Plan Ledger DOL Form 5500 · updated monthly

Krazan & Associates, Inc.401(k)

KRAZAN & ASSOC. 401(K) PROFIT SHARING PLAN · CLOVIS, CA · plan year 2024

Reported admin expense ratio · 2024
0.45%

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

Krazan & Associates, Inc. reported $79,309 in plan administrative expenses for 2024: 0.45% of average plan assets, above the peer median. Employer contributions averaged $862 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 0.45%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 3,764th-largest of 9,483 plans among California employers on file, and the 5,737th of 11,654 in professional & technical services. In 2024, employees put in $4.33 for every $1.00 the employer contributed; active participation has grown from 262 to 290 since 2022.

Plan summary
Net assets, end of year$19,016,693
Participants with balances298
Active participants290
Employer contributions$250,000
Employee contributions$1,081,995
Employer contribution per active participant$862
Average account balance$63,814
Benefits paid to participants$1,081,088
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$19.0M · 298 accts · $250K emplr
2023$16.1M · 296 accts · $250K emplr
2022$13.7M · 283 accts · $250K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$31,900
Investment management$42,909
Audit (IQPA)$4,500
Total administrative$79,309
The Krazan & Associates, Inc. 401(k) match · 2024
Employer contribution per active participant$862
Median for plans this size$2,416
2024$862 per active participant
2023$909 per active participant
2022$954 per active participant

Krazan & Associates, Inc.'s 2024 employer contribution ran below the $2,416 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.

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
ASCENSUS LLC · Loan processing · Recordkeeping$31,975
LC MORGAN STANLEY · Investment advisory (plan)$42,909

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

Recordkeeper by year2
2024Ascensus
2023Ascensus

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

Administrative cost history3
2024$79,309 · 0.45%
2023$87,563 · 0.59%
2022$72,753 · 0.46%
Same employer
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Innoflight, LLC CA$19.2M · 0.09%
McCarthy & Holthus, LLP CA$19.2M · 0.08%
Answerlab, LLC CA$19.2M · 0.33%
Allana Buick & Bers, Inc. CA$19.0M · 0.27%
Wra, Inc. CA$19.0M · 0.08%
Persona Identities, Inc. CA$18.9M · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 770039491 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.