Plan Ledger DOL Form 5500 · updated monthly

Chesapeake Contracting Group, Inc.401(k)

CHESAPEAKE CONTRACTING EMPLOYEES SAVINGS TRUST · OWINGS MILLS, MD · plan year 2024

Reported admin expense ratio · 2024
0.19%

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

Chesapeake Contracting Group, Inc. reported $29,831 in plan administrative expenses for 2024: 0.19% of average plan assets, below the peer median. Employer contributions averaged $4,444 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 3 years on file its reported administrative ratio has held roughly steady near 0.19%. 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 726th-largest of 1,671 plans among Maryland employers on file, and the 2,245th of 5,337 in construction. In 2024, employees put in $2.22 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$17,287,733
Participants with balances142
Active participants128
Employer contributions$568,810
Employee contributions$1,260,446
Employer contribution per active participant$4,444
Average account balance$121,745
Benefits paid to participants$1,001,460
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$17.3M · 142 accts · $569K emplr
2023$14.4M · 155 accts · $587K emplr
2022$11.2M · 151 accts · $562K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$1,665
Investment management$28,166
Total administrative$29,831
The Chesapeake Contracting Group, Inc. 401(k) match · 2024
Employer contribution per active participant$4,444
Median for plans this size$2,416
2024$4,444 per active participant
2023$4,586 per active participant
2022$4,076 per active participant

Chesapeake Contracting Group, Inc.'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 · 20243
THE VANGUARD GROUP, INC · Recordkeeping · Loan processing$1,665
GREENSPRING ADVISORS · Investment advisory (participants) · Investment advisory (plan)$28,166
POLLARD & ASSOCIATES · Loan processing$2,300

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

Recordkeeper by year2
2024Vanguard
2023Vanguard

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Administrative cost history3
2024$29,831 · 0.19%
2023$29,301 · 0.23%
2022$23,976 · 0.20%
Same employer
Similar plansConstruction · Maryland
Orndorff & Spaid, Inc. MD$18.5M · 0.57%
Cj Miller, LLC MD$16.9M · 0.33%
Francis O. Day Co., Inc. MD$16.5M · 0.34%
L.R. Willson & Sons, Inc. MD$15.7M · 0.46%

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Source: U.S. Department of Labor, Form 5500 series, EIN 521164833 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.