Plan Ledger DOL Form 5500 · updated monthly

Harris & Ruth Painting ContractingESOP

HARRIS & RUTH PAINTING CONTRACTING EMPLOYEE STOCK OWNERSHIP PLAN · WEST COVINA, CA · plan year 2022

Reported admin expense ratio · 2022
0.00%

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

Harris & Ruth Painting Contracting reported $225 in plan administrative expenses for 2022: 0.00% of average plan assets, lower than ~75% of peers. Employer contributions averaged $8,965 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.

The plan sits in the $10M–$50M size bracket, benchmarked here against 26,806 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in California (5,059th of 9,483), and 2,875th of 5,337 in construction.

Plan summary
Net assets, end of year$11,627,492
Participants with balances92
Active participants59
Employer contributions$528,950
Employee contributions—
Employer contribution per active participant$8,965
Average account balance$126,386
Benefits paid to participants$1,050,490
Plan auditUnmodified (clean) audit opinion
Employer contributions to the Harris & Ruth Painting Contracting plan · 2022
Employer contribution per active participant$8,965
Median for plans this size$2,266

Harris & Ruth Painting Contracting's 2022 employer contribution ran above the $2,266 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$225 · 0.00%
Similar plansConstruction · California
Air Control Systems, Inc. CA$11.7M · 0.63%
Hamann Construction, Inc. CA$11.4M · 0.16%
Menemsha Development Group CA$11.4M · 1.04%

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Source: U.S. Department of Labor, Form 5500 series, EIN 954679770 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.