Plan Ledger DOL Form 5500 · updated monthly

Bil-Jim Construction Company, Inc.Profit-sharing plan

BIL-JIM CONSTRUCTION CO., INC. & MAPLE LAKE INC. EMPLOYEES' PENSION PLAN · TOMS RIVER, NJ · plan year 2022

Reported admin expense ratio · 2022
0.43%

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

Bil-Jim Construction Company, Inc. reported $9,545 in plan administrative expenses for 2022: 0.43% of average plan assets, below the peer median. Employer contributions averaged $298 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 0.43% to 0.39%. The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in New Jersey (2,134th of 2,419), and 4,777th of 5,337 in construction.

Plan summary
Net assets, end of year$2,135,480
Participants with balances129
Active participants43
Employer contributions$12,796
Employee contributions$0
Employer contribution per active participant$298
Average account balance$16,554
Benefits paid to participants$19,066
Plan auditUnmodified (clean) audit opinion
AuditorHOLMAN FRENIA ALLISON, PC
Plan history3
Yearassets · accounts · employer contribution
2024$1.9M · 135 accts · $114K emplr
2023$1.9M · 137 accts · $118K emplr
2022$2.1M · 129 accts · $13K emplr
Administrative expenses, itemized · 2022
Professional / advisory$9,545
Total administrative$9,545
Employer contributions to the Bil-Jim Construction Company, Inc. plan · 2022
Employer contribution per active participant$298
Median for plans this size$1,114
2024$3,261 per active participant
2023$3,279 per active participant
2022$298 per active participant

Bil-Jim Construction Company, Inc.'s 2022 employer contribution ran below the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history3
2024$7,392 · 0.39%
2023$7,953 · 0.40%
2022$9,545 · 0.43%
Similar plansConstruction · New Jersey
Marone Contractors, Inc. NJ$4.0M · 0.02%
Traffic Plan NJ$3.0M · 0.16%
Skyline Solar LLC NJ$2.5M · 1.07%
Labar Golf Renovations NJ$1.7M · 1.70%
1 800 Heaters Inc NJ$1.3M · 0.70%

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Source: U.S. Department of Labor, Form 5500 series, EIN 221772136 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.