Plan Ledger DOL Form 5500 · updated monthly

Harbor Pipe & Steel, Inc.401(k)

HARBOR PIPE & STEEL, INC. 401(K) PLAN · RIVERSIDE, CA · plan year 2024

Reported admin expense ratio · 2024
0.74%

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

Harbor Pipe & Steel, Inc. reported $47,550 in plan administrative expenses for 2024: 0.74% of average plan assets, above the peer median. Employer contributions averaged $1,536 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 0.74%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other wholesale trade employers. By assets it is among the smaller plans on file in California (6,413th of 9,483), and 3,394th of 4,246 in wholesale trade. In 2024, employees put in $2.13 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$6,769,011
Participants with balances117
Active participants187
Employer contributions$287,242
Employee contributions$611,895
Employer contribution per active participant$1,536
Average account balance$57,855
Benefits paid to participants$895,328
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$6.8M · 117 accts · $287K emplr
2023$6.1M · 121 accts · $299K emplr
2022$4.7M · 119 accts · $292K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$16,075
Investment management$31,475
Total administrative$47,550
The Harbor Pipe & Steel, Inc. 401(k) match · 2024
Employer contribution per active participant$1,536
Median for plans this size$1,313
2024$1,536 per active participant
2023$1,633 per active participant
2022$1,503 per active participant

Harbor Pipe & Steel, Inc.'s 2024 employer contribution ran above the $1,313 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.

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
SACKETT WEALTH ADVISORS, INC. · Recordkeeping · Trustee$31,475
ADP, INC. · Loan processing · Recordkeeping$16,075

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

Recordkeeper by year2
2024ADP, SACKETT WEALTH ADVISORS, INC.
2023ADP, SACKETT WEALTH ADVISORS, INC.

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Administrative cost history3
2024$47,550 · 0.74%
2023$40,335 · 0.74%
2022$36,569 · 0.77%
Same employer
Similar plansWholesale Trade · California
Dion & Sons, Inc. CA$6.9M · 0.47%
Nhn Global, Inc. CA$6.8M · 0.09%
Skate One Corp CA$6.8M · 0.31%
Optoma Technology, Inc. CA$6.7M · 0.30%
Boiling Point Group, Inc CA$6.6M · 1.21%
Spenuzza, Inc. CA$6.5M · 0.66%

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Source: U.S. Department of Labor, Form 5500 series, EIN 952945595 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.