Plan Ledger DOL Form 5500 · updated monthly

Silverado Contractors, Inc.401(k)

SILVERADO CONTRACTORS, INC. 401(K) PLAN · OAKLAND, CA · plan year 2024

Reported admin expense ratio · 2024
0.25%

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

Silverado Contractors, Inc. reported $53,646 in plan administrative expenses for 2024: 0.25% of average plan assets, below the peer median. Employer contributions averaged -$259 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 0.41% to 0.25%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other construction employers. By assets it is the 3,243rd-largest of 9,483 plans among California employers on file, and the 1,811th of 5,337 in construction. active participation has grown from 98 to 117 since 2022.

Plan summary
Net assets, end of year$23,528,807
Participants with balances136
Active participants117
Employer contributions-$30,317
Employee contributions$1,150,371
Employer contribution per active participant-$259
Average account balance$173,006
Benefits paid to participants$998,546
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$23.5M · 136 accts
2023$18.8M · 130 accts · $867K emplr
2022$15.0M · 126 accts · $812K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$53,646
Total administrative$53,646
The Silverado Contractors, Inc. 401(k) match · 2024
Employer contribution per active participant-$259
Median for plans this size$2,416
2023$8,420 per active participant
2022$8,287 per active participant

Silverado Contractors, 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 · 20242
TRANSAMERICA RETIREMENT SOLUTIONS · Recordkeeping · Loan processing$53,413
JOHN HANCOCK · Recordkeeping$233

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

Recordkeeper by year2
2024John Hancock, Transamerica
2023NICHOLAS PENSION CONSULTANTS, Transamerica

This plan has changed recordkeepers within these filings. If you left Silverado Contractors, Inc. before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$53,646 · 0.25%
2023$69,976 · 0.41%
2022$63,558 · 0.41%
Similar plansConstruction · California
Sprig Electric CA$24.6M · 0.21%
Standard Drywall, Inc. CA$23.9M · 0.40%
R.J. Noble Company CA$23.9M · 0.57%
Gci, Inc. CA$23.7M · 0.39%
Robert a. Bothman, Inc. CA$23.2M · 0.24%
Sobrato Organization CA$23.1M · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 943367658 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.