Plan Ledger DOL Form 5500 · updated monthly

Pacific Rim Mechanical Contractors, Inc.401(k)

PACIFIC RIM MECHANICAL CONTRACTORS, INC. 401(K) PLAN · SAN DIEGO, CA · plan year 2024

Reported admin expense ratio · 2024
0.43%

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

Pacific Rim Mechanical Contractors, Inc. reported $321,636 in plan administrative expenses for 2024: 0.43% of average plan assets, higher than ~90% of peers. Employer contributions averaged $2,279 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 0.08% to 0.43%. 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 1,195th-largest of 9,483 plans among California employers on file, and the 743rd of 5,337 in construction. In 2024, employees put in $2.76 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$80,319,580
Participants with balances1,106
Active participants794
Employer contributions$1,809,288
Employee contributions$4,993,004
Employer contribution per active participant$2,279
Average account balance$72,622
Benefits paid to participants$3,634,501
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$80.3M · 1,106 accts · $1.8M emplr
2023$68.1M · 999 accts · $1.9M emplr
2022$57.7M · 1,360 accts · $1.9M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$219,501
Investment management$102,135
Total administrative$321,636
The Pacific Rim Mechanical Contractors, Inc. 401(k) match · 2024
Employer contribution per active participant$2,279
Median for plans this size$3,635
2024$2,279 per active participant
2023$3,023 per active participant
2022$2,504 per active participant

Pacific Rim Mechanical Contractors, Inc.'s 2024 employer contribution ran below the $3,635 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
CREATIVE PLANNING LLC · Investment advisory (plan)$102,135
ECONOMIC GROUP PENSION SERVICES · Contract administrator$5,775
ECONOMIC GROUP PENSION SERVICES$375

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$321,636 · 0.43%
2023$128,412 · 0.20%
2022$51,911 · 0.08%
Same employer
Similar plansConstruction · California
C.W. Driver Contractors CA$84.9M · 0.12%
Morrow Meadows Corporation CA$84.5M · 0.22%

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Source: U.S. Department of Labor, Form 5500 series, EIN 030489033 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.