Plan Ledger DOL Form 5500 · updated monthly

System Pavers, LLC401(k)

SYSTEM PAVERS 401(K) RETIREMENT SAVINGS PLAN · SANTA ANA, CA · plan year 2024

Reported admin expense ratio · 2024
0.62%

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

System Pavers, LLC reported $89,910 in plan administrative expenses for 2024: 0.62% of average plan assets, higher than ~75% of peers. Employer contributions averaged $322 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 0.51% to 0.62%. 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 4,274th-largest of 9,483 plans among California employers on file, and the 2,382nd of 5,337 in construction. In 2024, employees put in $14.29 for every $1.00 the employer contributed; active participation has grown from 360 to 428 since 2022.

Plan summary
Net assets, end of year$15,729,196
Participants with balances808
Active participants428
Employer contributions$137,665
Employee contributions$1,967,473
Employer contribution per active participant$322
Average account balance$19,467
Benefits paid to participants$1,420,756
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$15.7M · 808 accts · $138K emplr
2023$13.3M · 732 accts · $120K emplr
2022$10.1M · 564 accts · $99K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$66,220
Investment management$23,690
Total administrative$89,910
The System Pavers, LLC 401(k) match · 2024
Employer contribution per active participant$322
Median for plans this size$2,416
2024$322 per active participant
2023$291 per active participant
2022$274 per active participant

System Pavers, LLC'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 · 20242
AT RETIREMENT SERVICES, LLC · Claims processing · Recordkeeping$66,220
USI ADVISORS, INC. · Investment advisory (participants) · Investment advisory (plan)$23,690

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

Recordkeeper by year2
2024AT RETIREMENT SERVICES, LLC
2023AT RETIREMENT SERVICES, LLC

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$89,910 · 0.62%
2023$55,421 · 0.47%
2022$55,763 · 0.51%
Same employer
Similar plansConstruction · California
Coffman Specialties, Inc. CA$15.9M · 0.31%
Telstar Instruments CA$15.8M · 0.05%
Baker's Burgers, Inc CA$15.6M · 0.18%
Sunwest Electric, Inc. CA$15.5M · 0.46%
Kana Pipeline, Inc. CA$15.3M · 0.49%
Nordic Industries, Inc. CA$15.2M · 0.51%

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Source: U.S. Department of Labor, Form 5500 series, EIN 330533565 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.