Plan Ledger DOL Form 5500 · updated monthly

Porter Scott, a Professional Corporation401(k)

PORTER SCOTT, APC 401(K) PLAN · SACRAMENTO, CA · plan year 2024

Reported admin expense ratio · 2024
0.28%

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

Porter Scott, a Professional Corporation reported $61,151 in plan administrative expenses for 2024: 0.28% of average plan assets, below the peer median. Employer contributions averaged $5,110 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 0.29% to 0.28%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 3,217th-largest of 9,483 plans among California employers on file, and the 4,937th of 11,654 in professional & technical services. In 2024, employees put in $1.62 for every $1.00 the employer contributed; active participation has grown from 83 to 97 since 2022.

Plan summary
Net assets, end of year$23,784,447
Participants with balances150
Active participants97
Employer contributions$495,672
Employee contributions$801,998
Employer contribution per active participant$5,110
Average account balance$158,563
Benefits paid to participants$243,540
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$23.8M · 150 accts · $496K emplr
2023$20.3M · 136 accts · $233K emplr
2022$17.8M · 120 accts · $625K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$50,471
Investment management$10,680
Total administrative$61,151
The Porter Scott, a Professional Corporation 401(k) match · 2024
Employer contribution per active participant$5,110
Median for plans this size$2,416
2024$5,110 per active participant
2023$2,706 per active participant
2022$7,530 per active participant

Porter Scott, a Professional Corporation's 2024 employer contribution ran above the $2,416 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 · 20242
JOHN HANCOCK USA · Recordkeeping · Investment management$50,472
CAPFINANCIAL PARTNERS LLC · Investment advisory (plan)$10,680

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

Recordkeeper by year2
2024John Hancock
2023John Hancock

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

Administrative cost history3
2024$61,151 · 0.28%
2023$63,607 · 0.33%
2022$58,015 · 0.29%
Similar plansProfessional & Technical Services · California
Frazer, LLP CA$24.0M · 1.39%
Testan Law Apc CA$23.9M · 0.38%
Infostretch Corporation CA$23.8M · 0.23%
Lido Consulting, LLC CA$23.6M · 0.00%
Dyntek, Inc. CA$23.6M · 0.27%

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Source: U.S. Department of Labor, Form 5500 series, EIN 942515991 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.