Plan Ledger DOL Form 5500 · updated monthly

Rosendin Electric401(k)

ROSENDIN ELECTRIC 401(K) SAVINGS PLAN · SAN JOSE, CA · plan year 2024

Reported admin expense ratio · 2024
0.04%

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

Rosendin Electric reported $59,305 in plan administrative expenses for 2024: 0.04% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,427 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 0.09% to 0.04%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other construction employers. By assets it is the 595th-largest of 9,483 plans among California employers on file, and the 370th of 5,337 in construction. In 2024, employees put in $5.19 for every $1.00 the employer contributed; active participation has grown from 1,866 to 2,243 since 2022.

Plan summary
Net assets, end of year$186,451,573
Participants with balances2,568
Active participants2,243
Employer contributions$3,199,798
Employee contributions$16,617,046
Employer contribution per active participant$1,427
Average account balance$72,606
Benefits paid to participants$15,499,609
Plan auditUnmodified (clean) audit opinion
AuditorABBOTT, STRINGHAM & LYNCH
Plan history3
Yearassets · accounts · employer contribution
2024$186.5M · 2,568 accts · $3.2M emplr
2023$152.1M · 2,242 accts · $3.1M emplr
2022$120.0M · 2,113 accts · $2.8M emplr
Administrative expenses, itemized · 2024
Investment management$96,678
Total administrative$59,305
The Rosendin Electric 401(k) match · 2024
Employer contribution per active participant$1,427
Median for plans this size$3,635
2024$1,427 per active participant
2023$1,553 per active participant
2022$1,477 per active participant

Rosendin Electric's 2024 employer contribution ran below the $3,635 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.

Service providers · 20242
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$96,678
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processingindirect comp

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$59,305 · 0.04%
2023$81,434 · 0.06%
2022$114,339 · 0.09%
Same employer
Similar plansConstruction · California
Prs Holdings, Inc. CA$193.1M · 0.00%
Helix Electric, Inc. CA$179.2M · 0.24%
Griffith Company CA$173.1M · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 941242813 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.