Plan Ledger DOL Form 5500 · updated monthly

West Coast Materials, Inc.401(k)

WEST COAST MATERIALS, INC. 401(K) PROFIT SHARING PLAN · BUENA PARK, CA · plan year 2024

Reported admin expense ratio · 2024
0.26%

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

West Coast Materials, Inc. reported $120,546 in plan administrative expenses for 2024: 0.26% of average plan assets, below the peer median. Employer contributions averaged $2,626 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 0.32% to 0.26%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other wholesale trade employers. By assets it is the 1,735th-largest of 9,483 plans among California employers on file, and the 801st of 4,246 in wholesale trade. In 2024, employees put in $2.18 for every $1.00 the employer contributed; active participation has grown from 584 to 683 since 2022.

Plan summary
Net assets, end of year$51,232,277
Participants with balances765
Active participants683
Employer contributions$1,793,800
Employee contributions$3,904,871
Employer contribution per active participant$2,626
Average account balance$66,970
Benefits paid to participants$4,155,579
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$51.2M · 765 accts · $1.8M emplr
2023$43.1M · 738 accts · $1.7M emplr
2022$33.6M · 705 accts · $631K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$78,046
Investment management$28,000
Audit (IQPA)$14,500
Total administrative$120,546
The West Coast Materials, Inc. 401(k) match · 2024
Employer contribution per active participant$2,626
Median for plans this size$2,416
2024$2,626 per active participant
2023$2,915 per active participant
2022$1,080 per active participant

West Coast Materials, Inc.'s 2024 employer contribution ran above 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 · 20243
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$78,046
GLOBAL RETIREMENT PARTNERS LLC · Investment advisory (plan)$28,000
WRIGHT FORD YOUNG & CO · Accounting / audit$14,500

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$120,546 · 0.26%
2023$123,873 · 0.32%
2022$120,862 · 0.32%
Same employer
Similar plansWholesale Trade · California
Mag Brand Group, LLC CA$53.4M · 0.61%
Fff Enterprises, Inc. CA$53.0M · 0.31%
Bachem Americas ,Inc. CA$51.6M · 0.15%
Cj America Inc CA$51.0M · 0.34%
Momentum Textiles, LLC CA$49.9M · 0.30%
R.F. Macdonald Company CA$49.2M · 0.15%

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Source: U.S. Department of Labor, Form 5500 series, EIN 205371599 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.