Plan Ledger DOL Form 5500 · updated monthly

True Air Mechanical, Inc.401(k)

TRUE AIR 401(K) PLAN · IRVINE, CA · plan year 2024

Reported admin expense ratio · 2024
0.35%

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

True Air Mechanical, Inc. reported $12,034 in plan administrative expenses for 2024: 0.35% of average plan assets, below the peer median. Employer contributions averaged $0 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 0.61% to 0.35%. 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 (7,575th of 9,483), and 4,359th of 5,337 in construction. In 2024, employees put in $164500.00 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$3,581,769
Participants with balances174
Active participants292
Employer contributions$2
Employee contributions$329,000
Employer contribution per active participant$0
Average account balance$20,585
Benefits paid to participants$439,603
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$3.6M · 174 accts · $2 emplr
2023$3.4M · 185 accts
2022$2.8M · 210 accts · $222K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$12,034
Total administrative$12,034
The True Air Mechanical, Inc. 401(k) match · 2024
Employer contribution per active participant$0
Median for plans this size$1,313
2024$0 per active participant
2022$800 per active participant

True Air Mechanical, Inc.'s 2024 employer contribution ran below the $1,313 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
NICHOLAS PENSION CONSULTANTS · Contract administrator$7,480
CAPITAL GROUP RETIREMENT PLAN SERVI$6,311

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$12,034 · 0.35%
2023$17,138 · 0.55%
2022$17,241 · 0.61%
All plans at this employer2
TRUE AIR 401(K) PLAN401(k)
TRUE AIR MECHANICAL, INC. EMPLOYEE STOCK OWNERSHIP PLANESOP
Same employer
Similar plansConstruction · California
Horizon Lighting, Inc. CA$3.7M · 0.39%
Certified Concrete, Inc. CA$3.6M · 2.19%

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Source: U.S. Department of Labor, Form 5500 series, EIN 273944870 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.