Plan Ledger DOL Form 5500 · updated monthly

Silverline Construction, Inc.401(k)

SILVERLINE CONSTRUCTION, INC. 401(K) PLAN · GARDENA, CA · plan year 2024

Reported admin expense ratio · 2024
0.37%

Silverline Construction, Inc. reported $25,166 in plan administrative expenses for 2024: 0.37% of average plan assets, below the peer median. 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 0.22% to 0.37%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in California (6,244th of 9,483), and 3,520th of 5,337 in construction. active participation has shrunk from 310 to 277 since 2022.

Plan summary
Net assets, end of year$7,307,494
Participants with balances841
Active participants277
Employer contributions—
Employee contributions$842,506
Employer contribution per active participant—
Average account balance$8,689
Benefits paid to participants$582,623
Plan auditUnmodified (clean) audit opinion
AuditorSTEPHEN, REIDINGER & BELLER LLP
Plan history3
Yearassets · accounts · employer contribution
2024$7.3M · 841 accts
2023$6.4M · 818 accts
2022$5.2M · 771 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$17,466
Audit (IQPA)$7,700
Total administrative$25,166
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.

Administrative cost history3
2024$25,166 · 0.37%
2023$23,996 · 0.41%
2022$11,540 · 0.22%
Same employer
Similar plansConstruction · California
Don's Mobile Glass, Inc. CA$7.5M · 0.80%

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Source: U.S. Department of Labor, Form 5500 series, EIN 943347687 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.