Plan Ledger DOL Form 5500 · updated monthly

Brayman Construction Corporation401(k)

BRAYMAN CONSTRUCTION CORPORATION SAVINGS & PROFIT SHARING PLAN · SAXONBURG, PA · plan year 2024

Reported admin expense ratio · 2024
0.22%

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

Brayman Construction Corporation reported $100,362 in plan administrative expenses for 2024: 0.22% of average plan assets, below the peer median. Employer contributions averaged $6,462 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 0.22%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other construction employers. By assets it is the 772nd-largest of 3,651 plans among Pennsylvania employers on file, and the 1,040th of 5,337 in construction. In 2024, the employer put in $1.58 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$50,889,554
Participants with balances469
Active participants553
Employer contributions$3,573,436
Employee contributions$2,258,355
Employer contribution per active participant$6,462
Average account balance$108,507
Benefits paid to participants$2,228,343
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$50.9M · 469 accts · $3.6M emplr
2023$41.4M · 468 accts · $3.1M emplr
2022$33.5M · 430 accts · $2.6M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$39,365
Investment management$47,820
Trustee / custodial$13,177
Total administrative$100,362
The Brayman Construction Corporation 401(k) match · 2024
Employer contribution per active participant$6,462
Median for plans this size$2,416
2024$6,462 per active participant
2023$5,388 per active participant
2022$4,371 per active participant

Brayman Construction Corporation'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 · 20243
NEWPORT GROUP, INC. · Recordkeeping · Investment advisory (plan)$43,260
PNC INSTITUTIONAL ASSET MANAGEMENT · Investment advisory (participants) · Investment advisory (plan)$43,925
NEWPORT TRUST COMPANY · Trustee$13,177

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

Recordkeeper by year2
2024Newport (Ascensus)
2023Newport (Ascensus)

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

Administrative cost history3
2024$100,362 · 0.22%
2023$78,796 · 0.21%
2022$78,058 · 0.21%
Same employer
Similar plansConstruction · Pennsylvania
West Shore Home, LLC PA$62.2M · 0.78%
Sauer Holdings, Inc. PA$54.4M · 0.14%
Mascaro Services, Inc. PA$50.7M · 0.18%
S&B USA Construction PA$50.4M · 0.55%
M. Davis & Sons, Inc. PA$49.7M · 0.29%
Sila Services, LLC PA$47.6M · 0.35%

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Source: U.S. Department of Labor, Form 5500 series, EIN 251696132 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.