Plan Ledger DOL Form 5500 · updated monthly

Norcal Rental Group LLC401(k)

NORCAL RENTAL GROUP 401(K) PLAN · LIVERMORE, CA · plan year 2024

Reported admin expense ratio · 2024
0.28%

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

Norcal Rental Group LLC reported $57,405 in plan administrative expenses for 2024: 0.28% of average plan assets, below the peer median. Employer contributions averaged $1,965 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 0.26% to 0.28%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other real estate & leasing employers. By assets it is the 3,377th-largest of 9,483 plans among California employers on file, and the 608th of 2,096 in real estate & leasing. In 2024, employees put in $3.04 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$22,174,300
Participants with balances160
Active participants206
Employer contributions$404,817
Employee contributions$1,232,239
Employer contribution per active participant$1,965
Average account balance$138,589
Benefits paid to participants$1,946,832
Plan auditUnmodified (clean) audit opinion
AuditorBFBA, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$22.2M · 160 accts · $405K emplr
2023$19.3M · 158 accts · $379K emplr
2022$15.4M · 151 accts · $324K emplr
Administrative expenses, itemized · 2024
Investment management$50,415
Total administrative$57,405
The Norcal Rental Group LLC 401(k) match · 2024
Employer contribution per active participant$1,965
Median for plans this size$2,416
2024$1,965 per active participant
2023$1,902 per active participant
2022$1,725 per active participant

Norcal Rental Group LLC's 2024 employer contribution ran below the $2,416 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 · 20244
EMPOWER RETIREMENT ADVISORY SERVICE · Investment management$32,950
CALIFORNIA RETIREMENT PLANS, INC. · Contract administrator$5,750
KESTRA INVESTMENT SERVICESindirect 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$57,405 · 0.28%
2023$44,250 · 0.25%
2022$45,160 · 0.26%
Same employer
Similar plansReal Estate & Leasing · California
Sequoia Equities Inc. CA$23.5M · 0.86%
Fpi Management, Inc. CA$23.2M · 0.09%
Prime Administration, LLC CA$22.1M · 0.06%
Rp Holdings Inc CA$22.1M · 0.34%
Kisco Senior Living, LLC CA$22.0M · 0.33%
Gleiberman Properties Inc. CA$22.0M · 0.77%

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Source: U.S. Department of Labor, Form 5500 series, EIN 943263537 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.