Plan Ledger DOL Form 5500 · updated monthly

Clark Construction Group LLC401(k)

CLARK GROUP RETIREMENT PLAN · BETHESDA, MD · plan year 2024

Reported admin expense ratio · 2024
0.06%

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

Clark Construction Group LLC reported $588,194 in plan administrative expenses for 2024: 0.06% of average plan assets, below the peer median. Employer contributions averaged $8,603 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 rose from 0.056% to 0.061%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other construction employers. By assets it is the 22nd-largest of 1,671 plans among Maryland employers on file, and the 57th of 5,337 in construction. In 2024, employees put in $1.41 for every $1.00 the employer contributed; active participation has grown from 2,531 to 2,919 since 2022.

Plan summary
Net assets, end of year$1,025,064,216
Participants with balances4,815
Active participants2,919
Employer contributions$25,112,394
Employee contributions$35,431,373
Employer contribution per active participant$8,603
Average account balance$212,890
Benefits paid to participants$63,170,539
Plan auditUnmodified (clean) audit opinion
AuditorAPRIO LLP
Plan history3
Yearassets · accounts · employer contribution
2024$1.0B · 4,815 accts · $25.1M emplr
2023$902.0M · 4,639 accts · $22.0M emplr
2022$768.7M · 4,354 accts · $19.9M emplr
The Clark Construction Group LLC 401(k) match · 2024
Employer contribution per active participant$8,603
Median for plans this size$4,294
2024$8,603 per active participant
2023$7,792 per active participant
2022$7,862 per active participant

Clark Construction Group LLC's 2024 employer contribution ran above the $4,294 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
THE VANGUARD GROUP, INC. · Recordkeeping · Consulting$262,112
VANGUARD ADVISERS INC. · Investment advisory (participants)$335,982

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

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

Administrative cost history3
2024$588,194 · 0.06%
2023$519,038 · 0.06%
2022$469,757 · 0.06%
All plans at this employer2
CLARK GROUP RETIREMENT PLAN401(k)
CLARK GROUP FIELD RETIREMENT PLAN401(k)
Same employer
Similar plansConstruction · Maryland

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Source: U.S. Department of Labor, Form 5500 series, EIN 562447399 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.