Plan Ledger DOL Form 5500 · updated monthly

Hanford Applied Restoration & Conservation401(k)

THE CONTRACTORS RETIREMENT PLAN · PETALUMA, CA · plan year 2023

Reported admin expense ratio · 2023
0.10%

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.

Plan summary
Net assets, end of year$19,484,525
Participants with balances221
Active participants156
Employer contributions$2,694,707
Employee contributions$464,673
Employer contribution per active participant$17,274
Average account balance$88,165
Benefits paid to participants$1,498,686
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$18.4M · 183 accts · $1.5M emplr
2023$19.5M · 221 accts · $2.7M emplr
2022$15.3M · 208 accts · $2.7M emplr
Administrative expenses, itemized · 2023
Audit (IQPA)$17,500
Total administrative$17,500
The Hanford Applied Restoration & Conservation 401(k) match · 2023
Employer contribution per active participant$17,274
Median for plans this size$2,440
2024$13,762 per active participant
2023$17,274 per active participant
2022$16,756 per active participant

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.

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.

Administrative cost history3
2024$42,000 · 0.22%
2023$17,500 · 0.10%
2022Not separately reported
Same employer
Similar plansConstruction · California
Stronghold Engineering Inc. CA$20.0M · 0.44%
Turelk, Inc. CA$19.9M · 0.17%
Able Maintenance, Inc. CA$19.9M · 0.66%
Dfs Flooring, Inc. CA$19.7M · 0.41%
Cass Construction, Inc. CA$19.2M · 0.69%

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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.