Plan Ledger DOL Form 5500 · updated monthly

Masada Homes401(k)

MASADA HOMES RETIREMENT PLAN · GARDENA, CA · plan year 2024

Reported admin expense ratio · 2024
0.51%

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

Masada Homes reported $42,680 in plan administrative expenses for 2024: 0.51% of average plan assets, below the peer median. Employer contributions averaged $1,623 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 0.48% to 0.51%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in California (5,744th of 9,483), and 6,074th of 11,911 in health care & social assistance. In 2024, employees put in $2.19 for every $1.00 the employer contributed; active participation has grown from 141 to 158 since 2022.

Plan summary
Net assets, end of year$8,969,879
Participants with balances171
Active participants158
Employer contributions$256,355
Employee contributions$560,572
Employer contribution per active participant$1,623
Average account balance$52,455
Benefits paid to participants$597,210
Plan auditUnmodified (clean) audit opinion
AuditorHARRINGTON GROUP CPAS, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$9.0M · 171 accts · $256K emplr
2023$7.8M · 174 accts · $244K emplr
2022$6.6M · 187 accts · $232K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$42,680
Total administrative$42,680
The Masada Homes 401(k) match · 2024
Employer contribution per active participant$1,623
Median for plans this size$1,313
2024$1,623 per active participant
2023$1,707 per active participant
2022$1,644 per active participant

Masada Homes's 2024 employer contribution ran above the $1,313 median for plans its size. 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
TRANSAMERICA LIFE INSURANCE COMPANY · Recordkeeping · Loan processing$39,590
BENEFIT EQUITY INC. · Recordkeeping · Loan processing$3,090

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

Recordkeeper by year2
2024BENEFIT EQUITY INC., Transamerica
2023BENEFIT EQUITY INC., Transamerica

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

Administrative cost history3
2024$42,680 · 0.51%
2023$39,026 · 0.54%
2022$33,009 · 0.48%
Same employer
Similar plansHealth Care & Social Assistance · California
Equip Health Inc. CA$9.1M · 0.22%
Hinds Hospice CA$9.0M · 0.81%
Total Vision LLC CA$9.0M · 0.70%
Stanford Youth Solutions CA$8.9M · 0.56%
Alma Family Services CA$8.9M · 0.04%
Principles, Inc. CA$8.9M · 0.12%

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Source: U.S. Department of Labor, Form 5500 series, EIN 952479348 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.