Plan Ledger DOL Form 5500 · updated monthly

Security Contractor Services, Inc.401(k)

SECURITY CONTRACTOR SERVICES, INC. 401(K) PLAN · NORTH HIGHLANDS, CA · plan year 2024

Reported admin expense ratio · 2024
1.03%

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

Security Contractor Services, Inc. reported $57,296 in plan administrative expenses for 2024: 1.03% 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 2 years on file its reported administrative ratio rose from 0.97% to 1.03%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other wholesale trade employers. By assets it is among the smaller plans on file in California (6,758th of 9,483), and 3,539th of 4,246 in wholesale trade. active participation has grown from 183 to 233 since 2022.

Plan summary
Net assets, end of year$5,760,759
Participants with balances213
Active participants233
Employer contributions$0
Employee contributions$703,894
Employer contribution per active participant$0
Average account balance$27,046
Benefits paid to participants$795,575
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$5.8M · 213 accts
2023$5.3M · 177 accts
2022$4.7M · 175 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$28,590
Investment management$28,706
Total administrative$57,296
The Security Contractor Services, Inc. 401(k) match · 2024
Employer contribution per active participant$0
Median for plans this size$1,313

Security Contractor Services, Inc.'s 2024 employer contribution ran below the $1,313 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
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$28,590
GLOBAL RETIREMENT PARTNERS LLC · Investment advisory (plan)$26,474

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$57,296 · 1.03%
2023$47,831 · 0.95%
2022$47,914 · 0.97%
Same employer
Similar plansWholesale Trade · California
Headstart Nursery, Inc. CA$6.0M · 0.49%
All-Tex, Inc. CA$6.0M · 0.33%
Hyper Ice, Inc. CA$5.9M · 0.04%
Sgii, Inc. CA$5.8M · 0.45%
S.J. Distributors, LLC CA$5.7M · 0.08%
88 International, Inc. CA$5.7M · 0.12%
Wang Globalnet CA$5.6M · 0.25%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 941552441 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.