Plan Ledger DOL Form 5500 · updated monthly

Pearce Services, LLC401(k)

PEARCE SERVICES, LLC 401(K) PROFIT SHARING PLAN · PASO ROBLES, CA · plan year 2024

Reported admin expense ratio · 2024
0.62%

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

Pearce Services, LLC reported $181,706 in plan administrative expenses for 2024: 0.62% of average plan assets, higher than ~75% of peers. Employer contributions averaged $793 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 0.51% to 0.62%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other information & media employers. By assets it is the 2,467th-largest of 9,483 plans among California employers on file, and the 720th of 2,199 in information & media. In 2024, employees put in $2.69 for every $1.00 the employer contributed; active participation has grown from 1,738 to 2,531 since 2022.

Plan summary
Net assets, end of year$33,581,355
Participants with balances1,143
Active participants2,531
Employer contributions$2,006,310
Employee contributions$5,396,357
Employer contribution per active participant$793
Average account balance$29,380
Benefits paid to participants$4,246,813
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$33.6M · 1,143 accts · $2.0M emplr
2023$25.2M · 925 accts · $1.5M emplr
2022$19.0M · 815 accts · $1.4M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$115,105
Investment management$66,601
Total administrative$181,706
The Pearce Services, LLC 401(k) match · 2024
Employer contribution per active participant$793
Median for plans this size$2,416
2024$793 per active participant
2023$773 per active participant
2022$834 per active participant

Pearce Services, LLC's 2024 employer contribution ran below the $2,416 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
STANCORP FINANCIAL GROUP · Claims processing · Recordkeeping$115,151
FINANCIAL COUNSELING RESOURCES, LLC · Investment advisory (plan)$66,601
CHARLES SCHWAB · Custodial (securities)indirect comp

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

Recordkeeper by year2
2024The Standard
2023The Standard

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$181,706 · 0.62%
2023$146,957 · 0.67%
2022$97,985 · 0.51%
Same employer
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Flynt Management Group LLC CA$34.4M · 0.51%
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Leantaas, Inc. CA$33.8M · 0.44%
Catamorphic Co. CA$33.1M · 0.31%
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Wealthfront Corporation CA$32.9M · 0.01%
Tebra Technologies, Inc. CA$32.7M · 0.28%

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Source: U.S. Department of Labor, Form 5500 series, EIN 465721882 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.