Plan Ledger DOL Form 5500 · updated monthly

Carroll Daniel Construction Company401(k)

CARROLL DANIEL CONSTRUCTION COMPANY RETIREMENT PLAN · GAINESVILLE, GA · plan year 2024

Reported admin expense ratio · 2024
0.52%

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

Carroll Daniel Construction Company reported $153,242 in plan administrative expenses for 2024: 0.52% of average plan assets, higher than ~75% of peers. Employer contributions averaged $3,778 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 0.65% to 0.52%. 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 606th-largest of 2,160 plans among Georgia employers on file, and the 1,362nd of 5,337 in construction. In 2024, employees put in $1.91 for every $1.00 the employer contributed; active participation has grown from 319 to 533 since 2022.

Plan summary
Net assets, end of year$35,483,160
Participants with balances547
Active participants533
Employer contributions$2,013,928
Employee contributions$3,850,977
Employer contribution per active participant$3,778
Average account balance$64,869
Benefits paid to participants$1,738,249
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$35.5M · 547 accts · $2.0M emplr
2023$23.2M · 365 accts · $1.4M emplr
2022$15.0M · 315 accts · $1.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$153,242
Total administrative$153,242
The Carroll Daniel Construction Company 401(k) match · 2024
Employer contribution per active participant$3,778
Median for plans this size$2,416
2024$3,778 per active participant
2023$3,733 per active participant
2022$3,416 per active participant

Carroll Daniel Construction Company's 2024 employer contribution ran above the $2,416 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
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$153,241
LPL FINANCIAL LLC · Other servicesindirect comp
WILSHIRE ADVISORS LLC · Investment advisory (plan)indirect comp

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$153,242 · 0.52%
2023$120,566 · 0.63%
2022$83,677 · 0.65%
Same employer
Similar plansConstruction · Georgia
Nth Degree, Inc. GA$40.1M · 0.06%
Cleveland Group, Inc. GA$39.5M · 0.00%
H.J. Russell & Company GA$36.0M · 0.25%
Knapp Inc. GA$35.1M · 0.65%
Real Floors, Inc. GA$34.6M · 0.36%

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Source: U.S. Department of Labor, Form 5500 series, EIN 581102289 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.