Plan Ledger DOL Form 5500 · updated monthly

Superior Ready Mix Concrete LP401(k)

SUPERIOR READY MIX CONCRETE, L.P. PROFIT SHARING/401(K) PLAN · ESCONDIDO, CA · plan year 2024

Reported admin expense ratio · 2024
0.13%

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

Superior Ready Mix Concrete LP reported $111,516 in plan administrative expenses for 2024: 0.13% of average plan assets, below the peer median. Employer contributions averaged $8,991 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 0.12% to 0.13%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other manufacturing employers. By assets it is the 1,065th-largest of 9,483 plans among California employers on file, and the 1,999th of 13,661 in manufacturing. In 2024, the employer put in $1.19 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$92,924,235
Participants with balances870
Active participants642
Employer contributions$5,771,950
Employee contributions$4,849,297
Employer contribution per active participant$8,991
Average account balance$106,809
Benefits paid to participants$14,680,998
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$92.9M · 870 accts · $5.8M emplr
2023$83.2M · 834 accts · $3.2M emplr
2022$69.0M · 828 accts · $2.9M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$77,354
Investment management$34,162
Total administrative$111,516
The Superior Ready Mix Concrete LP 401(k) match · 2024
Employer contribution per active participant$8,991
Median for plans this size$3,635
2024$8,991 per active participant
2023$4,844 per active participant
2022$4,130 per active participant

Superior Ready Mix Concrete LP's 2024 employer contribution ran above the $3,635 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$77,354
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$34,162

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$111,516 · 0.13%
2023$93,014 · 0.12%
2022$94,213 · 0.12%
Same employer
Similar plansManufacturing · California
Iteris, Inc. CA$97.8M · 2.68%
Ai Industries, Inc. CA$97.0M · 0.00%
Vizio, Inc. CA$96.5M · 0.27%
Boyd Corporation, Inc. CA$92.3M · 0.36%
Producers Dairy Foods Inc. CA$92.3M · 0.21%

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Source: U.S. Department of Labor, Form 5500 series, EIN 330324782 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.