Plan Ledger DOL Form 5500 · updated monthly

Stronghold Engineering Inc.401(k)

STRONGHOLD ENGINEERING, INC. 401(K) EMPLOYEE'S PROFIT SHARING PLAN · PERRIS, CA · plan year 2023

Reported admin expense ratio · 2023
0.44%

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

Stronghold Engineering Inc. reported $85,330 in plan administrative expenses for 2023: 0.44% of average plan assets, above the peer median. Employer contributions averaged $10,281 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 rose from 0.48% to 0.76%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other construction employers. By assets it is the 3,635th-largest of 9,483 plans among California employers on file, and the 2,014th of 5,337 in construction. In 2023, the employer put in $3.61 for every $1.00 employees contributed themselves; active participation has shrunk from 206 to 148 since 2022.

Plan summary
Net assets, end of year$19,999,057
Participants with balances183
Active participants148
Employer contributions$1,521,550
Employee contributions$421,615
Employer contribution per active participant$10,281
Average account balance$109,284
Benefits paid to participants$3,357,398
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$18.8M · 183 accts · $1.0M emplr
2023$20.0M · 183 accts · $1.5M emplr
2022$19.2M · 124 accts · $1.5M emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$85,330
Total administrative$85,330
The Stronghold Engineering Inc. 401(k) match · 2023
Employer contribution per active participant$10,281
Median for plans this size$2,440
2024$6,957 per active participant
2023$10,281 per active participant
2022$7,143 per active participant

Stronghold Engineering Inc.'s 2023 employer contribution ran above the $2,440 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20236
INTELLIGENCE DRIVEN ADVISERS LLC · Investment advisory (plan)$22,724
EMPOWER ADVISORY GROUP LLC · Investment management$18,572
ECONOMIC GROUP PENSION SERVICES INC · Contract administrator$12,075
SWENSON CORPORATION · Accounting / audit$10,000
PNC BANK NA · Investment advisory (plan)$8,155

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$147,834 · 0.76%
2023$85,330 · 0.44%
2022$99,252 · 0.48%
Same employer
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Arizona Pipeline Company CA$20.3M · 0.62%
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Trumark Companies LLC CA$20.2M · 0.32%
Turelk, Inc. CA$19.9M · 0.17%
Able Maintenance, Inc. CA$19.9M · 0.66%
Dfs Flooring, Inc. CA$19.7M · 0.41%

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Source: U.S. Department of Labor, Form 5500 series, EIN 330886845 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.