Plan Ledger DOL Form 5500 · updated monthly

Norman Wright Mechanical Equipment Corp.401(k)

NORMAN WRIGHT MECHANICAL EQUIPMENT CORP. 401(K) PROFIT SHARING PLAN · BRISBANE, CA · plan year 2024

Reported admin expense ratio · 2024
0.02%

Norman Wright Mechanical Equipment Corp. reported $10,449 in plan administrative expenses for 2024: 0.02% 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 2 years on file its reported administrative ratio rose from 0.01% to 0.02%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other other services employers. By assets it is the 1,399th-largest of 9,483 plans among California employers on file, and the 324th of 3,341 in other services.

Plan summary
Net assets, end of year$65,917,288
Participants with balances217
Active participants181
Employer contributions—
Employee contributions$2,425,200
Employer contribution per active participant—
Average account balance$303,766
Benefits paid to participants$5,194,945
Plan auditUnmodified (clean) audit opinion
AuditorAPRIO
Plan history3
Yearassets · accounts · employer contribution
2024$65.9M · 217 accts
2023$60.0M · 217 accts
2022$51.5M · 207 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.

Service providers · 20241
THE VANGUARD GROUP, INC. · Recordkeeping · Consulting$10,519

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

Recordkeeper by year2
2024Vanguard
2023Vanguard

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

Administrative cost history3
2024$10,449 · 0.02%
2023$5,702 · 0.01%
2022$5,456 · 0.01%
All plans at this employer2
NORMAN WRIGHT MECHANICAL EQUIPMENT CORP. 401(K) PROFIT SHARING PLAN401(k)
NORMAN S. WRIGHT MECHANICAL EQUIPMENT CORP EMPLOYEE STOCK OWNERSHIP PLANESOP
Same employer
Similar plansOther Services · California
Mission Linen Supply CA$72.8M · 0.28%
Sierra Club CA$67.3M
The California Endowment CA$63.3M · 0.07%

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Source: U.S. Department of Labor, Form 5500 series, EIN 942872220 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.