Plan Ledger DOL Form 5500 · updated monthly

Solar Optimum401(k)

SOLAR OPTIMUM 401(K) PLAN · GLENDALE, CA · plan year 2024

Reported admin expense ratio · 2024
0.75%

Solar Optimum reported $2,628 in plan administrative expenses for 2024: 0.75% 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.

The plan sits in the under $1M size bracket, benchmarked here against 1,109 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in California (9,107th of 9,483), and 5,232nd of 5,337 in construction.

Plan summary
Net assets, end of year$454,614
Participants with balances128
Active participants90
Employer contributions—
Employee contributions$200,634
Employer contribution per active participant—
Average account balance$3,552
Benefits paid to participants$29,712
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$1,047
Investment management$1,581
Total administrative$2,628
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 · 20241
ADP, INC. · Loan processing · Recordkeeping$2,627

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

Administrative cost history1
2024$2,628 · 0.75%
Similar plansConstruction · California
Post Alarm Systems CA$626K · 0.30%
Impact Housing US LLC CA$471K · 0.79%
Yukon Plastering Inc CA$470K · 0.60%
Sdg Enterprises CA$275K · 0.92%
Current Home Inc. CA$238K · 11.99%

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Source: U.S. Department of Labor, Form 5500 series, EIN 264523945 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.