Plan Ledger DOL Form 5500 · updated monthly

Srg Operating, Inc.401(k)

SENIOR RESOURCE GROUP 401(K) RETIREMENT PLAN · SOLANA BEACH, CA · plan year 2024

Reported admin expense ratio · 2024
0.55%

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

Srg Operating, Inc. reported $203,902 in plan administrative expenses for 2024: 0.55% of average plan assets, higher than ~75% of peers. Employer contributions averaged $953 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 1.30% to 0.55%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other real estate & leasing employers. By assets it is the 2,135th-largest of 9,483 plans among California employers on file, and the 349th of 2,096 in real estate & leasing. In 2024, employees put in $2.37 for every $1.00 the employer contributed; active participation has grown from 1,767 to 2,050 since 2022.

Plan summary
Net assets, end of year$40,140,470
Participants with balances2,763
Active participants2,050
Employer contributions$1,952,717
Employee contributions$4,634,149
Employer contribution per active participant$953
Average account balance$14,528
Benefits paid to participants$5,731,083
Plan auditUnmodified (clean) audit opinion
AuditorLING & BOUMAN CPA'S LLP
Plan history3
Yearassets · accounts · employer contribution
2024$40.1M · 2,763 accts · $2.0M emplr
2023$34.0M · 3,588 accts · $1.4M emplr
2022$28.3M · 2,394 accts · $1.7M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$203,902
Total administrative$203,902
The Srg Operating, Inc. 401(k) match · 2024
Employer contribution per active participant$953
Median for plans this size$2,416
2024$953 per active participant
2023$750 per active participant
2022$944 per active participant

Srg Operating, 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 · 20245
ACCELERATE INVESTMENT ADVISORS LLC · Investment advisory (plan)$94,138
ADMINISTRATIVE FIDUCIARY SERVICES$63,296
NOVA 401(K) ASSOCIATES · Contract administrator$9,610
EMPOWER ADVISORY GROUP LLC · Investment management$8,487

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

Administrative cost history3
2024$203,902 · 0.55%
2023$298,807 · 0.96%
2022$415,081 · 1.30%
Same employer
Similar plansReal Estate & Leasing · California
Divco West Services, LLC CA$43.2M · 0.39%
Css Payroll Co LP CA$42.9M · 0.36%
Eah, Inc. CA$41.3M · 0.40%
Lereta, LLC CA$38.8M · 0.64%
Tah Operations, LLC CA$38.2M · 0.12%

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Source: U.S. Department of Labor, Form 5500 series, EIN 912160583 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.