Plan Ledger DOL Form 5500 · updated monthly

Hillcrest Contracting, Inc.401(k)

HILLCREST CONTRACTING, INC. 401(K) PROFIT SHARING PLAN · CORONA, CA · plan year 2024

Reported admin expense ratio · 2024
0.65%

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

Hillcrest Contracting, Inc. reported $75,003 in plan administrative expenses for 2024: 0.65% of average plan assets, higher than ~90% of peers. Employer contributions averaged $11,979 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 0.70% to 0.65%. 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 among the smaller plans on file in California (4,813th of 9,483), and 2,710th of 5,337 in construction. In 2024, the employer put in $2.37 for every $1.00 employees contributed themselves; active participation has shrunk from 126 to 113 since 2022.

Plan summary
Net assets, end of year$12,798,882
Participants with balances144
Active participants113
Employer contributions$1,353,659
Employee contributions$570,895
Employer contribution per active participant$11,979
Average account balance$88,881
Benefits paid to participants$947,646
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$12.8M · 144 accts · $1.4M emplr
2023$10.4M · 160 accts · $1.1M emplr
2022$8.6M · 154 accts · $728K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$75,003
Total administrative$75,003
The Hillcrest Contracting, Inc. 401(k) match · 2024
Employer contribution per active participant$11,979
Median for plans this size$2,416
2024$11,979 per active participant
2023$9,198 per active participant
2022$5,776 per active participant

Hillcrest Contracting, Inc.'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 · 20248
GLOBAL RETIREMENT PARTNERS LLC · Investment advisory (plan)$20,189
PENSION ASSURANCE LLP · Accounting / audit$17,500
NFP RETIREMENT INC$15,390
ECONOMIC GROUP PENSION SERVICES INC · Contract administrator$13,809
EMPOWER ADVISORY GROUP, LLC · Investment management$13,472
ACCELERATED INVESTMENT ADVISORS LLC · Investment advisory (plan)$9,386
ECONOMIC GROUP PENSION SERVICES LLC · Contract administrator$2,346

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$75,003 · 0.65%
2023$74,821 · 0.79%
2022$63,772 · 0.70%
Same employer
Similar plansConstruction · California
M Bar C Construction, Inc. CA$12.9M · 0.30%
Westech Systems, LLC CA$12.7M · 0.68%
Sherwood Mechanical, Inc. CA$12.5M · 0.46%

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Source: U.S. Department of Labor, Form 5500 series, EIN 330084251 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.