Plan Ledger DOL Form 5500 · updated monthly

Associated Builders and Contractors, Inc., Delaware Chapter401(k)

ABC OF DELAWARE 401(K) PLAN · NEW CASTLE, DE · plan year 2024

Reported admin expense ratio · 2024
0.85%

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

Associated Builders and Contractors, Inc., Delaware Chapter reported $438,576 in plan administrative expenses for 2024: 0.85% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,414 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 2 years on file its reported administrative ratio rose from 0.74% to 0.85%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other other services employers. By assets it is the 54th-largest of 242 plans among Delaware employers on file, and the 393rd of 3,341 in other services. In 2024, employees put in $2.15 for every $1.00 the employer contributed; active participation has grown from 1,024 to 1,269 since 2022.

Plan summary
Net assets, end of year$55,066,922
Participants with balances868
Active participants1,269
Employer contributions$1,793,952
Employee contributions$3,853,596
Employer contribution per active participant$1,414
Average account balance$63,441
Benefits paid to participants$5,733,662
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$55.1M · 868 accts · $1.8M emplr
2023$48.4M · 694 accts · $1.6M emplr
2022$39.8M · 676 accts · $1.6M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$420,193
Audit (IQPA)$18,383
Total administrative$438,576
The Associated Builders and Contractors, Inc., Delaware Chapter 401(k) match · 2024
Employer contribution per active participant$1,414
Median for plans this size$3,635
2024$1,414 per active participant
2023$1,453 per active participant
2022$1,556 per active participant

Associated Builders and Contractors, Inc., Delaware Chapter's 2024 employer contribution ran below the $3,635 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 · 20244
TRANSAMERICA FINANCIAL LIFE INS CO · Recordkeeping · Loan processing$387,720
PINNACLE FINANCIAL SERVICES, INC · Recordkeeping · Loan processing$38,612
TEMPLETON & COMPANY LLP · Accounting / audit$18,383
CETERA FINANCIAL GROUP · Insurance broker · Insurance 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
2024PINNACLE FINANCIAL SERVICES, INC, Transamerica
2023PLAN PROFESSIONALS, LLC D/B/A NPPG, Transamerica

This plan has changed recordkeepers within these filings. If you left Associated Builders and Contractors, Inc., Delaware Chapter 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 history3
2024$438,576 · 0.85%
2023$374,347 · 0.85%
2022$314,289 · 0.74%
Similar plansOther Services · Delaware
Plaza Construction, LLC NY$55.6M · 0.12%
Aarete, Inc. IL$55.0M

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Source: U.S. Department of Labor, Form 5500 series, EIN 510101354 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.