Plan Ledger DOL Form 5500 · updated monthly

Fullmer Construction401(k)

FULLMER CONSTRUCTION 401(K) PLAN · ONTARIO, CA · plan year 2024

Reported admin expense ratio · 2024
0.45%

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

Fullmer Construction reported $70,608 in plan administrative expenses for 2024: 0.45% of average plan assets, above the peer median. Employer contributions averaged $2,918 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 0.42% to 0.45%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other construction employers. By assets it is the 4,194th-largest of 9,483 plans among California employers on file, and the 2,334th of 5,337 in construction. In 2024, employees put in $3.08 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$16,189,362
Participants with balances155
Active participants130
Employer contributions$379,354
Employee contributions$1,166,803
Employer contribution per active participant$2,918
Average account balance$104,447
Benefits paid to participants$2,353,675
Plan auditUnmodified (clean) audit opinion
AuditorSOREN MCADAM LLP
Plan history3
Yearassets · accounts · employer contribution
2024$16.2M · 155 accts · $379K emplr
2023$15.1M · 172 accts · $402K emplr
2022$13.3M · 159 accts · $333K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$34,551
Investment management$36,057
Total administrative$70,608
The Fullmer Construction 401(k) match · 2024
Employer contribution per active participant$2,918
Median for plans this size$2,416
2024$2,918 per active participant
2023$2,793 per active participant
2022$2,327 per active participant

Fullmer Construction's 2024 employer contribution ran above the $2,416 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
RPA FINANCIAL, LLC · Investment advisory (plan)$36,057
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$34,532

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$70,608 · 0.45%
2023$61,190 · 0.43%
2022$62,120 · 0.42%
Same employer
Similar plansConstruction · California
Andy Gump, Inc. CA$16.5M · 0.51%
Del Amo Construction, LLC CA$16.3M · 0.62%
Brady Socal, Inc. CA$16.0M · 0.39%
Coffman Specialties, Inc. CA$15.9M · 0.31%

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Source: U.S. Department of Labor, Form 5500 series, EIN 952885538 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.