Plan Ledger DOL Form 5500 · updated monthly

Adams Construction Company401(k)

ADAMS CONSTRUCTION COMPANY EMPLOYEES 401(K) PLAN · ROANOKE, VA · plan year 2024

Reported admin expense ratio · 2024
0.43%

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

Adams Construction Company reported $159,521 in plan administrative expenses for 2024: 0.43% of average plan assets, above the peer median. Employer contributions averaged $3,931 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 3 years on file its reported administrative ratio has held roughly steady near 0.43%. 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 571st-largest of 2,266 plans among Virginia employers on file, and the 1,205th of 5,337 in construction. In 2024, the employer put in $1.01 for every $1.00 employees contributed themselves; active participation has grown from 365 to 815 since 2022.

Plan summary
Net assets, end of year$41,448,932
Participants with balances1,255
Active participants815
Employer contributions$3,203,412
Employee contributions$3,170,979
Employer contribution per active participant$3,931
Average account balance$33,027
Benefits paid to participants$3,928,992
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$41.4M · 1,255 accts · $3.2M emplr
2023$33.6M · 1,115 accts · $1.4M emplr
2022$27.4M · 643 accts · $795K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$106,441
Investment management$53,080
Total administrative$159,521
The Adams Construction Company 401(k) match · 2024
Employer contribution per active participant$3,931
Median for plans this size$2,416
2024$3,931 per active participant
2023$1,798 per active participant
2022$2,179 per active participant

Adams Construction Company's 2024 employer contribution ran above 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 · 20242
LINCOLN NATIONAL CORPORATION · Contract administrator$105,919
MORGAN STANLEY GLOBAL BANKING · Investment advisory (plan)$53,080

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$159,521 · 0.43%
2023$126,792 · 0.42%
2022$125,623 · 0.42%
Same employer
Similar plansConstruction · Virginia
Pave America Interco, LLC VA$47.0M · 0.52%
S.W. Rodgers Company, Inc. VA$42.9M · 0.16%
Shockey Companies VA$41.8M · 0.00%

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Source: U.S. Department of Labor, Form 5500 series, EIN 541325812 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.