Plan Ledger DOL Form 5500 · updated monthly

K.F. Howell Electric, Inc.401(k)

HOWELL ELECTRIC 401(K) PLAN · SANTA CLARA, CA · plan year 2024

Reported admin expense ratio · 2024
0.03%

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

K.F. Howell Electric, Inc. reported $8,995 in plan administrative expenses for 2024: 0.03% of average plan assets, lower than ~75% of peers. Employer contributions averaged $9,085 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 0.01% to 0.03%. 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 2,331st-largest of 9,483 plans among California employers on file, and the 1,350th of 5,337 in construction. In 2024, the employer put in $1.03 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$35,841,645
Participants with balances144
Active participants112
Employer contributions$1,017,489
Employee contributions$989,421
Employer contribution per active participant$9,085
Average account balance$248,900
Benefits paid to participants$1,135,776
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$35.8M · 144 accts · $1.0M emplr
2023$31.1M · 141 accts · $1.0M emplr
2022$26.9M · 150 accts · $2.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$8,995
Total administrative$8,995
The K.F. Howell Electric, Inc. 401(k) match · 2024
Employer contribution per active participant$9,085
Median for plans this size$2,416
2024$9,085 per active participant
2023$8,808 per active participant
2022$17,502 per active participant

K.F. Howell Electric, Inc.'s 2024 employer contribution ran above the $2,416 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 · 20243
FLYNN, SHOJINAGA & ASSOCIATES, INC. · Claims processing · Contract administrator$6,810
STANCORP FINANCIAL GROUP · Claims processing · Contract administrator$2,185
LPL FINANCIAL LLC · Contract administrator · Consultingindirect comp

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

Recordkeeper by year2
2024FLYNN, SHOJINAGA & ASSOCIATES, INC., The Standard
2023FLYNN, SHOJINAGA & ASSOCIATES, INC., LPL Financial

This plan has changed recordkeepers within these filings. If you left K.F. Howell Electric, Inc. before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$8,995 · 0.03%
2023$7,000 · 0.02%
2022$2,340 · 0.01%
Same employer
Similar plansConstruction · California
The Arcticom Group, LLC CA$36.4M · 0.49%
Level 10 Construction, LP CA$35.1M · 0.20%
Joseph J. Albanese, Inc. CA$34.9M · 0.24%
Taft Electric Company, Inc. CA$34.5M · 0.00%

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Source: U.S. Department of Labor, Form 5500 series, EIN 770383422 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.