Plan Ledger DOL Form 5500 · updated monthly

Hazard Construction Company401(k)

HAZARD CONSTRUCTION COMPANY RETIREMENT PLAN · LAKESIDE, CA · plan year 2024

Reported admin expense ratio · 2024
0.18%

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

Hazard Construction Company reported $45,251 in plan administrative expenses for 2024: 0.18% of average plan assets, below the peer median. Employer contributions averaged $10,772 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 0.59% to 0.18%. 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 2,923rd-largest of 9,483 plans among California employers on file, and the 1,657th of 5,337 in construction. In 2024, the employer put in $1.83 for every $1.00 employees contributed themselves; active participation has grown from 119 to 171 since 2022.

Plan summary
Net assets, end of year$26,760,474
Participants with balances198
Active participants171
Employer contributions$1,841,949
Employee contributions$1,004,782
Employer contribution per active participant$10,772
Average account balance$135,154
Benefits paid to participants$1,634,787
Plan auditUnmodified (clean) audit opinion
AuditorGELMAN LLP
Plan history3
Yearassets · accounts · employer contribution
2024$26.8M · 198 accts · $1.8M emplr
2023$22.5M · 129 accts · $1.1M emplr
2022$18.0M · 165 accts · $812K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$45,251
Total administrative$45,251
The Hazard Construction Company 401(k) match · 2024
Employer contribution per active participant$10,772
Median for plans this size$2,416
2024$10,772 per active participant
2023$8,679 per active participant
2022$6,824 per active participant

Hazard Construction Company's 2024 employer contribution ran above the $2,416 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20245
FIDUCIARY BENEFITS GROUP INC · Investment advisory (plan)$32,207
MMA SECURITIES LLC · Investment advisory (plan)$9,984
ECONOMIC GROUP PENSION SERVICES INC · Contract administrator$8,358
ECONOMIC GROUP PENSION SERVICES LLC · Contract administrator$550

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$45,251 · 0.18%
2023$47,597 · 0.23%
2022$122,159 · 0.59%
Same employer
Similar plansConstruction · California
Syserco, Inc. CA$27.4M · 0.19%
Gray West Construction Inc. CA$27.4M · 0.51%
Mountain Cascade, Inc. CA$27.3M · 0.40%
Bcci Construction, LLC CA$26.6M · 0.26%

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Source: U.S. Department of Labor, Form 5500 series, EIN 330807734 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.