Plan Ledger DOL Form 5500 · updated monthly

Park Ventures, LLC401(k)

PARK VENTURES, LLC AND AFFILIATES 401(K) RETIREMENT PLAN · EL SEGUNDO, CA · plan year 2024

Reported admin expense ratio · 2024
0.70%

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

Park Ventures, LLC reported $56,364 in plan administrative expenses for 2024: 0.70% of average plan assets, above the peer median. Employer contributions averaged $251 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 0.70%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in California (5,808th of 9,483), and 3,279th of 5,337 in construction. In 2024, employees put in $28.20 for every $1.00 the employer contributed; active participation has grown from 59 to 66 since 2022.

Plan summary
Net assets, end of year$8,754,226
Participants with balances190
Active participants66
Employer contributions$16,545
Employee contributions$466,569
Employer contribution per active participant$251
Average account balance$46,075
Benefits paid to participants$512,762
Plan auditUnmodified (clean) audit opinion
AuditorLEE CPA GROUP AUDIT GROUP
Plan history3
Yearassets · accounts · employer contribution
2024$8.8M · 190 accts · $17K emplr
2023$7.3M · 193 accts · $16K emplr
2022$6.2M · 191 accts · $14K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$31,950
Investment management$15,734
Audit (IQPA)$8,514
Trustee / custodial$166
Total administrative$56,364
The Park Ventures, LLC 401(k) match · 2024
Employer contribution per active participant$251
Median for plans this size$1,313
2024$251 per active participant
2023$275 per active participant
2022$233 per active participant

Park Ventures, LLC's 2024 employer contribution ran below the $1,313 median for plans its size, in the bottom 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 · 20243
TRANSAMERICA RETIREMENT SOLUTIONS · Recordkeeping · Loan processing$31,950
CETERA INVESTMENT ADVISERS LLC · Investment advisory (plan)$15,733
LEE CPA AUDIT GROUP · Accounting / audit$8,514

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

Recordkeeper by year2
2024Transamerica
2023Transamerica

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Administrative cost history3
2024$56,364 · 0.70%
2023$62,260 · 0.92%
2022$45,437 · 0.67%
Similar plansConstruction · California
Danco Builders CA$8.9M · 0.26%
Dow Hydraulic Systems CA$8.8M · 0.19%
Freedom Forever LLC CA$8.8M · 1.01%
The Grupe Company CA$8.6M · 0.32%
Modern Building, Inc. CA$8.6M · 0.66%

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Source: U.S. Department of Labor, Form 5500 series, EIN 843736705 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.