Plan Ledger DOL Form 5500 · updated monthly

Associated Asphalt Partners, LLC401(k)

ASSOCIATED ASPHALT PARTNERS RETIREMENT AND SAVINGS PLAN · ROANOKE, VA · plan year 2024

Reported admin expense ratio · 2024
0.26%

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

Associated Asphalt Partners, LLC reported $84,960 in plan administrative expenses for 2024: 0.26% of average plan assets, below the peer median. Employer contributions averaged $9,430 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 0.26%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other wholesale trade employers. By assets it is the 683rd-largest of 2,266 plans among Virginia employers on file, and the 1,243rd of 4,246 in wholesale trade. In 2024, the employer put in $1.31 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$33,144,097
Participants with balances284
Active participants258
Employer contributions$2,433,036
Employee contributions$1,853,357
Employer contribution per active participant$9,430
Average account balance$116,705
Benefits paid to participants$7,536,276
Plan auditUnmodified (clean) audit opinion
Plan history4
Yearassets · accounts · employer contribution
2025$0
2024$33.1M · 284 accts · $2.4M emplr
2023$31.9M · 285 accts · $1.8M emplr
2022$25.7M · 278 accts · $1.5M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$59,960
Investment management$25,000
Total administrative$84,960
The Associated Asphalt Partners, LLC 401(k) match · 2024
Employer contribution per active participant$9,430
Median for plans this size$2,416
2024$9,430 per active participant
2023$7,306 per active participant
2022$6,570 per active participant

Associated Asphalt Partners, LLC's 2024 employer contribution ran above the $2,416 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 · 20242
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$60,094
WORLD INVESTMENT ADVISORS LLC · Investment advisory (plan)$25,000

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

Administrative cost history4
2025Not separately reported
2024$84,960 · 0.26%
2023$74,367 · 0.26%
2022$74,833 · 0.27%
Same employer
Similar plansWholesale Trade · Virginia
Holtzman Oil Corp. VA$37.0M · 0.01%
Lombart Brothers, Inc. VA$34.5M · 0.28%
Sonny Merryman, Inc. VA$33.2M · 0.36%
Electro-Mechanical, LLC VA$33.0M · 0.24%

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Source: U.S. Department of Labor, Form 5500 series, EIN 205707237 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.