Plan Ledger DOL Form 5500 · updated monthly

Clark Construction Company, Inc.401(k)

CLARK CONSTRUCTION COMPANY, INC. PROFIT-SHARING RETIREMENT PLAN · LANSING, MI · plan year 2024

Reported admin expense ratio · 2024
0.15%

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

Clark Construction Company, Inc. reported $54,810 in plan administrative expenses for 2024: 0.15% of average plan assets, below the peer median. Employer contributions averaged $3,884 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 0.17% to 0.15%. 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 646th-largest of 2,619 plans among Michigan employers on file, and the 1,284th of 5,337 in construction. In 2024, employees put in $2.53 for every $1.00 the employer contributed; active participation has grown from 177 to 210 since 2022.

Plan summary
Net assets, end of year$38,124,678
Participants with balances249
Active participants210
Employer contributions$815,601
Employee contributions$2,066,262
Employer contribution per active participant$3,884
Average account balance$153,111
Benefits paid to participants$5,266,156
Plan auditUnmodified (clean) audit opinion
AuditorREHMANN ROBSON
Plan history3
Yearassets · accounts · employer contribution
2024$38.1M · 249 accts · $816K emplr
2023$36.1M · 218 accts · $723K emplr
2022$31.1M · 207 accts · $758K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$32,263
Investment management$22,547
Total administrative$54,810
The Clark Construction Company, Inc. 401(k) match · 2024
Employer contribution per active participant$3,884
Median for plans this size$2,416
2024$3,884 per active participant
2023$3,845 per active participant
2022$4,281 per active participant

Clark Construction Company, Inc.'s 2024 employer contribution ran above 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 · 20242
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$32,263
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$22,547

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$54,810 · 0.15%
2023$50,693 · 0.15%
2022$55,192 · 0.17%
Same employer
Similar plansConstruction · Michigan
Three Rivers Corporation MI$41.8M · 0.40%
Owen-Ames-Kimball Co. MI$40.7M · 0.15%
Kent Companies, Inc. MI$36.6M · 0.36%

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Source: U.S. Department of Labor, Form 5500 series, EIN 381272312 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.