Plan Ledger DOL Form 5500 · updated monthly

Atlantic Concrete Company, Inc.401(k)

ATLANTIC CONCRETE COMPANY, INC. 401(K) PLAN · MILFORD, DE · plan year 2024

Reported admin expense ratio · 2024
0.19%

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

Atlantic Concrete Company, Inc. reported $12,822 in plan administrative expenses for 2024: 0.19% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,762 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 0.22% to 0.19%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in Delaware (168th of 242), and 3,614th of 5,337 in construction. In 2024, employees put in $1.37 for every $1.00 the employer contributed; active participation has shrunk from 189 to 155 since 2022.

Plan summary
Net assets, end of year$6,829,755
Participants with balances137
Active participants155
Employer contributions$273,112
Employee contributions$374,074
Employer contribution per active participant$1,762
Average account balance$49,852
Benefits paid to participants$932,181
Plan auditUnmodified (clean) audit opinion
AuditorBOWMAN & COMPANY LLP
Plan history3
Yearassets · accounts · employer contribution
2024$6.8M · 137 accts · $273K emplr
2023$6.4M · 142 accts · $254K emplr
2022$5.2M · 125 accts · $256K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$12,822
Total administrative$12,822
The Atlantic Concrete Company, Inc. 401(k) match · 2024
Employer contribution per active participant$1,762
Median for plans this size$1,313
2024$1,762 per active participant
2023$1,588 per active participant
2022$1,355 per active participant

Atlantic Concrete Company, Inc.'s 2024 employer contribution ran above the $1,313 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20243
TRANSAMERICA FINANCIAL LIFE INSUR · Recordkeeping · Loan processing$6,241
FUTUREPLAN BY ASCENSUS · Recordkeeping · Loan processing$5,340
MEISROW FINANCIAL, INC. · Investment advisory (plan)$1,241

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

Recordkeeper by year2
2024Ascensus, Transamerica
2023Ascensus, Transamerica

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$12,822 · 0.19%
2023$8,934 · 0.15%
2022$12,032 · 0.22%
Same employer
Similar plansConstruction · Delaware
Intelgica, Inc. DE$11.5M · 0.44%
Diamond Materials LLC DE$11.5M · 0.01%
P. J. Fitzpatrick, LLC DE$11.0M · 0.96%
P. J. Fitzpatrick, Inc. DE$6.4M · 0.95%

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Source: U.S. Department of Labor, Form 5500 series, EIN 510171445 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.