Plan Ledger DOL Form 5500 · updated monthly

Abbey Paving & Sealcoating Co.ESOP

ABBEY PAVING AND SEALCOATING CO. EMPLOYEE STOCK OWNERSHIP PLAN · AURORA, IL · plan year 2022

Reported admin expense ratio · 2022
0.01%

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

Abbey Paving & Sealcoating Co. reported $2,152 in plan administrative expenses for 2022: 0.01% of average plan assets, lower than ~75% of peers. Employer contributions averaged $10,991 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 0.01% to 0.00%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,806 comparable plans and shown alongside other construction employers. By assets it is the 1,321st-largest of 3,702 plans among Illinois employers on file, and the 1,536th of 5,337 in construction.

Plan summary
Net assets, end of year$29,832,901
Participants with balances157
Active participants149
Employer contributions$1,637,626
Employee contributions—
Employer contribution per active participant$10,991
Average account balance$190,018
Benefits paid to participants$5,421,957
Plan auditUnmodified (clean) audit opinion
AuditorSIKICH LLP
Plan history3
Yearassets · accounts · employer contribution
2024$26.1M · 155 accts · $1.5M emplr
2023$27.7M · 158 accts · $1.3M emplr
2022$29.8M · 157 accts · $1.6M emplr
Administrative expenses, itemized · 2022
Investment management$2,152
Total administrative$2,152
Employer contributions to the Abbey Paving & Sealcoating Co. plan · 2022
Employer contribution per active participant$10,991
Median for plans this size$2,266
2024$9,963 per active participant
2023$9,038 per active participant
2022$10,991 per active participant

Abbey Paving & Sealcoating Co.'s 2022 employer contribution ran above the $2,266 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history3
2024$557 · 0.00%
2023$1,482 · 0.01%
2022$2,152 · 0.01%
Similar plansConstruction · Illinois
Bulley and Andrews, LLC IL$35.0M · 0.19%
Armon, Inc. IL$34.4M · 0.10%
McHugh Enterprises, Inc. IL$33.0M · 0.00%
The Morse Group, Inc. IL$28.8M · 0.39%
Nti Connect, LLC IL$28.2M · 0.29%

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Source: U.S. Department of Labor, Form 5500 series, EIN 363181369 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.