Plan Ledger DOL Form 5500 · updated monthly

Chesapeake Plumbing & Heating, Inc.401(k)

CHESAPEAKE PLUMBING & HEATING, INC. 401(K) PROFIT SHARING PLAN · FRANKFORD, DE · plan year 2024

Reported admin expense ratio · 2024
0.07%

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

Chesapeake Plumbing & Heating, Inc. reported $4,091 in plan administrative expenses for 2024: 0.07% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,714 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 0.11% to 0.07%. 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 Delaware (176th of 242), and 3,709th of 5,337 in construction. In 2024, employees put in $1.62 for every $1.00 the employer contributed; active participation has grown from 158 to 175 since 2022.

Plan summary
Net assets, end of year$6,290,093
Participants with balances170
Active participants175
Employer contributions$299,889
Employee contributions$487,049
Employer contribution per active participant$1,714
Average account balance$37,001
Benefits paid to participants$574,235
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$6.3M · 170 accts · $300K emplr
2023$5.2M · 166 accts · $284K emplr
2022$3.8M · 146 accts · $259K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$4,091
Total administrative$4,091
The Chesapeake Plumbing & Heating, Inc. 401(k) match · 2024
Employer contribution per active participant$1,714
Median for plans this size$1,313
2024$1,714 per active participant
2023$1,623 per active participant
2022$1,637 per active participant

Chesapeake Plumbing & Heating, Inc.'s 2024 employer contribution ran above 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 · 20243
WORLD ADVISORY SERVICES · Investment advisory (plan)$33,778
LIMESTONE PENSION ASSOCIATES, LLC · Contract administrator$5,400
CAPITAL GROUP RETIREMENT PLAN SERVI$2,775

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$4,091 · 0.07%
2023$6,485 · 0.14%
2022$4,441 · 0.11%
Same employer
Similar plansConstruction · Delaware
P. J. Fitzpatrick, Inc. DE$6.4M · 0.95%

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Source: U.S. Department of Labor, Form 5500 series, EIN 383678259 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.