Plan Ledger DOL Form 5500 · updated monthly

Van Daele Development Corporation401(k)

VAN DAELE DEVELOPMENT CORPORATION 401(K) PLAN · RIVERSIDE, CA · plan year 2022

Reported admin expense ratio · 2022
1.22%

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

Van Daele Development Corporation reported $99,675 in plan administrative expenses for 2022: 1.22% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,485 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in California (6,247th of 9,483), and 3,523rd of 5,337 in construction. In 2022, employees put in $6.74 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$7,287,004
Participants with balances97
Active participants64
Employer contributions$95,048
Employee contributions$640,544
Employer contribution per active participant$1,485
Average account balance$75,124
Benefits paid to participants$951,622
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$13,194
Investment management$32,775
Professional / advisory$53,706
Total administrative$99,675
The Van Daele Development Corporation 401(k) match · 2022
Employer contribution per active participant$1,485
Median for plans this size$1,114

Van Daele Development Corporation's 2022 employer contribution ran above the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$99,675 · 1.22%
Same employer
Similar plansConstruction · California

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 330234063 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.