Plan Ledger DOL Form 5500 · updated monthly

Burns & Scalo Roofing Company, Inc.401(k)

BURNS & SCALO 401(K) RETIREMENT PLAN · PITTSBURGH, PA · plan year 2024

Reported admin expense ratio · 2024
0.67%

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

Burns & Scalo Roofing Company, Inc. reported $44,985 in plan administrative expenses for 2024: 0.67% of average plan assets, above the peer median. Employer contributions averaged $2,014 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 0.67%. 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 Pennsylvania (2,612th of 3,651), and 3,531st of 5,337 in construction. In 2024, employees put in $1.14 for every $1.00 the employer contributed; active participation has grown from 141 to 239 since 2022.

Plan summary
Net assets, end of year$7,271,591
Participants with balances247
Active participants239
Employer contributions$481,289
Employee contributions$548,267
Employer contribution per active participant$2,014
Average account balance$29,440
Benefits paid to participants$709,390
Plan auditUnmodified (clean) audit opinion
AuditorCASE SABATINI
Plan history3
Yearassets · accounts · employer contribution
2024$7.3M · 247 accts · $481K emplr
2023$6.1M · 212 accts · $334K emplr
2022$5.7M · 188 accts · $225K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$30,435
Investment management$14,550
Total administrative$44,985
The Burns & Scalo Roofing Company, Inc. 401(k) match · 2024
Employer contribution per active participant$2,014
Median for plans this size$1,313
2024$2,014 per active participant
2023$2,301 per active participant
2022$1,596 per active participant

Burns & Scalo Roofing 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 · 20242
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$30,435
GLOBAL RETIREMENT PARTNERS LLC · Investment advisory (plan)$14,550

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

Administrative cost history3
2024$44,985 · 0.67%
2023$35,467 · 0.60%
2022$36,656 · 0.65%
Similar plansConstruction · Pennsylvania
Linde Corporation PA$7.7M · 0.17%
Garman Builders, Inc PA$7.7M · 0.43%
Hartman and Hartman, Inc. PA$7.4M · 0.58%
E.K. Services, Inc. PA$7.2M · 0.55%
Pioneer Construction Co. PA$7.1M · 0.96%

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Source: U.S. Department of Labor, Form 5500 series, EIN 251145220 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.