Plan Ledger DOL Form 5500 · updated monthly

Sierra Pacific Industries401(k)

SIERRA PACIFIC IND EMPLOYEES' RETIREMENT PLAN · REDDING, CA · plan year 2024

Reported admin expense ratio · 2024
0.05%

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

Sierra Pacific Industries reported $322,415 in plan administrative expenses for 2024: 0.05% of average plan assets, below the peer median. Employer contributions averaged $3,274 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 0.05%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other manufacturing employers. By assets it is the 190th-largest of 9,483 plans among California employers on file, and the 453rd of 13,661 in manufacturing. In 2024, employees put in $1.80 for every $1.00 the employer contributed; active participation has grown from 5,510 to 6,207 since 2022.

Plan summary
Net assets, end of year$675,144,732
Participants with balances7,927
Active participants6,207
Employer contributions$20,324,460
Employee contributions$36,572,578
Employer contribution per active participant$3,274
Average account balance$85,170
Benefits paid to participants$71,496,864
Plan auditUnmodified (clean) audit opinion
AuditorBAKER TILLY US, LP
Plan history3
Yearassets · accounts · employer contribution
2024$675.1M · 7,927 accts · $20.3M emplr
2023$614.6M · 7,667 accts · $15.4M emplr
2022$540.4M · 7,356 accts · $14.8M emplr
The Sierra Pacific Industries 401(k) match · 2024
Employer contribution per active participant$3,274
Median for plans this size$4,294
2024$3,274 per active participant
2023$2,630 per active participant
2022$2,689 per active participant

Sierra Pacific Industries's 2024 employer contribution ran below the $4,294 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 · 20243
THE VANGUARD GROUP, INC · Recordkeeping · Consulting$297,051
MOSS ADAMS · Accounting / audit$23,100
FENNEMORE CRAIG PC · Legal$2,264

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

Recordkeeper by year2
2024Vanguard
2023Vanguard

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$322,415 · 0.05%
2023$347,604 · 0.06%
2022$229,904 · 0.04%
Same employer
Similar plansManufacturing · California
Levi Strauss & Co. CA$1.0B · 0.05%
Viavi Solutions Inc. CA$728.6M · 0.05%
Biomarin Pharmaceutical Inc. CA$715.0M · 0.01%
Icu Medical, Inc. CA$674.1M · 0.07%
Cubic Corporation CA$648.7M · 0.09%
Envista Holdings Corporation CA$591.6M · 0.06%
Sanmina Corporation CA$590.4M · 0.06%

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Source: U.S. Department of Labor, Form 5500 series, EIN 680396272 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.