Plan Ledger DOL Form 5500 · updated monthly

Charah, LLC401(k)

CHARAH, LLC 401(K) SAFE HARBOR PLAN · LOUISVILLE, KY · plan year 2024

Reported admin expense ratio · 2024
0.53%

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

Charah, LLC reported $109,814 in plan administrative expenses for 2024: 0.53% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,556 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 0.53%. 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 280th-largest of 871 plans among Kentucky employers on file, and the 1,943rd of 5,337 in construction. In 2024, employees put in $3.07 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$21,234,539
Participants with balances656
Active participants478
Employer contributions$743,926
Employee contributions$2,280,169
Employer contribution per active participant$1,556
Average account balance$32,370
Benefits paid to participants$4,228,500
Plan auditUnmodified (clean) audit opinion
AuditorHARDING SHYMANSKI & COMPANY P.
Plan history3
Yearassets · accounts · employer contribution
2024$21.2M · 656 accts · $744K emplr
2023$19.8M · 600 accts · $743K emplr
2022$17.6M · 699 accts · $971K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$64,197
Investment management$45,617
Total administrative$109,814
The Charah, LLC 401(k) match · 2024
Employer contribution per active participant$1,556
Median for plans this size$2,416
2024$1,556 per active participant
2023$1,641 per active participant
2022$2,031 per active participant

Charah, LLC'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 · 20243
ADP, INC. · Loan processing · Recordkeeping$78,986
MERRILL LYNCH PIERCE FENNER & SMITH · Recordkeeping · Pension consulting$30,827
ADP BROKER-DEALER · Other servicesindirect 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
2024ADP, Bank of America / Merrill
2023ADP, Bank of America / Merrill

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

Administrative cost history3
2024$109,814 · 0.53%
2023$108,389 · 0.58%
2022$124,205 · 0.65%
Same employer
Similar plansConstruction · Kentucky
Scott and Murphy, Inc. KY$21.4M · 0.00%
Denham-Blythe Co., Inc. KY$21.3M · 0.47%
The Wells Group, LLC KY$19.6M · 0.12%
The Allen Company, Inc. KY$18.2M · 0.72%
Building Crafts, Inc. KY$17.9M · 0.57%
Buzick Construction, Inc. KY$17.1M · 0.63%

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Source: U.S. Department of Labor, Form 5500 series, EIN 611127098 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.