Plan Ledger DOL Form 5500 · updated monthly

A-Core, Inc.401(k)

A-CORE, INC. 401(K) PROFIT SHARING PLAN · MURRAY, UT · plan year 2024

Reported admin expense ratio · 2024
0.79%

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

A-Core, Inc. reported $82,987 in plan administrative expenses for 2024: 0.79% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,520 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 rose from 0.70% to 0.79%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in Utah (431st of 848), and 2,926th of 5,337 in construction. In 2024, employees put in $2.42 for every $1.00 the employer contributed; active participation has grown from 297 to 341 since 2022.

Plan summary
Net assets, end of year$11,228,068
Participants with balances565
Active participants341
Employer contributions$518,157
Employee contributions$1,251,785
Employer contribution per active participant$1,520
Average account balance$19,873
Benefits paid to participants$1,726,488
Plan auditUnmodified (clean) audit opinion
AuditorRICHEY,MAY, & CO.
Plan history3
Yearassets · accounts · employer contribution
2024$11.2M · 565 accts · $518K emplr
2023$9.9M · 467 accts · $474K emplr
2022$7.8M · 467 accts · $520K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$82,987
Total administrative$82,987
The A-Core, Inc. 401(k) match · 2024
Employer contribution per active participant$1,520
Median for plans this size$2,416
2024$1,520 per active participant
2023$1,716 per active participant
2022$1,751 per active participant

A-Core, Inc.'s 2024 employer contribution ran below 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 · 20244
NATIONAL BENEFIT SERVICES, LLC · Contract administrator$35,720
RAYMOND JAMES · Investment advisory (plan)$26,364
EMPOWER ADVISORY GROUP, LLC · Investment management$4,912

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$82,987 · 0.79%
2023$45,267 · 0.51%
2022$54,473 · 0.70%
Same employer
Similar plansConstruction · Utah
Nexone, Inc UT$14.2M · 0.45%
Hughes General Contractors UT$13.7M · 0.89%
Ims Masonry, Inc. UT$11.2M · 0.70%
Wadman Corporation UT$10.9M · 0.37%
Hadco Construction UT$10.6M · 0.85%
Lumio Hx, Inc. UT$10.4M · 1.13%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 870322873 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.