Plan Ledger DOL Form 5500 · updated monthly

Pacific Steel Group401(k)

PACIFIC STEEL GROUP 401(K) PLAN · SAN DIEGO, CA · plan year 2024

Reported admin expense ratio · 2024
0.14%

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

Pacific Steel Group reported $38,972 in plan administrative expenses for 2024: 0.14% of average plan assets, below the peer median. Employer contributions averaged $4,892 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 3 years on file its reported administrative ratio has held roughly steady near 0.139%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other construction employers. By assets it is the 2,610th-largest of 9,483 plans among California employers on file, and the 1,491st of 5,337 in construction. In 2024, employees put in $1.24 for every $1.00 the employer contributed; active participation has shrunk from 416 to 348 since 2022.

Plan summary
Net assets, end of year$31,109,416
Participants with balances283
Active participants348
Employer contributions$1,702,307
Employee contributions$2,110,719
Employer contribution per active participant$4,892
Average account balance$109,927
Benefits paid to participants$2,780,746
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$31.1M · 283 accts · $1.7M emplr
2023$25.1M · 304 accts · $1.4M emplr
2022$18.8M · 279 accts · $1.3M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$1,045
Investment management$37,927
Total administrative$38,972
The Pacific Steel Group 401(k) match · 2024
Employer contribution per active participant$4,892
Median for plans this size$2,416
2024$4,892 per active participant
2023$3,504 per active participant
2022$3,127 per active participant

Pacific Steel Group's 2024 employer contribution ran above the $2,416 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 · 20242
ONEDIGITAL INVESTMENT ADVISORS LLC · Investment advisory (plan)$37,927
JPMORGAN INVEST HOLDINGS LLC$1,045

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$38,972 · 0.14%
2023$30,161 · 0.14%
2022$27,456 · 0.14%
Same employer
Similar plansConstruction · California
Control Air Enterprises LLC CA$32.1M · 0.14%
Villara Corporation CA$31.8M · 0.80%
Toscana Limited, L.P. CA$31.7M · 0.02%
Kprs Construction CA$31.4M · 0.34%
Green Valley Corporation CA$31.0M · 0.05%
Mechanical Holdings, Inc. CA$30.8M · 0.02%
McH Electric, Inc. CA$30.1M · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 472055284 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.