Plan Ledger DOL Form 5500 · updated monthly

Pavement Engineering Inc.401(k)

PAVEMENT ENGINEERING INC. 401(K) SAVINGS & PROFIT SHARING PLAN · SAN LUIS OBISPO, CA · plan year 2024

Reported admin expense ratio · 2024
0.77%

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

Pavement Engineering Inc. reported $67,524 in plan administrative expenses for 2024: 0.77% of average plan assets, above the peer median. Employer contributions averaged $5,873 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 fell from 0.84% to 0.77%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in California (5,483rd of 9,483), and 8,029th of 11,654 in professional & technical services. In 2024, the employer put in $1.57 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$9,899,450
Participants with balances135
Active participants86
Employer contributions$505,072
Employee contributions$322,644
Employer contribution per active participant$5,873
Average account balance$73,329
Benefits paid to participants$334,237
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$9.9M · 135 accts · $505K emplr
2023$7.7M · 134 accts · $411K emplr
2022$6.1M · 120 accts · $402K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$4,299
Trustee / custodial$63,225
Total administrative$67,524
The Pavement Engineering Inc. 401(k) match · 2024
Employer contribution per active participant$5,873
Median for plans this size$1,313
2024$5,873 per active participant
2023$4,833 per active participant
2022$4,907 per active participant

Pavement Engineering Inc.'s 2024 employer contribution ran above the $1,313 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 · 20241
EXCHANGE BANK · Trustee$63,225

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$67,524 · 0.77%
2023$54,845 · 0.80%
2022$54,616 · 0.84%
Similar plansProfessional & Technical Services · California
Kodiak Robotics, Inc. CA$10.0M · 0.01%
Tenaya Therapeutics, Inc. CA$10.0M · 0.36%
Srs Consulting, Inc CA$9.9M · 0.02%
Just Media, Inc. CA$9.9M · 0.60%
Raintree Systems, Inc. CA$9.8M · 0.42%
U.S. Cad CA$9.8M · 0.76%

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Source: U.S. Department of Labor, Form 5500 series, EIN 680461866 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.