Plan Ledger DOL Form 5500 · updated monthly

Standard Drywall, Inc.401(k)

STANDARD DRYWALL, INC. 401(K) PLAN · CORONA, CA · plan year 2024

Reported admin expense ratio · 2024
0.40%

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

Standard Drywall, Inc. reported $89,852 in plan administrative expenses for 2024: 0.40% of average plan assets, above the peer median. Employer contributions averaged $3,683 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 0.42% to 0.40%. 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 the 3,208th-largest of 9,483 plans among California employers on file, and the 1,793rd of 5,337 in construction. In 2024, employees put in $2.65 for every $1.00 the employer contributed; active participation has grown from 129 to 165 since 2022.

Plan summary
Net assets, end of year$23,922,509
Participants with balances138
Active participants165
Employer contributions$607,639
Employee contributions$1,613,107
Employer contribution per active participant$3,683
Average account balance$173,352
Benefits paid to participants$1,928,791
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$23.9M · 138 accts · $608K emplr
2023$21.3M · 126 accts · $598K emplr
2022$17.5M · 130 accts · $559K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$35,813
Investment management$54,039
Total administrative$89,852
The Standard Drywall, Inc. 401(k) match · 2024
Employer contribution per active participant$3,683
Median for plans this size$2,416
2024$3,683 per active participant
2023$4,530 per active participant
2022$4,334 per active participant

Standard Drywall, Inc.'s 2024 employer contribution ran above the $2,416 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
GLOBAL RETIREMENT PARTNERS LLC · Investment advisory (plan)$54,039
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$35,813

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$89,852 · 0.40%
2023$81,040 · 0.42%
2022$76,623 · 0.42%
Same employer
Similar plansConstruction · California
Sprig Electric CA$24.6M · 0.21%
R.J. Noble Company CA$23.9M · 0.57%
Gci, Inc. CA$23.7M · 0.39%
Silverado Contractors, Inc. CA$23.5M · 0.25%

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Source: U.S. Department of Labor, Form 5500 series, EIN 330000199 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.