Plan Ledger DOL Form 5500 · updated monthly

Korda Construction Company, Inc.401(k)

KORDA CONSTRUCTION COMPANY, INC 401(K) PLAN · LOS ANGELES, CA · plan year 2024

Reported admin expense ratio · 2024
0.17%

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

Korda Construction Company, Inc. reported $3,932 in plan administrative expenses for 2024: 0.17% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,127 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 3 years on file its reported administrative ratio has held roughly steady near 0.17%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other real estate & leasing employers. By assets it is among the smaller plans on file in California (8,077th of 9,483), and 1,792nd of 2,096 in real estate & leasing. In 2024, employees put in $1.47 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$2,504,473
Participants with balances102
Active participants92
Employer contributions$195,686
Employee contributions$288,317
Employer contribution per active participant$2,127
Average account balance$24,554
Benefits paid to participants$279,640
Plan auditUnmodified (clean) audit opinion
AuditorAUDIT & TAX SOLUTIONS CPA'S INC.
Plan history3
Yearassets · accounts · employer contribution
2024$2.5M · 102 accts · $196K emplr
2023$2.1M · 107 accts · $176K emplr
2022$1.7M · 104 accts · $158K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$3,932
Total administrative$3,932
The Korda Construction Company, Inc. 401(k) match · 2024
Employer contribution per active participant$2,127
Median for plans this size$1,313
2024$2,127 per active participant
2023$1,763 per active participant
2022$1,857 per active participant

Korda Construction Company, Inc.'s 2024 employer contribution ran above the $1,313 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 · 20242
ADP, INC. · Loan processing · Recordkeeping$3,932
ADP BROKER-DEALER · Other servicesindirect 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
2024ADP
2023ADP

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

Administrative cost history3
2024$3,932 · 0.17%
2023$4,920 · 0.26%
2022$2,962 · 0.18%
Similar plansReal Estate & Leasing · California
Mosser Companies, Inc. CA$2.7M · 0.73%
Tahoe Club Company, LLC CA$2.7M · 1.00%
Fortunebuilders, Inc. CA$2.6M · 0.49%
Frontier Personnel, LLC CA$2.5M · 0.59%
Gsf Properties, Inc. CA$2.5M · 1.99%
Ironwood Country Club CA$2.4M · 0.10%
Blvd Residential Inc. CA$2.4M · 1.82%

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Source: U.S. Department of Labor, Form 5500 series, EIN 952020164 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.