Plan Ledger DOL Form 5500 · updated monthly

Future Plastering, Inc.401(k)

FUTURE PLASTERING, INC. 401(K) PLAN · SACRAMENTO, CA · plan year 2022

Employer contribution per participant · 2022
$1,298

Future Plastering, Inc.'s 2022 Form 5500 did not separately report plan administrative expenses, which is common where recordkeeping is paid through investment revenue-sharing or a master trust. The plan held $1,713,658 across 33 participant accounts, with employer contributions averaging $1,298 per active participant. See methodology for what Form 5500 does and doesn't capture.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in California (8,440th of 9,483), and 4,912th of 5,337 in construction. In 2022, employees put in $1.19 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$1,713,658
Participants with balances33
Active participants156
Employer contributions$202,513
Employee contributions$241,455
Employer contribution per active participant$1,298
Average account balance$51,929
Benefits paid to participants$25,543
Plan auditUnmodified (clean) audit opinion
AuditorMANN, URRUTIA, NELSON, CPAS
The Future Plastering, Inc. 401(k) match · 2022
Employer contribution per active participant$1,298
Median for plans this size$1,114

Future Plastering, Inc.'s 2022 employer contribution ran above the $1,114 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.

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Source: U.S. Department of Labor, Form 5500 series, EIN 263513437 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.