Plan Ledger DOL Form 5500 · updated monthly

Rk Electric, Inc.401(k)

RK ELECTRIC, INC. 401(K) PROFIT SHARING PLAN AND TRUST · FREMONT, CA · plan year 2024

Reported admin expense ratio · 2024
0.06%

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

Rk Electric, Inc. reported $23,703 in plan administrative expenses for 2024: 0.06% of average plan assets, lower than ~75% of peers. Employer contributions averaged $5,163 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 rose from 0.04% to 0.06%. 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 1,999th-largest of 9,483 plans among California employers on file, and the 1,174th of 5,337 in construction. In 2024, employees put in $1.27 for every $1.00 the employer contributed; active participation has grown from 169 to 318 since 2022.

Plan summary
Net assets, end of year$43,183,003
Participants with balances456
Active participants318
Employer contributions$1,641,908
Employee contributions$2,087,882
Employer contribution per active participant$5,163
Average account balance$94,700
Benefits paid to participants$1,917,810
Plan auditUnmodified (clean) audit opinion
AuditorJOHANSON & YAU ACCOUNTANCY CORPORAT
Plan history3
Yearassets · accounts · employer contribution
2024$43.2M · 456 accts · $1.6M emplr
2023$33.7M · 230 accts · $228K emplr
2022$30.4M · 227 accts · $1.2M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$15,890
Trustee / custodial$7,813
Total administrative$23,703
The Rk Electric, Inc. 401(k) match · 2024
Employer contribution per active participant$5,163
Median for plans this size$2,416
2024$5,163 per active participant
2023$1,358 per active participant
2022$6,904 per active participant

Rk Electric, 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 · 20242
PRIMARK BENEFITS · Contract administrator$15,890
CHARLES SCHWAB · Trustee$7,813

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

Administrative cost history3
2024$23,703 · 0.06%
2023$3,384 · 0.01%
2022$11,946 · 0.04%
Same employer
Similar plansConstruction · California
Hps Mechanical, Inc. CA$43.8M · 0.09%
Electek CA$42.1M · 0.00%
Champions Group CA$42.1M · 0.40%

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Source: U.S. Department of Labor, Form 5500 series, EIN 770058878 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.