Plan Ledger DOL Form 5500 · updated monthly

Charles N White Construction Co401(k)

WHITE CONSTRUCTION COMPANY 401-K PLAN · RIDGELAND, MS · plan year 2024

Reported admin expense ratio · 2024
0.28%

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

Charles N White Construction Co reported $46,291 in plan administrative expenses for 2024: 0.28% of average plan assets, below the peer median. Employer contributions averaged $4,244 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 0.33% to 0.28%. 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 107th-largest of 367 plans among Mississippi employers on file, and the 2,225th of 5,337 in construction. In 2024, employees put in $2.22 for every $1.00 the employer contributed; active participation has grown from 106 to 128 since 2022.

Plan summary
Net assets, end of year$17,515,737
Participants with balances123
Active participants128
Employer contributions$543,208
Employee contributions$1,205,927
Employer contribution per active participant$4,244
Average account balance$142,404
Benefits paid to participants$1,841,909
Plan auditUnmodified (clean) audit opinion
AuditorROWLAND & CARTER CPA'S
Plan history3
Yearassets · accounts · employer contribution
2024$17.5M · 123 accts · $543K emplr
2023$16.0M · 110 accts · $494K emplr
2022$15.0M · 113 accts · $482K emplr
Administrative expenses, itemized · 2024
Investment management$57,854
Total administrative$46,291
The Charles N White Construction Co 401(k) match · 2024
Employer contribution per active participant$4,244
Median for plans this size$2,416
2024$4,244 per active participant
2023$4,888 per active participant
2022$4,551 per active participant

Charles N White Construction Co's 2024 employer contribution ran above the $2,416 median for plans its size, placing it in the top quarter of its peers. 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
BALLEW ADVISORS · Investment advisory (plan)$57,854

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$46,291 · 0.28%
2023$45,714 · 0.30%
2022$55,796 · 0.33%
Similar plansConstruction · Mississippi
Castle Personnel Group, LLC MS$18.5M · 0.03%
Warren Paving, Inc. MS$12.5M · 0.59%

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Source: U.S. Department of Labor, Form 5500 series, EIN 640524151 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.