Palm Engineering Construction Company Inc.401(k)

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

Palm Engineering Construction Company Inc. reported $24,283 in plan administrative expenses for 2024: 2.56% of average plan assets, higher than ~75% of peers. Employer contributions averaged $5,114 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 2.20% to 2.56%. The plan sits in the under $1M size bracket, benchmarked here against 1,109 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in California (8,809th of 9,483), and 5,097th of 5,337 in construction. In 2024, the employer put in $116.53 for every $1.00 employees contributed themselves; active participation has grown from 62 to 69 since 2022.