Plan Ledger DOL Form 5500 · updated monthly

J.R. Filanc Construction Company, Inc.401(k)

J.R. FILANC CONSTRUCTION COMPANY, INC. 401(K) PLAN · ESCONDIDO, CA · plan year 2024

Reported admin expense ratio · 2024
0.40%

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

J.R. Filanc Construction Company, Inc. reported $53,965 in plan administrative expenses for 2024: 0.40% of average plan assets, above the peer median. Employer contributions averaged $3,469 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 0.45% to 0.40%. 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 4,391st-largest of 9,483 plans among California employers on file, and the 2,471st of 5,337 in construction. In 2024, employees put in $2.22 for every $1.00 the employer contributed; active participation has grown from 136 to 181 since 2022.

Plan summary
Net assets, end of year$15,009,551
Participants with balances188
Active participants181
Employer contributions$627,878
Employee contributions$1,396,755
Employer contribution per active participant$3,469
Average account balance$79,838
Benefits paid to participants$1,289,896
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$15.0M · 188 accts · $628K emplr
2023$12.0M · 171 accts · $540K emplr
2022$9.5M · 172 accts · $474K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$27,933
Investment management$26,032
Total administrative$53,965
The J.R. Filanc Construction Company, Inc. 401(k) match · 2024
Employer contribution per active participant$3,469
Median for plans this size$2,416
2024$3,469 per active participant
2023$3,753 per active participant
2022$3,488 per active participant

J.R. Filanc Construction Company, 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 · 20243
JOHN HANCOCK USA · Recordkeeping · Investment management$25,429
SEASIDE FINANCIAL & INSURANCE SVCS · Investment advisory (participants) · Investment advisory (plan)$19,179
MMA SEURITIES LLC · Investment advisory (participants)$6,853

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024John Hancock
2023John Hancock

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$53,965 · 0.40%
2023$37,242 · 0.35%
2022$46,279 · 0.45%
Similar plansConstruction · California
Sunwest Electric, Inc. CA$15.5M · 0.46%
Kana Pipeline, Inc. CA$15.3M · 0.49%
Nordic Industries, Inc. CA$15.2M · 0.51%
S.B.C.C., Inc. CA$15.2M · 0.86%
Gothic Landscaping, Inc. CA$14.8M · 0.08%
Crew, Inc. CA$14.4M · 0.50%
Arrow Drillers, Inc. CA$14.3M · 0.49%

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Source: U.S. Department of Labor, Form 5500 series, EIN 951758372 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.