Plan Ledger DOL Form 5500 · updated monthly

Cavan Construction Company, Inc.401(k)

CAVAN CONSTRUCTION COMPANY, INC. 401(K) PROFIT SHARING PLAN · ASTON, PA · plan year 2024

Reported admin expense ratio · 2024
0.16%

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

Cavan Construction Company, Inc. reported $13,612 in plan administrative expenses for 2024: 0.16% of average plan assets, lower than ~75% of peers. Employer contributions averaged $985 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 rose from 0.07% to 0.16%. 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 (2,362nd of 3,651), and 3,199th of 5,337 in construction. In 2024, employees put in $3.02 for every $1.00 the employer contributed; active participation has grown from 157 to 186 since 2022.

Plan summary
Net assets, end of year$9,301,764
Participants with balances121
Active participants186
Employer contributions$183,184
Employee contributions$553,491
Employer contribution per active participant$985
Average account balance$76,874
Benefits paid to participants$428,264
Plan auditUnmodified (clean) audit opinion
AuditorWHISMAN GIORDANO & ASSOC LLC
Plan history3
Yearassets · accounts · employer contribution
2024$9.3M · 121 accts · $183K emplr
2023$7.9M · 131 accts · $179K emplr
2022$7.1M · 115 accts · $171K emplr
The Cavan Construction Company, Inc. 401(k) match · 2024
Employer contribution per active participant$985
Median for plans this size$1,313
2024$985 per active participant
2023$1,158 per active participant
2022$1,088 per active participant

Cavan Construction Company, Inc.'s 2024 employer contribution ran below 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 · 20241
USI CONSULTING GROUP · Claims processing · Recordkeepingindirect comp

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

Recordkeeper by year2
2024USI Consulting
2023USI Consulting

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

Administrative cost history3
2024$13,612 · 0.16%
2023$6,906 · 0.09%
2022$5,469 · 0.07%
Same employer
Similar plansConstruction · Pennsylvania
Bazella Works PA$9.7M · 0.53%
Muncy Homes, Inc. PA$9.1M · 0.40%
Simplex Industries Inc PA$8.8M · 0.76%

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Source: U.S. Department of Labor, Form 5500 series, EIN 231689017 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.