Plan Ledger DOL Form 5500 · updated monthly

Tejon Ranchcorp401(k)

TEJON RANCHCORP 401(K) PLAN · LEBEC, CA · plan year 2024

Reported admin expense ratio · 2024
0.06%

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

Tejon Ranchcorp reported $7,651 in plan administrative expenses for 2024: 0.06% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,499 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 0.11% to 0.06%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other real estate & leasing employers. By assets it is among the smaller plans on file in California (4,880th of 9,483), and the 968th of 2,096 in real estate & leasing. In 2024, employees put in $3.79 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$12,470,272
Participants with balances125
Active participants93
Employer contributions$139,415
Employee contributions$528,687
Employer contribution per active participant$1,499
Average account balance$99,762
Benefits paid to participants$1,174,012
Plan auditUnmodified (clean) audit opinion
AuditorDANIELLS, PHILLIPS, VAUGHAN & BOCK
Plan history3
Yearassets · accounts · employer contribution
2024$12.5M · 125 accts · $139K emplr
2023$11.6M · 124 accts
2022$10.9M · 135 accts · $135K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$806
Audit (IQPA)$6,845
Total administrative$7,651
The Tejon Ranchcorp 401(k) match · 2024
Employer contribution per active participant$1,499
Median for plans this size$2,416
2024$1,499 per active participant
2022$1,505 per active participant

Tejon Ranchcorp's 2024 employer contribution ran below 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 · 20244
FUTUREPLAN · Accounting / audit$3,845
DANIELLS PHILLIPS VAUGHAN & BOCK · Accounting / audit$3,000
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$806
MORGAN STANLEY SMITH BARNEY · Other servicesindirect 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$7,651 · 0.06%
2023$4,006 · 0.04%
2022$12,324 · 0.11%
Similar plansReal Estate & Leasing · California
Pacific Union Company CA$12.9M · 0.03%
Pacifica Hotel Company CA$12.6M · 0.82%
Decron Properties Corp. CA$11.6M · 0.47%

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Source: U.S. Department of Labor, Form 5500 series, EIN 951288160 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.