Plan Ledger DOL Form 5500 · updated monthly

Pwlc II Inc401(k)

PWLC II INC 401(K) PROFIT SHARING PLAN & TRUST · INDIO, CA · plan year 2024

Reported admin expense ratio · 2024
3.20%

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

Pwlc II Inc reported $7,087 in plan administrative expenses for 2024: 3.20% of average plan assets, higher than ~75% of peers. Employer contributions averaged $0 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 3.196%. The plan sits in the under $1M size bracket, benchmarked here against 1,109 comparable plans and shown alongside other other services employers. By assets it is among the smaller plans on file in California (9,199th of 9,483), and 3,230th of 3,341 in other services. active participation has grown from 128 to 208 since 2022.

Plan summary
Net assets, end of year$276,841
Participants with balances123
Active participants208
Employer contributions$0
Employee contributions$113,836
Employer contribution per active participant$0
Average account balance$2,251
Benefits paid to participants$27,432
Plan auditUnmodified (clean) audit opinion
AuditorERIN PERDUE CPA, LLC
Plan history3
Yearassets · accounts · employer contribution
2024$277K · 123 accts
2023$167K · 116 accts
2022$81K · 167 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$4,935
Investment management$1,292
Trustee / custodial$860
Total administrative$7,087
The Pwlc II Inc 401(k) match · 2024
Employer contribution per active participant$0
Median for plans this size$540

Pwlc II Inc's 2024 employer contribution ran below the $540 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.

Administrative cost history3
2024$7,087 · 3.20%
2023$8,218 · 6.65%
2022$1,731 · 3.20%
Similar plansOther Services · California
Vstyles, Inc. CA$476K · 2.03%
Family Pet Mortuary, Inc. CA$475K · 0.71%
Pacific Drive-Ins LLC CA$413K · 6.03%
Mamelita, Inc. CA$214K · 0.03%
Trius Trucking Inc CA$195K · 8.74%

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Source: U.S. Department of Labor, Form 5500 series, EIN 510532726 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.