Plan Ledger DOL Form 5500 · updated monthly

Cedarwood Construction, Inc.401(k)

CEDARWOOD CONSTRUCTION COMPANY, INC. CAPITAL ACCUMULATION PLAN · FAIRLAWN, OH · plan year 2024

Reported admin expense ratio · 2024
0.42%

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

Cedarwood Construction, Inc. reported $47,304 in plan administrative expenses for 2024: 0.42% of average plan assets, above the peer median. Employer contributions averaged $1,567 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 0.35% to 0.42%. 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 among the smaller plans on file in Ohio (1,826th of 3,295), and 2,822nd of 5,337 in construction. In 2024, employees put in $4.82 for every $1.00 the employer contributed; active participation has shrunk from 84 to 71 since 2022.

Plan summary
Net assets, end of year$11,916,084
Participants with balances102
Active participants71
Employer contributions$111,239
Employee contributions$536,431
Employer contribution per active participant$1,567
Average account balance$116,824
Benefits paid to participants$1,277,889
Plan auditUnmodified (clean) audit opinion
AuditorSIKICH CPA LLP
Plan history3
Yearassets · accounts · employer contribution
2024$11.9M · 102 accts · $111K emplr
2023$10.9M · 107 accts · $135K emplr
2022$11.6M · 112 accts · $144K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$47,304
Total administrative$47,304
The Cedarwood Construction, Inc. 401(k) match · 2024
Employer contribution per active participant$1,567
Median for plans this size$2,416
2024$1,567 per active participant
2023$1,714 per active participant
2022$1,719 per active participant

Cedarwood Construction, Inc.'s 2024 employer contribution ran below 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 · 20244
TRANSAMERICA RETIREMENT SOLUTIONS · Recordkeeping · Loan processing$17,176
TRINITY PENSION CONSULTANTS, INC. · Recordkeeping · Loan processing$2,260
RAYMOND JAMES AND ASSOCIATES,INC. · Investment advisory (plan)$27,702

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

Recordkeeper by year2
2024TRINITY PENSION CONSULTANTS, INC., Transamerica
2023TRINITY PENSION CONSULTANTS, INC., Transamerica

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Administrative cost history3
2024$47,304 · 0.42%
2023$40,988 · 0.36%
2022$47,262 · 0.35%
Similar plansConstruction · Ohio
Vec, Inc. OH$12.4M · 0.52%
Welty Building Company LTD. OH$11.8M · 0.66%
First Equity Holdings OH$10.9M · 0.56%
Mid-City Electric Company OH$10.7M · 0.54%

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Source: U.S. Department of Labor, Form 5500 series, EIN 341133294 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.