Plan Ledger DOL Form 5500 · updated monthly

Hal Hays Construction, Inc.401(k)

HAL HAYS CONSTRUCTION, INC. RETIREMENT SAVINGS PLAN · RIVERSIDE, CA · plan year 2023

Reported admin expense ratio · 2023
0.77%

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

Hal Hays Construction, Inc. reported $24,638 in plan administrative expenses for 2023: 0.77% of average plan assets, above the peer median. Employer contributions averaged $295 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 3 years on file its reported administrative ratio has held roughly steady near 0.86%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in California (7,616th of 9,483), and 4,389th of 5,337 in construction. In 2023, employees put in $1.91 for every $1.00 the employer contributed; active participation has grown from 179 to 262 since 2022.

Plan summary
Net assets, end of year$3,485,427
Participants with balances177
Active participants262
Employer contributions$77,197
Employee contributions$147,570
Employer contribution per active participant$295
Average account balance$19,692
Benefits paid to participants$230,429
Plan auditUnmodified (clean) audit opinion
AuditorWILSON IVANOVA CPAS, INC., APAC
Plan history3
Yearassets · accounts · employer contribution
2024$3.4M · 172 accts · $10K emplr
2023$3.5M · 177 accts · $77K emplr
2022$2.9M · 146 accts · $74K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$16,018
Investment management$8,620
Total administrative$24,638
The Hal Hays Construction, Inc. 401(k) match · 2023
Employer contribution per active participant$295
Median for plans this size$1,308
2024$34 per active participant
2023$295 per active participant
2022$414 per active participant

Hal Hays Construction, Inc.'s 2023 employer contribution ran below the $1,308 median for plans its size, in the bottom 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20234
TRANSAMERICA LIFE INSURANCE COMPANY · Recordkeeping · Loan processing$6,679
HICKS PENSION SERVICES · Recordkeeping · Loan processing$1,125
EDWARD D. JONES & COMPANY · Investment advisory (plan)$8,013
MESIROW FINANCIAL, INC. · Investment advisory (plan)$607

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

Recordkeeper by year2
2024HICKS PENSION SERVICES, Transamerica
2023HICKS PENSION SERVICES, Transamerica

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Administrative cost history3
2024$29,634 · 0.86%
2023$24,638 · 0.77%
2022$27,845 · 0.84%
Same employer
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True Air Mechanical, Inc. CA$3.6M · 0.35%
Red Pointe Roofing, LP CA$3.4M · 0.68%
Twr Enterprises, Inc. CA$3.4M · 0.32%
Spectra Company Inc CA$3.4M · 0.54%

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Source: U.S. Department of Labor, Form 5500 series, EIN 542084366 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.