Plan Ledger DOL Form 5500 · updated monthly

Ace/Avant Concrete Construction Co., Inc.401(k)

ACE/AVANT 401(K) RETIREMENT PLAN · ARCHDALE, NC · plan year 2024

Reported admin expense ratio · 2024
0.14%

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

Ace/Avant Concrete Construction Co., Inc. reported $17,362 in plan administrative expenses for 2024: 0.14% of average plan assets, below the peer median. Employer contributions averaged $1,826 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 0.18% to 0.14%. 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 the 941st-largest of 2,005 plans among North Carolina employers on file, and the 2,627th of 5,337 in construction. In 2024, employees put in $1.53 for every $1.00 the employer contributed; active participation has grown from 265 to 363 since 2022.

Plan summary
Net assets, end of year$13,600,106
Participants with balances299
Active participants363
Employer contributions$662,882
Employee contributions$1,012,610
Employer contribution per active participant$1,826
Average account balance$45,485
Benefits paid to participants$398,592
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$13.6M · 299 accts · $663K emplr
2023$10.9M · 230 accts · $557K emplr
2022$8.3M · 202 accts · $380K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$17,362
Total administrative$17,362
The Ace/Avant Concrete Construction Co., Inc. 401(k) match · 2024
Employer contribution per active participant$1,826
Median for plans this size$2,416
2024$1,826 per active participant
2023$2,055 per active participant
2022$1,435 per active participant

Ace/Avant Concrete Construction Co., 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 · 20241

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$17,362 · 0.14%
2023$13,421 · 0.14%
2022$16,603 · 0.18%
Same employer
Similar plansConstruction · North Carolina
Alaris Homes, Inc. NC$14.3M · 0.62%
The Hamlin Companies, Inc. NC$14.1M · 0.55%
Barringer Construction NC$14.0M · 0.59%
Spc Mechanical Corporation NC$13.7M · 0.57%
Trc Acquisition, LLC NC$13.4M · 0.49%
Blue Ridge Companies, Inc. NC$13.0M · 0.28%
Blythe Development Co NC$12.9M · 0.06%
Dellinger, Inc. NC$12.8M · 0.21%

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Source: U.S. Department of Labor, Form 5500 series, EIN 561697905 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.