 5500 series, EIN 680451213 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.