Plan Ledger DOL Form 5500 · updated monthly

Advance Tank and Construction Co.401(k)

ADVANCE TANK EMPLOYEES' RETIREMENT PLAN · WELLINGTON, CO · plan year 2024

Reported admin expense ratio · 2024
0.31%

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

Advance Tank and Construction Co. reported $37,106 in plan administrative expenses for 2024: 0.31% of average plan assets, above the peer median. Employer contributions averaged $447 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 0.31%. 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 705th-largest of 1,461 plans among Colorado employers on file, and 2,727th of 5,337 in construction. In 2024, employees put in $10.00 for every $1.00 the employer contributed; active participation has grown from 145 to 206 since 2022.

Plan summary
Net assets, end of year$12,626,001
Participants with balances211
Active participants206
Employer contributions$91,989
Employee contributions$919,864
Employer contribution per active participant$447
Average account balance$59,839
Benefits paid to participants$1,384,684
Plan auditUnmodified (clean) audit opinion
AuditorMARTIN, VEJODA AND ASSOCIATES
Plan history3
Yearassets · accounts · employer contribution
2024$12.6M · 211 accts · $92K emplr
2023$11.3M · 174 accts · $73K emplr
2022$9.0M · 146 accts · $67K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$37,106
Total administrative$37,106
The Advance Tank and Construction Co. 401(k) match · 2024
Employer contribution per active participant$447
Median for plans this size$2,416
2024$447 per active participant
2023$404 per active participant
2022$461 per active participant

Advance Tank and Construction Co.'s 2024 employer contribution ran below the $2,416 median for plans its size, in the bottom 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
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$37,105
PRINCIPAL SECURITIES, INC · Other servicesindirect comp
WILSHIRE ADVISORS LLC · Investment advisory (plan)indirect comp

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$37,106 · 0.31%
2023$30,151 · 0.30%
2022$29,437 · 0.30%
Same employer
Similar plansConstruction · Colorado
B.T. Construction, Inc. CO$14.5M · 0.49%
Douglass Colony Group Inc. CO$14.3M · 0.53%
Lakewood Electric Company CO$12.2M · 0.43%
View Homes Incorporated CO$12.2M · 0.37%
A-1 Chipseal Co. CO$12.1M · 0.84%
Nunn Construction, Inc. CO$11.7M · 0.53%

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Source: U.S. Department of Labor, Form 5500 series, EIN 830260648 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.