Plan Ledger DOL Form 5500 · updated monthly

Tak Communications Ca, Inc.401(k)

TAK COMMUNICATIONS CA, INC. 401(K) PLAN · SACRAMENTO, CA · plan year 2024

Reported admin expense ratio · 2024
0.64%

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

Tak Communications Ca, Inc. reported $35,261 in plan administrative expenses for 2024: 0.64% of average plan assets, above the peer median. Employer contributions averaged $1,307 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 0.68% to 0.64%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in California (6,568th of 9,483), and 3,706th of 5,337 in construction. In 2024, employees put in $3.47 for every $1.00 the employer contributed; active participation has shrunk from 288 to 241 since 2022.

Plan summary
Net assets, end of year$6,303,533
Participants with balances287
Active participants241
Employer contributions$314,928
Employee contributions$1,093,123
Employer contribution per active participant$1,307
Average account balance$21,964
Benefits paid to participants$535,586
Plan auditUnmodified (clean) audit opinion
AuditorRSM US LLP
Plan history3
Yearassets · accounts · employer contribution
2024$6.3M · 287 accts · $315K emplr
2023$4.7M · 299 accts · $305K emplr
2022$3.1M · 318 accts · $343K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$35,261
Total administrative$35,261
The Tak Communications Ca, Inc. 401(k) match · 2024
Employer contribution per active participant$1,307
Median for plans this size$1,313
2024$1,307 per active participant
2023$1,183 per active participant
2022$1,189 per active participant

Tak Communications Ca, Inc.'s 2024 employer contribution ran below the $1,313 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 · 20245
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$27,643
DWC ERISA CONSULTANTS LLC · Contract administrator · Other services$7,618
WILSHIRE ADVISORS LLC · Investment advisory (plan)indirect comp
MORNINGSTAR INVESTMENT MANAGEMENT · Investment advisory (participants)indirect comp
WILSHIRE ADVISORS LLC · Investment advisory (plan)indirect comp

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$35,261 · 0.64%
2023$24,656 · 0.64%
2022$19,960 · 0.68%
Same employer
Similar plansConstruction · California
E. Turman & Company, Inc. CA$6.5M · 0.40%
T.B. Penick & Sons, Inc. CA$6.4M · 0.74%
Alpha Mechanical, Inc. CA$6.1M · 1.32%

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Source: U.S. Department of Labor, Form 5500 series, EIN 822593213 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.