Plan Ledger DOL Form 5500 · updated monthly

Level 10 Construction, LP401(k)

LEVEL 10 CONSTRUCTION, LP 401(K) PLAN · SUNNYVALE, CA · plan year 2024

Reported admin expense ratio · 2024
0.20%

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

Level 10 Construction, LP reported $65,863 in plan administrative expenses for 2024: 0.20% of average plan assets, below the peer median. Employer contributions averaged $6,791 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 0.19% to 0.20%. 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 2,374th-largest of 9,483 plans among California employers on file, and the 1,376th of 5,337 in construction. In 2024, employees put in $2.21 for every $1.00 the employer contributed; active participation has shrunk from 209 to 163 since 2022.

Plan summary
Net assets, end of year$35,096,067
Participants with balances266
Active participants163
Employer contributions$1,106,934
Employee contributions$2,448,555
Employer contribution per active participant$6,791
Average account balance$131,940
Benefits paid to participants$2,934,837
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$35.1M · 266 accts · $1.1M emplr
2023$29.5M · 266 accts · $1.2M emplr
2022$24.7M · 310 accts · $1.1M emplr
Administrative expenses, itemized · 2024
Investment management$65,863
Total administrative$65,863
The Level 10 Construction, LP 401(k) match · 2024
Employer contribution per active participant$6,791
Median for plans this size$2,416
2024$6,791 per active participant
2023$6,951 per active participant
2022$5,271 per active participant

Level 10 Construction, LP'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 · 20241
SPECTRUM CAPITAL MGMT · Investment advisory (participants) · Investment advisory (plan)$58,349

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$65,863 · 0.20%
2023$60,504 · 0.22%
2022$46,942 · 0.19%
Same employer
Similar plansConstruction · California
The Arcticom Group, LLC CA$36.4M · 0.49%
K.F. Howell Electric, Inc. CA$35.8M · 0.03%
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 453369524 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.