Plan Ledger DOL Form 5500 · updated monthly

Southern California West Coast Electric Inc.401(k)

SOUTHERN CALIFORNIA WEST COAST ELECTRIC PROFIT SHARING PLAN · BEAUMONT, CA · plan year 2022

Reported admin expense ratio · 2022
0.88%

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

Southern California West Coast Electric Inc. reported $27,428 in plan administrative expenses for 2022: 0.88% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,519 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in California (7,702nd of 9,483), and 4,445th of 5,337 in construction. In 2022, employees put in $1.76 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$3,297,834
Participants with balances71
Active participants128
Employer contributions$194,413
Employee contributions$342,662
Employer contribution per active participant$1,519
Average account balance$46,448
Benefits paid to participants$323,091
Plan auditUnmodified (clean) audit opinion
AuditorPORTER & HUNT, LLP
Administrative expenses, itemized · 2022
Investment management$17,715
Total administrative$27,428
The Southern California West Coast Electric Inc. 401(k) match · 2022
Employer contribution per active participant$1,519
Median for plans this size$1,114

Southern California West Coast Electric Inc.'s 2022 employer contribution ran above the $1,114 median for plans its size. 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$27,428 · 0.88%
Similar plansConstruction · California
Circle M Contractors Inc. CA$3.3M · 0.97%

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Source: U.S. Department of Labor, Form 5500 series, EIN 330202816 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.