Plan Ledger DOL Form 5500 · updated monthly

Inter-Con Security Systems, Inc.401(k)

THE CONTRACTORS RETIREMENT PLAN · PASADENA, CA · plan year 2024

Employer contribution per participant · 2024
$1,955

Inter-Con Security Systems, Inc.'s 2024 Form 5500 did not separately report plan administrative expenses, which is common where recordkeeping is paid through investment revenue-sharing or a master trust. The plan held $101,299,819 across 6,223 participant accounts, with employer contributions averaging $1,955 per active participant. See methodology for what Form 5500 does and doesn't capture.

Across the 2 years on file its reported administrative ratio has held roughly steady near 0.007%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other construction employers. By assets it is the 990th-largest of 9,483 plans among California employers on file, and the 607th of 5,337 in construction. In 2024, the employer put in $1.44 for every $1.00 employees contributed themselves; active participation has shrunk from 11,461 to 3,995 since 2022.

Plan summary
Net assets, end of year$101,299,819
Participants with balances6,223
Active participants3,995
Employer contributions$7,809,540
Employee contributions$5,417,029
Employer contribution per active participant$1,955
Average account balance$16,278
Benefits paid to participants$16,114,297
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$101.3M · 6,223 accts · $7.8M emplr
2023$93.8M · 5,894 accts · $7.8M emplr
2022$80.4M · 5,293 accts · $8.6M emplr
The Inter-Con Security Systems, Inc. 401(k) match · 2024
Employer contribution per active participant$1,955
Median for plans this size$3,635
2024$1,955 per active participant
2023$738 per active participant
2022$748 per active participant

Inter-Con Security Systems, Inc.'s 2024 employer contribution ran below the $3,635 median for plans its size, in the bottom 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.

Administrative cost history3
2024Not separately reported
2023$6,500 · 0.01%
2022$6,750 · 0.01%
Same employer
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Solv Energy, LLC CA$114.0M · 0.22%
Lyles Diversified, Inc. CA$111.0M · 0.17%
Cupertino Electric, Inc. CA$107.1M · 0.07%
Oltmans Companies CA$92.8M · 0.28%
Pslq, Inc. dba Greenbee CA$92.4M · 0.00%

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Source: U.S. Department of Labor, Form 5500 series, EIN 953020192 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.