Severson Group, Inc.ESOP
SEVERSON GROUP EMPLOYEE STOCK OWNERSHIP PLAN · LOS ALAMITOS, CA · plan year 2023
Peer grade: A · admin costs + employer contributions vs same-size plans · how grading works
Severson Group, Inc. reported $60 in plan administrative expenses for 2023: 0.00% of average plan assets, lower than ~75% of peers. Employer contributions averaged $10,366 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 1 year on file its reported administrative ratio fell from 0.000% to 0.000%. The plan sits in the $50M–$250M size bracket, benchmarked here against 9,317 comparable plans and shown alongside other construction employers. By assets it is the 1,584th-largest of 9,483 plans among California employers on file, and the 945th of 5,337 in construction.
Severson Group, Inc.'s 2023 employer contribution ran above the $3,659 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.
Annual cost at the plan's reported 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.
Why are you looking at this plan?
Source: U.S. Department of Labor, Form 5500 series, EIN 951550927 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.