Plan Ledger DOL Form 5500 · updated monthly

Gray West Construction Inc.401(k)

GRAY WEST CONSTRUCTION INC. 401(K) PLAN · SANTA ANA, CA · plan year 2024

Reported admin expense ratio · 2024
0.51%

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

Gray West Construction Inc. reported $128,977 in plan administrative expenses for 2024: 0.51% of average plan assets, higher than ~75% of peers. Employer contributions averaged $9,130 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 1 year on file its reported administrative ratio rose from 0.25% to 0.51%. 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 2,876th-largest of 9,483 plans among California employers on file, and the 1,629th of 5,337 in construction. In 2024, the employer put in $1.02 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$27,439,447
Participants with balances229
Active participants145
Employer contributions$1,323,887
Employee contributions$1,299,857
Employer contribution per active participant$9,130
Average account balance$119,823
Benefits paid to participants$3,114,218
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2024$27.4M · 229 accts · $1.3M emplr
2023$23.0M · 208 accts · $1.2M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$52,145
Investment management$76,832
Total administrative$128,977
The Gray West Construction Inc. 401(k) match · 2024
Employer contribution per active participant$9,130
Median for plans this size$2,416
2024$9,130 per active participant
2023$8,159 per active participant

Gray West Construction Inc.'s 2024 employer contribution ran above the $2,416 median for plans its size, placing it in the top 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 · 20242
TRANSAMERICA RETIREMENT SOLUTIONS · Recordkeeping · Loan processing$52,143
KESTRA ADVISORY SERVICES, LLC · Investment advisory (plan)$76,832

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

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Administrative cost history2
2024$128,977 · 0.51%
2023$58,472 · 0.25%
Same employer
Similar plansConstruction · California
Syserco, Inc. CA$27.4M · 0.19%
Mountain Cascade, Inc. CA$27.3M · 0.40%
Hazard Construction Company CA$26.8M · 0.18%
Bcci Construction, LLC CA$26.6M · 0.26%

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Source: U.S. Department of Labor, Form 5500 series, EIN 330886450 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.