Plan Ledger DOL Form 5500 · updated monthly

Sierra Pacific Mortgage Company, Inc.401(k)

SIERRA PACIFIC MORTGAGE COMPANY, INC. 401(K) PROFIT SHARING PLAN · FOLSOM, CA · plan year 2024

Reported admin expense ratio · 2024
0.36%

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

Sierra Pacific Mortgage Company, Inc. reported $132,039 in plan administrative expenses for 2024: 0.36% of average plan assets, above the peer median. 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 3 years on file its reported administrative ratio rose from 0.01% to 0.39%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other finance & insurance employers. By assets it is the 2,233rd-largest of 9,483 plans among California employers on file, and the 2,047th of 4,798 in finance & insurance.

Plan summary
Net assets, end of year$37,925,375
Participants with balances574
Active participants426
Employer contributions$0
Employee contributions$2,199,318
Employer contribution per active participant$0
Average account balance$66,072
Benefits paid to participants$6,533,266
Plan auditUnmodified (clean) audit opinion
Plan history4
Yearassets · accounts · employer contribution
2025$30.0M · 378 accts
2024$37.9M · 574 accts
2023$36.2M · 584 accts
2022$33.9M · 656 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$56,426
Investment management$75,613
Total administrative$132,039
The Sierra Pacific Mortgage Company, Inc. 401(k) match · 2024
Employer contribution per active participant$0
Median for plans this size$2,416

Sierra Pacific Mortgage Company, Inc.'s 2024 employer contribution ran below the $2,416 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 · 20243
MORGAN STANLEY SMITH BARNEY LLC · Investment advisory (participants)$75,613
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$56,426
MORGAN STANLEY SMITH BARNEYindirect comp

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

Administrative cost history4
2025$131,651 · 0.39%
2024$132,039 · 0.36%
2023$10,978 · 0.03%
2022$5,075 · 0.01%
Same employer
Similar plansFinance & Insurance · California
Pmi Mortgage Insurance Co. CA$38.6M · 0.08%
Meriwest Credit Union CA$37.5M · 0.37%
Spoton Technologies, Inc. CA$37.3M · 0.51%
Collectivehealth, Inc CA$37.1M · 0.28%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 680101170 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.