Plan Ledger DOL Form 5500 · updated monthly

Associated Builders & Contractors Nh/Vt401(k)

ABC NH & VT MEMBER 401(K) PLAN · PETERBOROUGH, NH · plan year 2023

Reported admin expense ratio · 2023
0.93%

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

Associated Builders & Contractors Nh/Vt reported $136,188 in plan administrative expenses for 2023: 0.93% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,614 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 fell from 1.05% to 0.93%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other construction employers. By assets it is the 197th-largest of 411 plans among New Hampshire employers on file, and the 2,308th of 5,337 in construction. In 2023, employees put in $1.53 for every $1.00 the employer contributed; active participation has grown from 473 to 670 since 2021.

Plan summary
Net assets, end of year$16,511,210
Participants with balances370
Active participants670
Employer contributions$1,081,348
Employee contributions$1,653,636
Employer contribution per active participant$1,614
Average account balance$44,625
Benefits paid to participants$1,207,830
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2023$16.5M · 370 accts · $1.1M emplr
2022$12.8M · 260 accts · $430K emplr
2021$14.2M · 244 accts · $480K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$94,936
Investment management$34,589
Audit (IQPA)$6,663
Total administrative$136,188
The Associated Builders & Contractors Nh/Vt 401(k) match · 2023
Employer contribution per active participant$1,614
Median for plans this size$2,440
2023$1,614 per active participant
2022$586 per active participant
2021$1,014 per active participant

Associated Builders & Contractors Nh/Vt's 2023 employer contribution ran below the $2,440 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20236
TRANSAMERICA RETIREMENT SOLUTIONS, · Recordkeeping · Loan processing$22,041
COMPASS 360 · Recordkeeping · Loan processing$15,173
GRANITE FINANCIAL PARTNERS · Investment advisory (plan)$34,393
WEISER LLP · Accounting / audit$6,633
EMPOWER ADVISORY GROUP, LLC · Investment management$196

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

Administrative cost history3
2023$136,188 · 0.93%
2022$116,423 · 0.86%
2021$131,701 · 1.05%
Similar plansConstruction · New Hampshire
Procon LLC NH$30.2M · 0.34%
Lewis Builders, LLC NH$15.2M · 0.60%
Denron Plumbing & Hvac, LLC NH$14.8M · 0.38%
Longchamps Electric, LLC NH$13.9M · 0.41%
Severino Trucking Co., Inc. NH$12.8M · 0.44%

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Source: U.S. Department of Labor, Form 5500 series, EIN 020329382 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.