Plan Ledger DOL Form 5500 · updated monthly

Workers'Compensation Insurance Rating Bureau of California401(k)

WORKERS' COMPENSATION INSURANCE RATING BUREAU OF CALIFORNIA 401(K) PLAN · OAKLAND, CA · plan year 2024

Reported admin expense ratio · 2024
0.20%

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

Workers'Compensation Insurance Rating Bureau of California reported $100,380 in plan administrative expenses for 2024: 0.20% of average plan assets, above the peer median. Employer contributions averaged $6,312 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 3 years on file its reported administrative ratio has held roughly steady near 0.20%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other other services employers. By assets it is the 1,647th-largest of 9,483 plans among California employers on file, and the 396th of 3,341 in other services. In 2024, employees put in $2.08 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$54,871,515
Participants with balances237
Active participants166
Employer contributions$1,047,766
Employee contributions$2,183,921
Employer contribution per active participant$6,312
Average account balance$231,525
Benefits paid to participants$3,387,555
Plan auditUnmodified (clean) audit opinion
AuditorWITHUM-SMITH+BROWN, PC
Plan history3
Yearassets · accounts · employer contribution
2024$54.9M · 237 accts · $1.0M emplr
2023$47.3M · 235 accts · $1.1M emplr
2022$44.8M · 237 accts · $989K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$26,279
Investment management$63,909
Audit (IQPA)$10,192
Total administrative$100,380
The Workers'Compensation Insurance Rating Bureau of California 401(k) match · 2024
Employer contribution per active participant$6,312
Median for plans this size$3,635
2024$6,312 per active participant
2023$6,501 per active participant
2022$6,182 per active participant

Workers'Compensation Insurance Rating Bureau of California's 2024 employer contribution ran above the $3,635 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
EMPOWER ANNUITY INSURANCE COMPANY · Recordkeeping · Contract administrator$26,279
NWK GROUP INC · Investment advisory (plan)$63,909
WITHUMSMITH+BROWN, PC · Accounting / audit$10,192

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

Recordkeeper by year2
2024Empower
2023Empower

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

Administrative cost history3
2024$100,380 · 0.20%
2023$103,305 · 0.22%
2022$100,623 · 0.19%
Same employer
Similar plansOther Services · California
Planet Labs Pbc CA$57.6M · 0.01%
Bay Equity, LLC CA$52.1M · 0.22%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 940358760 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.