Plan Ledger DOL Form 5500 · updated monthly

Lyles Diversified, Inc.401(k) + ESOP (KSOP)

THE LYLES GROUP 401(K) EMPLOYEE STOCK OWNERSHIP PLAN AND TRUST · FRESNO, CA · plan year 2024

Reported admin expense ratio · 2024
0.17%

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

Lyles Diversified, Inc. reported $177,934 in plan administrative expenses for 2024: 0.17% of average plan assets, above the peer median. Employer contributions averaged $8,042 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 0.09% to 0.17%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other construction employers. By assets it is the 923rd-largest of 9,483 plans among California employers on file, and the 569th of 5,337 in construction. In 2024, employees put in $1.30 for every $1.00 the employer contributed; active participation has grown from 201 to 336 since 2022.

Plan summary
Net assets, end of year$111,038,462
Participants with balances420
Active participants336
Employer contributions$2,702,030
Employee contributions$3,515,976
Employer contribution per active participant$8,042
Average account balance$264,377
Benefits paid to participants$7,292,299
Plan auditUnmodified (clean) audit opinion
AuditorCUTTONE AND MASTRO CPAS
Plan history3
Yearassets · accounts · employer contribution
2024$111.0M · 420 accts · $2.7M emplr
2023$100.3M · 361 accts · $2.8M emplr
2022$88.2M · 244 accts · $2.8M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$177,934
Total administrative$177,934
The Lyles Diversified, Inc. 401(k) match · 2024
Employer contribution per active participant$8,042
Median for plans this size$3,635
2024$8,042 per active participant
2023$9,381 per active participant
2022$13,835 per active participant

Lyles Diversified, Inc.'s 2024 employer contribution ran above the $3,635 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 · 20244
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator$175,828
S B H U LIFE AGENCY INC · Other servicesindirect comp
MORNINGSTAR INVESTMENT MANAGEMENT L · Investment advisory (participants)indirect comp
WILSHIRE ADVISORS LLC · Investment advisory (plan)indirect comp

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$177,934 · 0.17%
2023$138,619 · 0.15%
2022$86,189 · 0.09%
Same employer
Similar plansConstruction · California
Walters & Wolf Glass Company CA$127.0M · 0.15%
Solv Energy, LLC CA$114.0M · 0.22%
Cupertino Electric, Inc. CA$107.1M · 0.07%
Oltmans Companies CA$92.8M · 0.28%

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Source: U.S. Department of Labor, Form 5500 series, EIN 941050189 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.