Plan Ledger DOL Form 5500 · updated monthly

Action Equip. & Scaffold Co., In401(k)

ACTION EQUIP. & SCAFFOLD CO., INC. PROFIT SHARING PLAN · PHOENIX, AZ · plan year 2024

Reported admin expense ratio · 2024
0.54%

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

Action Equip. & Scaffold Co., In reported $26,326 in plan administrative expenses for 2024: 0.54% of average plan assets, above the peer median. Employer contributions averaged $3,996 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 fell from 0.57% to 0.54%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in Arizona (808th of 1,285), and 3,910th of 5,337 in construction. In 2024, employees put in $2.03 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$5,351,787
Participants with balances216
Active participants69
Employer contributions$275,736
Employee contributions$559,144
Employer contribution per active participant$3,996
Average account balance$24,777
Benefits paid to participants$348,201
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2024$5.4M · 216 accts · $276K emplr
2023$4.5M · 198 accts · $234K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$14,405
Investment management$11,921
Total administrative$26,326
The Action Equip. & Scaffold Co., In 401(k) match · 2024
Employer contribution per active participant$3,996
Median for plans this size$1,313
2024$3,996 per active participant
2023$3,000 per active participant

Action Equip. & Scaffold Co., In's 2024 employer contribution ran above the $1,313 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20243
ADP, INC. · Loan processing · Recordkeeping$14,405
DYNAMIC ADVISOR SOLUTIONS, LLC · Recordkeeping · Trustee$11,921
ADP BROKER-DEALER · Other servicesindirect comp

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

Recordkeeper by year2
2024ADP, DYNAMIC ADVISOR SOLUTIONS, LLC
2023DYNAMIC ADVISOR SOLUTIONS, LLC

This plan has changed recordkeepers within these filings. If you left Action Equip. & Scaffold Co., In before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history2
2024$26,326 · 0.54%
2023$22,308 · 0.57%
Similar plansConstruction · Arizona
Interiorworx, LLC AZ$6.0M · 0.00%
Ricor, Inc. AZ$5.9M · 0.02%
B&F Contracting, Inc. AZ$5.3M · 1.23%
Mfrg-Icon Construction AZ$5.3M · 0.70%

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Source: U.S. Department of Labor, Form 5500 series, EIN 860122780 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.