Plan Ledger DOL Form 5500 · updated monthly

R.D.M. Electric Co., Inc.Profit-sharing plan

R.D.M. ELECTRIC CO., INC. PROFIT SHARING PLAN · ONTARIO, CA · plan year 2024

Reported admin expense ratio · 2024
0.33%

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

R.D.M. Electric Co., Inc. reported $94,727 in plan administrative expenses for 2024: 0.33% of average plan assets, above the peer median. Employer contributions averaged $13,711 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 0.38% to 0.33%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other construction employers. By assets it is the 2,705th-largest of 9,483 plans among California employers on file, and the 1,547th of 5,337 in construction.

Plan summary
Net assets, end of year$29,539,528
Participants with balances194
Active participants183
Employer contributions$2,509,061
Employee contributions—
Employer contribution per active participant$13,711
Average account balance$152,266
Benefits paid to participants$3,116,507
Plan auditUnmodified (clean) audit opinion
AuditorMICHAEL J. CONKEY & ASSOCIATES
Plan history3
Yearassets · accounts · employer contribution
2024$29.5M · 194 accts · $2.5M emplr
2023$27.4M · 216 accts · $2.8M emplr
2022$23.2M · 229 accts · $3.3M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$16,915
Investment management$65,954
Trustee / custodial$11,858
Total administrative$94,727
Employer contributions to the R.D.M. Electric Co., Inc. plan · 2024
Employer contribution per active participant$13,711
Median for plans this size$2,416
2024$13,711 per active participant
2023$13,663 per active participant
2022$16,277 per active participant

R.D.M. Electric Co., Inc.'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 · 20243
CALIFORNIA PENSION ADMIN · Plan administrator · Recordkeeping$16,915
CHARLES W. MASON & ASSOCIATES, INC. · Investment advisory (participants) · Investment advisory (plan)$65,954
MG TRUST LLC & MSCS LLC · Custodial (securities)$11,858

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

Recordkeeper by year2
2024CALIFORNIA PENSION ADMIN
2023CALIFORNIA PENSION ADMIN

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

Administrative cost history3
2024$94,727 · 0.33%
2023$91,375 · 0.36%
2022$91,258 · 0.38%
Same employer
Similar plansConstruction · California
Mechanical Holdings, Inc. CA$30.8M · 0.02%
McH Electric, Inc. CA$30.1M · 0.01%
Kinetic Systems, Inc. CA$29.8M · 0.29%
Largo Concrete, Inc. CA$29.2M · 0.45%
Dryco Construction, Inc. CA$28.3M · 0.39%

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Source: U.S. Department of Labor, Form 5500 series, EIN 954134154 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.