Plan Ledger DOL Form 5500 · updated monthly

Hp Communications, Inc.401(k)

HP COMMUNICATIONS, INC. 401(K) PLAN · CORONA, CA · plan year 2024

Reported admin expense ratio · 2024
0.70%

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

Hp Communications, Inc. reported $251,546 in plan administrative expenses for 2024: 0.70% of average plan assets, higher than ~90% of peers. Employer contributions averaged $3,327 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 rose from 0.66% to 0.70%. 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 2,122nd-largest of 9,483 plans among California employers on file, and the 1,226th of 5,337 in construction. In 2024, employees put in $1.59 for every $1.00 the employer contributed; active participation has shrunk from 712 to 629 since 2022.

Plan summary
Net assets, end of year$40,430,746
Participants with balances776
Active participants629
Employer contributions$2,092,447
Employee contributions$3,325,762
Employer contribution per active participant$3,327
Average account balance$52,101
Benefits paid to participants$1,522,146
Plan auditUnmodified (clean) audit opinion
AuditorGYL LLP
Plan history3
Yearassets · accounts · employer contribution
2024$40.4M · 776 accts · $2.1M emplr
2023$31.8M · 741 accts · $2.0M emplr
2022$25.0M · 642 accts · $1.6M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$251,546
Total administrative$251,546
The Hp Communications, Inc. 401(k) match · 2024
Employer contribution per active participant$3,327
Median for plans this size$2,416
2024$3,327 per active participant
2023$2,662 per active participant
2022$2,312 per active participant

Hp Communications, 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 · 20241
VALIC RETIREMENT SERVICES COMPANY · Custodial (securities) · Investment advisory (participants)$251,546

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$251,546 · 0.70%
2023$194,496 · 0.68%
2022$174,759 · 0.66%
Same employer
Similar plansConstruction · California
Electek CA$42.1M · 0.00%
Champions Group CA$42.1M · 0.40%
The Dutra Group CA$39.1M · 0.47%
Blach Construction Company CA$38.8M · 0.32%

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Source: U.S. Department of Labor, Form 5500 series, EIN 330810391 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.