Plan Ledger DOL Form 5500 · updated monthly

Plumbing Concepts, Inc.401(k)

PLUMBING CONCEPTS, INC PROFIT SHARING & 401K PLAN · CORONA, CA · plan year 2022

Reported admin expense ratio · 2022
1.11%

Plumbing Concepts, Inc. reported $21,376 in plan administrative expenses for 2022: 1.11% of average plan assets, higher than ~90% of peers. 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in California (8,419th of 9,483), and 4,902nd of 5,337 in construction.

Plan summary
Net assets, end of year$1,753,298
Participants with balances61
Active participants168
Employer contributions—
Employee contributions$134,982
Employer contribution per active participant—
Average account balance$28,743
Benefits paid to participants$120,826
Plan auditUnmodified (clean) audit opinion
AuditorOLMSTED & ASSOC. ACCOUNTANCY CORP.
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$21,376
Total administrative$21,376
What these fees cost you

Annual cost at the plan's reported 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$21,376 · 1.11%
Similar plansConstruction · California
Royal West Drywall, Inc. CA$1.8M · 1.34%
Core Contracting, Inc. CA$1.7M · 1.21%

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Source: U.S. Department of Labor, Form 5500 series, EIN 330072293 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.