Plan Ledger DOL Form 5500 · updated monthly

Harper Construction Company, Inc.401(k)

HARPER CONSTRUCTION COMPANY, INC. 401(K) PLAN · SAN DIEGO, CA · plan year 2024

Reported admin expense ratio · 2024
0.25%

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

Harper Construction Company, Inc. reported $71,509 in plan administrative expenses for 2024: 0.25% of average plan assets, below the peer median. Employer contributions averaged $3,570 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 2 years on file its reported administrative ratio fell from 0.28% to 0.25%. 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 2,614th-largest of 9,483 plans among California employers on file, and the 1,494th of 5,337 in construction. In 2024, employees put in $1.98 for every $1.00 the employer contributed; active participation has grown from 157 to 198 since 2022.

Plan summary
Net assets, end of year$31,026,630
Participants with balances161
Active participants198
Employer contributions$706,947
Employee contributions$1,398,600
Employer contribution per active participant$3,570
Average account balance$192,712
Benefits paid to participants$1,314,934
Plan auditUnmodified (clean) audit opinion
AuditorGATTO POPE & WALWICK LLP
Plan history3
Yearassets · accounts · employer contribution
2024$31.0M · 161 accts · $707K emplr
2023$26.2M · 163 accts · $692K emplr
2022$21.1M · 148 accts · $606K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$20,929
Investment management$50,580
Total administrative$71,509
The Harper Construction Company, Inc. 401(k) match · 2024
Employer contribution per active participant$3,570
Median for plans this size$2,416
2024$3,570 per active participant
2023$3,497 per active participant
2022$3,863 per active participant

Harper Construction Company, Inc.'s 2024 employer contribution ran above the $2,416 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
MORGAN STANLEY · Investment advisory (plan)$50,580
CAPITAL GROUP RETIREMENT PLAN SVCS. · Trustee (directed) · Other services$20,929

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

Administrative cost history3
2024$71,509 · 0.25%
2023$56,637 · 0.24%
2022$67,035 · 0.28%
Same employer
Similar plansConstruction · California
Toscana Limited, L.P. CA$31.7M · 0.02%
Kprs Construction CA$31.4M · 0.34%
Pacific Steel Group CA$31.1M · 0.14%
Green Valley Corporation CA$31.0M · 0.05%
Mechanical Holdings, Inc. CA$30.8M · 0.02%
McH Electric, Inc. CA$30.1M · 0.01%
Kinetic Systems, Inc. CA$29.8M · 0.29%

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Source: U.S. Department of Labor, Form 5500 series, EIN 330181806 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.