Plan Ledger DOL Form 5500 · updated monthly

Ware Malcomb401(k)

WARE MALCOMB 401(K) PLAN · IRVINE, CA · plan year 2024

Reported admin expense ratio · 2024
0.34%

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

Ware Malcomb reported $172,354 in plan administrative expenses for 2024: 0.34% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,627 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 0.60% to 0.34%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other professional & technical services employers. By assets it is the 1,680th-largest of 9,483 plans among California employers on file, and the 2,612th of 11,654 in professional & technical services. In 2024, employees put in $5.60 for every $1.00 the employer contributed; active participation has shrunk from 673 to 529 since 2022.

Plan summary
Net assets, end of year$53,714,019
Participants with balances560
Active participants529
Employer contributions$860,419
Employee contributions$4,818,638
Employer contribution per active participant$1,627
Average account balance$95,918
Benefits paid to participants$7,118,906
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$53.7M · 560 accts · $860K emplr
2023$47.0M · 596 accts · $705K emplr
2022$36.4M · 578 accts · $1.4M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$61,061
Investment management$111,293
Total administrative$172,354
The Ware Malcomb 401(k) match · 2024
Employer contribution per active participant$1,627
Median for plans this size$3,635
2024$1,627 per active participant
2023$1,180 per active participant
2022$2,145 per active participant

Ware Malcomb's 2024 employer contribution ran below the $3,635 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
SCHWAB RETIREMENT PLAN SERVICES,INC · Recordkeeping · Investment advisory (participants)$73,651
CERITY PARTNERS RETIREMENT PLA · Investment management$98,778

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

Recordkeeper by year2
2024Charles Schwab
2023Charles Schwab

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$172,354 · 0.34%
2023$160,351 · 0.38%
2022$226,772 · 0.60%
Same employer
Similar plansProfessional & Technical Services · California
Neudesic, LLC CA$54.0M · 0.42%
Sigma Defense Systems, LLC CA$53.9M · 0.21%
Lyra Health, Inc. CA$53.8M · 0.03%
Verkada, Inc. CA$53.4M · 0.12%
Gehry Partners, LLP CA$53.2M · 0.00%
Donahue Fitzgerald LLP CA$52.9M · 0.15%
Severson & Werson CA$52.7M · 0.22%

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Source: U.S. Department of Labor, Form 5500 series, EIN 952905859 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.