Plan Ledger DOL Form 5500 · updated monthly

The Holcomb Corporation401(k)

HOLCOMB CORPORATION 401(K) PLAN · APTOS, CA · plan year 2023

Reported admin expense ratio · 2023
0.65%

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

The Holcomb Corporation reported $15,496 in plan administrative expenses for 2023: 0.65% of average plan assets, above the peer median. Employer contributions averaged $52 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 1 year on file its reported administrative ratio fell from 0.72% to 0.65%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in California (8,063rd of 9,483), and 4,656th of 5,337 in construction. In 2023, employees put in $17.71 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$2,546,311
Participants with balances92
Active participants49
Employer contributions$2,540
Employee contributions$44,987
Employer contribution per active participant$52
Average account balance$27,677
Benefits paid to participants$138,185
Plan auditUnmodified (clean) audit opinion
AuditorMOSS ADAMS LLC
Plan history2
Yearassets · accounts · employer contribution
2023$2.5M · 92 accts · $3K emplr
2022$2.3M · 114 accts · $4K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$9,072
Investment management$6,424
Total administrative$15,496
The The Holcomb Corporation 401(k) match · 2023
Employer contribution per active participant$52
Median for plans this size$1,308
2023$52 per active participant
2022$25 per active participant

The Holcomb Corporation's 2023 employer contribution ran below the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20232
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$9,942
STAR LLC · Investment advisory (plan)$5,754

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

Administrative cost history2
2023$15,496 · 0.65%
2022$18,055 · 0.72%
Similar plansConstruction · California
Aquam USA Inc CA$2.6M · 1.38%
Teserra CA$2.5M · 1.08%
Mayacama Golf Club, LLC CA$2.4M · 0.46%

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Source: U.S. Department of Labor, Form 5500 series, EIN 942452549 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.