Hanford Applied Restoration & Conservation401(k)
THE CONTRACTORS RETIREMENT PLAN · PETALUMA, CA · plan year 2023
Peer grade: A · admin costs + employer contributions vs same-size plans · how grading works
Hanford Applied Restoration & Conservation reported $17,500 in plan administrative expenses for 2023: 0.10% of average plan assets, lower than ~75% of peers. Employer contributions averaged $17,274 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 0.10% to 0.22%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other construction employers. By assets it is the 3,704th-largest of 9,483 plans among California employers on file, and the 2,053rd of 5,337 in construction. In 2023, the employer put in $5.80 for every $1.00 employees contributed themselves.
Hanford Applied Restoration & Conservation's 2023 employer contribution ran above the $2,440 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.
Annual cost at the plan's reported 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.
Why are you looking at this plan?
Source: U.S. Department of Labor, Form 5500 series, EIN 943347863 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.