Plan Ledger DOL Form 5500 · updated monthly

Industrial & Commercial Contractors, Limited Partnership401(k)

INDUSTRIAL & COMMERCIAL CONTRACTORS 401(K) PROFIT SHARING PLAN · MADERA, CA · plan year 2024

Reported admin expense ratio · 2024
0.05%

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

Industrial & Commercial Contractors, Limited Partnership reported $3,175 in plan administrative expenses for 2024: 0.05% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,508 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 0.09% to 0.05%. 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 (6,173rd of 9,483), and 3,468th of 5,337 in construction. In 2024, employees put in $1.85 for every $1.00 the employer contributed; active participation has grown from 113 to 125 since 2022.

Plan summary
Net assets, end of year$7,530,360
Participants with balances101
Active participants125
Employer contributions$313,479
Employee contributions$580,948
Employer contribution per active participant$2,508
Average account balance$74,558
Benefits paid to participants$109,241
Plan auditUnmodified (clean) audit opinion
AuditorFINCH ROWLAND SHOOPMAN CPAS
Plan history3
Yearassets · accounts · employer contribution
2024$7.5M · 101 accts · $313K emplr
2023$5.9M · 101 accts · $311K emplr
2022$5.4M · 110 accts · $315K emplr
Administrative expenses, itemized · 2024
Investment management$3,175
Total administrative$3,175
The Industrial & Commercial Contractors, Limited Partnership 401(k) match · 2024
Employer contribution per active participant$2,508
Median for plans this size$1,313
2024$2,508 per active participant
2023$2,573 per active participant
2022$2,791 per active participant

Industrial & Commercial Contractors, Limited Partnership's 2024 employer contribution ran above the $1,313 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 · 20241
NEXUS ADMINISTRATORS · Other servicesindirect comp

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$3,175 · 0.05%
2023$5,725 · 0.10%
2022$5,725 · 0.09%
Same employer
Similar plansConstruction · California
Ldi Mechanical, Inc. CA$7.7M · 0.71%
Wcp Developers, LLC CA$7.7M · 0.81%
Mc Painting CA$7.7M · 0.53%
Gray Electric Co CA$7.5M · 0.40%
Don's Mobile Glass, Inc. CA$7.5M · 0.80%

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Source: U.S. Department of Labor, Form 5500 series, EIN 770134667 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.