Superior Ready Mix Concrete LP 401(k) Review & Grade
Superior Ready Mix Concrete, L.P. Profit Sharing/401(k) Plan
Escondido, CAManufacturing652 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$8,853Employer $ per active participant
$7,438Employee $ saved per active participant
0.13%Direct admin cost, % of plan assets
$92.9MNet plan assets, end of year
$106,809Average balance per account
Score breakdown
- Employer generosity47.3 / 5095th percentile for employer $ per participant
- Low cost17.0 / 2568th percentile for low admin cost vs. same-size plans
- Employee saving11.4 / 1576th percentile for employee $ per participant
- Plan features3 / 10Default investment
Total score79 / 100 · Grade A
This plan vs. peers
Peers: Manufacturing plans with 500–2,499 active participants (2,376 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 95th |
| Lower admin cost | 68th |
| Employee saving | 76th |
| Peers that auto-enroll | 59% |
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Red flags from the filing
No red flags were reported on this filing's compliance questions.
What to do if you're in this plan
- Superior Ready Mix Concrete LP put in about $8,853 per active participant, more than the typical peer ($2,320). Contribute at least enough to collect the full match. Skipping it leaves part of your pay on the table.
- The filing shows total dollars, not the match formula. Ask HR for the Summary Plan Description so you know the exact match and vesting schedule.
- Fund expense ratios aren't in the filing. Look them up in your 404(a)(5) fee disclosure and favor low-cost index or target-date funds.
- Changing jobs? You can usually leave the money in the plan, move it to your new employer's plan, or roll it into an IRA. Don't cash out: you'd owe taxes and possibly a 10% penalty.
The raw numbers from the filing
| Employer contributions | $5,771,950 |
| Participant (employee) contributions | $4,849,297 |
| Other contributions (incl. rollovers in) | $41,124 |
| Administrative expenses paid from the plan | $111,516 |
| Investment advisory & management fees | $34,162 |
| Benefits paid out | $14,680,998 |
| Net assets, start / end of year | $83.2M / $92.9M |
| Active participants, start / end of year | 662 / 642 |
| Participants with account balances | 870 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Aldrich Cpas and Advisors LLP |
Largest service providers (Schedule C)
| Fidelity Investments Institutional | $77,354 reported compensation |
| Strategic Advisors, Inc. | $34,162 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251013172655NAL0003823426001, received 2025-10-13, EIN 33-0324782, plan #002, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.