Plan Ledger DOL Form 5500 · updated monthly

Hart Brothers Construction dba Aquatic Technologies401(k)

AQUATIC TECHNOLOGIES, INC. EMPLOYEES 401K PLAN · SAN JUAN CAPISTRANO, CA · plan year 2024

Reported admin expense ratio · 2024
0.68%

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

Hart Brothers Construction dba Aquatic Technologies reported $36,212 in plan administrative expenses for 2024: 0.68% of average plan assets, above the peer median. Employer contributions averaged $1,269 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 0.90% to 0.68%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in California (6,721st of 9,483), and 3,801st of 5,337 in construction. In 2024, employees put in $2.64 for every $1.00 the employer contributed; active participation has grown from 98 to 116 since 2022.

Plan summary
Net assets, end of year$5,866,174
Participants with balances131
Active participants116
Employer contributions$147,244
Employee contributions$388,056
Employer contribution per active participant$1,269
Average account balance$44,780
Benefits paid to participants$44,876
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$5.9M · 131 accts · $147K emplr
2023$4.7M · 130 accts · $146K emplr
2022$3.6M · 116 accts · $135K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$36,212
Total administrative$36,212
The Hart Brothers Construction dba Aquatic Technologies 401(k) match · 2024
Employer contribution per active participant$1,269
Median for plans this size$1,313
2024$1,269 per active participant
2023$1,260 per active participant
2022$1,373 per active participant

Hart Brothers Construction dba Aquatic Technologies's 2024 employer contribution ran below 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 FINANCIAL ADVISORS · Investment advisory (plan)$28,566
AMERICAN FUNDS · Contract administrator · Loan processing$500

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$36,212 · 0.68%
2023$27,501 · 0.66%
2022$33,005 · 0.90%
Similar plansConstruction · California
Alpha Mechanical, Inc. CA$6.1M · 1.32%
Tinco Sheet Metal Inc. CA$6.0M · 1.08%
Cleanrite, Inc. CA$5.9M · 0.59%

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Source: U.S. Department of Labor, Form 5500 series, EIN 330778866 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.