Plan Ledger DOL Form 5500 · updated monthly

Rick Engineering Company401(k)

RICK ENGINEERING 401(K) RETIREMENT SAVINGS PLAN · SAN DIEGO, CA · plan year 2024

Reported admin expense ratio · 2024
0.30%

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

Rick Engineering Company reported $173,461 in plan administrative expenses for 2024: 0.30% of average plan assets, higher than ~75% of peers. Employer contributions averaged $3,199 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 0.32% to 0.30%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other professional & technical services employers. By assets it is the 1,465th-largest of 9,483 plans among California employers on file, and the 2,256th of 11,654 in professional & technical services. In 2024, employees put in $2.85 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$63,022,583
Participants with balances516
Active participants394
Employer contributions$1,260,446
Employee contributions$3,596,018
Employer contribution per active participant$3,199
Average account balance$122,137
Benefits paid to participants$4,898,719
Plan auditUnmodified (clean) audit opinion
AuditorALDRICH CPA'S AND ADVISORS LLP
Plan history3
Yearassets · accounts · employer contribution
2024$63.0M · 516 accts · $1.3M emplr
2023$54.2M · 510 accts · $1.0M emplr
2022$43.6M · 486 accts · $994K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$52,881
Investment management$120,580
Total administrative$173,461
The Rick Engineering Company 401(k) match · 2024
Employer contribution per active participant$3,199
Median for plans this size$3,635
2024$3,199 per active participant
2023$2,706 per active participant
2022$2,535 per active participant

Rick Engineering Company's 2024 employer contribution ran below the $3,635 median for plans its size. 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 · 20244
TRANSAMERICA RETIREMENT SOLUTIONS · Claims processing · Recordkeeping$52,881
ACCELERATE RETIREMENT · Investment advisory (plan)$120,569
CHARLES SCHWAB & CO., INC · Securities brokerage$11
NATIONAL FINANCIAL SERVICES · Securities brokerageindirect 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
2024Transamerica
2023Transamerica

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Administrative cost history3
2024$173,461 · 0.30%
2023$160,479 · 0.33%
2022$151,561 · 0.32%
All plans at this employer2
RICK ENGINEERING COMPANY PROFIT SHARING PLAN AND TRUSTProfit-sharing plan
RICK ENGINEERING 401(K) RETIREMENT SAVINGS PLAN401(k)
Same employer
Similar plansProfessional & Technical Services · California
Rigel Pharmaceuticals Inc. CA$64.3M · 0.04%
Automation Anywhere, Inc. CA$64.2M · 0.04%
Bill.com, LLC CA$63.3M · 0.07%
Userzoom Technologies, Inc. CA$62.5M · 0.09%
Userzoom Technologies, Inc. CA$62.5M · 0.09%
Imperva, Inc. CA$62.5M · 0.03%

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Source: U.S. Department of Labor, Form 5500 series, EIN 951859899 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.