Plan Ledger DOL Form 5500 · updated monthly

Hy-Lang Electric California, Inc401(k)

HY-LANG ELECTRIC CALIFORNIA 401(K) PLAN · SAN DIEGO, CA · plan year 2022

Reported admin expense ratio · 2022
0.04%

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

Hy-Lang Electric California, Inc reported $760 in plan administrative expenses for 2022: 0.04% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,751 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 $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in California (8,220th of 9,483), and 4,764th of 5,337 in construction. In 2022, employees put in $1.90 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$2,188,544
Participants with balances70
Active participants100
Employer contributions$175,088
Employee contributions$332,968
Employer contribution per active participant$1,751
Average account balance$31,265
Benefits paid to participants$81,262
Plan auditUnmodified (clean) audit opinion
The Hy-Lang Electric California, Inc 401(k) match · 2022
Employer contribution per active participant$1,751
Median for plans this size$1,114

Hy-Lang Electric California, Inc's 2022 employer contribution ran above the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$760 · 0.04%
Same employer
Similar plansConstruction · California
Leonard Roofing, Inc. CA$2.4M · 0.03%
Diablo Plumbing, Inc. CA$2.3M · 1.58%
Lifetime Solutions, Inc. CA$2.3M · 1.19%

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Source: U.S. Department of Labor, Form 5500 series, EIN 330170139 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.