Plan Ledger DOL Form 5500 · updated monthly

Ldi Mechanical, Inc.401(k)

LDI MECHANICAL, INC. 401(K) RETIREMENT SAVINGS PLAN · CORONA, CA · plan year 2024

Reported admin expense ratio · 2024
0.71%

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

Ldi Mechanical, Inc. reported $50,118 in plan administrative expenses for 2024: 0.71% of average plan assets, above the peer median. Employer contributions averaged $339 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 0.49% to 0.71%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in California (6,119th of 9,483), and 3,449th of 5,337 in construction. In 2024, employees put in $3.07 for every $1.00 the employer contributed; active participation has shrunk from 610 to 544 since 2022.

Plan summary
Net assets, end of year$7,666,756
Participants with balances153
Active participants544
Employer contributions$184,328
Employee contributions$566,163
Employer contribution per active participant$339
Average account balance$50,110
Benefits paid to participants$326,413
Plan auditUnmodified (clean) audit opinion
AuditorWITHUM SMITH BROWN PC
Plan history3
Yearassets · accounts · employer contribution
2024$7.7M · 153 accts · $184K emplr
2023$6.5M · 158 accts · $182K emplr
2022$5.2M · 149 accts · $170K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$16,817
Investment management$33,301
Total administrative$50,118
The Ldi Mechanical, Inc. 401(k) match · 2024
Employer contribution per active participant$339
Median for plans this size$1,313
2024$339 per active participant
2023$294 per active participant
2022$278 per active participant

Ldi Mechanical, Inc.'s 2024 employer contribution ran below the $1,313 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 · 20243
UBS FINANCIAL SERVICES INC · Investment advisory (plan)$32,728
EMPOWER ADVISORY GROUP, LLC · Investment management$573

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

Administrative cost history3
2024$50,118 · 0.71%
2023$37,877 · 0.65%
2022$27,821 · 0.49%
Same employer
Similar plansConstruction · California
Direct Line Global LLC CA$7.8M · 0.27%
Wcp Developers, LLC CA$7.7M · 0.81%
Mc Painting CA$7.7M · 0.53%
Gray Electric Co CA$7.5M · 0.40%

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Source: U.S. Department of Labor, Form 5500 series, EIN 742946953 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.