Plan Ledger DOL Form 5500 · updated monthly

Leonard Roofing, Inc.401(k)

LEONARD ROOFING INC. 401(K) PLAN · TEMECULA, CA · plan year 2024

Reported admin expense ratio · 2024
0.03%

Leonard Roofing, Inc. reported $609 in plan administrative expenses for 2024: 0.03% of average plan assets, lower than ~75% of peers. 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 1 year on file its reported administrative ratio fell from 0.29% to 0.03%. 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 (8,152nd of 9,483), and 4,722nd of 5,337 in construction.

Plan summary
Net assets, end of year$2,352,215
Participants with balances731
Active participants845
Employer contributions—
Employee contributions$493,241
Employer contribution per active participant—
Average account balance$3,218
Benefits paid to participants$86,178
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$2.4M · 731 accts
2023$1.7M · 726 accts
2022$1.0M · 706 accts
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.

Administrative cost history3
2024$609 · 0.03%
2023$3,842 · 0.29%
2022Not separately reported
Similar plansConstruction · California
Teserra CA$2.5M · 1.08%
Mayacama Golf Club, LLC CA$2.4M · 0.46%
Diablo Plumbing, Inc. CA$2.3M · 1.58%
Lifetime Solutions, Inc. CA$2.3M · 1.19%

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Source: U.S. Department of Labor, Form 5500 series, EIN 680579921 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.