Plan Ledger DOL Form 5500 · updated monthly

Skeffington Enterprises, Inc401(k)

SKEFFINGTON ENTERPRISES, INC. 401(K) PLAN · SANTA ANA, CA · plan year 2024

Reported admin expense ratio · 2024
0.20%

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

Skeffington Enterprises, Inc reported $23,832 in plan administrative expenses for 2024: 0.20% of average plan assets, below the peer median. Employer contributions averaged $4,492 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 0.22% to 0.20%. 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 among the smaller plans on file in California (4,791st of 9,483), and 2,700th of 5,337 in construction. In 2024, the employer put in $1.63 for every $1.00 employees contributed themselves; active participation has grown from 121 to 164 since 2022.

Plan summary
Net assets, end of year$12,890,976
Participants with balances191
Active participants164
Employer contributions$736,643
Employee contributions$452,061
Employer contribution per active participant$4,492
Average account balance$67,492
Benefits paid to participants$586,299
Plan auditDisclaimer of opinion
AuditorLENNY YEH, INC
Plan history3
Yearassets · accounts · employer contribution
2024$12.9M · 191 accts · $737K emplr
2023$11.0M · 191 accts · $709K emplr
2022$9.6M · 171 accts · $482K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$3,364
Total administrative$23,832
The Skeffington Enterprises, Inc 401(k) match · 2024
Employer contribution per active participant$4,492
Median for plans this size$2,416
2024$4,492 per active participant
2023$4,325 per active participant
2022$3,984 per active participant

Skeffington Enterprises, Inc's 2024 employer contribution ran above the $2,416 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.

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
JOHN HANCOCK LIFE INSURANCE COMPANY · Recordkeeping · Investment managementindirect comp
PROVENIO CAPITAL MANAGEMENT · Investment advisory (participants)indirect comp
HICKS PENSION GROUP · Contract administratorindirect comp

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
2023John Hancock

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Administrative cost history3
2024$23,832 · 0.20%
2023$21,799 · 0.21%
2022$23,336 · 0.22%
Similar plansConstruction · California
Saarman Construction, LTD. CA$13.2M · 0.37%
M Bar C Construction, Inc. CA$12.9M · 0.30%
Hillcrest Contracting, Inc. CA$12.8M · 0.65%
Westech Systems, LLC CA$12.7M · 0.68%

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Source: U.S. Department of Labor, Form 5500 series, EIN 770325807 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.