Plan Ledger DOL Form 5500 · updated monthly

Apex Roofing and Restoration401(k)

APEX ROOFING AND RESTORATION 401(K) PLAN · HOOVER, AL · plan year 2022

Reported admin expense ratio · 2022
2.25%

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

Apex Roofing and Restoration reported $6,169 in plan administrative expenses for 2022: 2.25% of average plan assets, higher than ~75% of peers. Employer contributions averaged $256 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.

The plan sits in the under $1M size bracket, benchmarked here against 4,041 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in Alabama (893rd of 902), and 5,268th of 5,337 in construction. In 2022, employees put in $4.64 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$303,992
Participants with balances56
Active participants120
Employer contributions$30,669
Employee contributions$142,383
Employer contribution per active participant$256
Average account balance$5,428
Benefits paid to participants$62,689
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$6,169
Total administrative$6,169
The Apex Roofing and Restoration 401(k) match · 2022
Employer contribution per active participant$256
Median for plans this size$331

Apex Roofing and Restoration's 2022 employer contribution ran below the $331 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$6,169 · 2.25%
Same employer
Similar plansConstruction · Alabama

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Source: U.S. Department of Labor, Form 5500 series, EIN 273035800 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.