Plan Ledger DOL Form 5500 · updated monthly

A Halcon Contractors, Inc. Traffic Services401(k)

A HALCON CONTRACTORS, INC. RETIREMENT SAVINGS PLAN · BALTIMORE, MD · plan year 2023

Reported admin expense ratio · 2023
4.55%

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

A Halcon Contractors, Inc. Traffic Services reported $9,332 in plan administrative expenses for 2023: 4.55% of average plan assets, higher than ~90% of peers. Employer contributions averaged $966 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 1 year on file its reported administrative ratio rose from 4.55% to 13.27%. The plan sits in the under $1M size bracket, benchmarked here against 1,192 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in Maryland (1,648th of 1,671), and 5,280th of 5,337 in construction. In 2023, the employer put in $4.69 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$249,160
Participants with balances125
Active participants66
Employer contributions$63,733
Employee contributions$13,600
Employer contribution per active participant$966
Average account balance$1,993
Benefits paid to participants$16,106
Plan auditUnmodified (clean) audit opinion
AuditorCLEARVIEW GROUP
Plan history2
Yearassets · accounts · employer contribution
2024$243K · 42 accts · $91K emplr
2023$249K · 125 accts · $64K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$5,713
Investment management$3,619
Total administrative$9,332
The A Halcon Contractors, Inc. Traffic Services 401(k) match · 2023
Employer contribution per active participant$966
Median for plans this size$522
2024$2,060 per active participant
2023$966 per active participant

A Halcon Contractors, Inc. Traffic Services's 2023 employer contribution ran above the $522 median for plans its size, placing it in the top 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20231
BENECO SYSTEMS, LLC · Trustee (discretionary) · Other services$9,364

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

Recordkeeper by year2
2024BENECO SYSTEMS, LLC
2023BENECO SYSTEMS, LLC

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

Administrative cost history2
2024$32,623 · 13.27%
2023$9,332 · 4.55%
Similar plansConstruction · Maryland
Syngularity MD$554K · 5.69%
Ficom Group, Inc. TN$250K · 2.99%

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Source: U.S. Department of Labor, Form 5500 series, EIN 273772452 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.