Plan Ledger DOL Form 5500 · updated monthly

Cole Roofing Co., Inc.401(k)

COLE ROOFING CO., INC. PROFIT SHARING PLAN & TRUST · BALTIMORE, MD · plan year 2024

Reported admin expense ratio · 2024
0.37%

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

Cole Roofing Co., Inc. reported $42,710 in plan administrative expenses for 2024: 0.37% of average plan assets, above the peer median. Employer contributions averaged $3,229 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 0.33% to 0.37%. 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 among the smaller plans on file in Maryland (895th of 1,671), and 2,793rd of 5,337 in construction. In 2024, employees put in $1.81 for every $1.00 the employer contributed; active participation has grown from 79 to 89 since 2022.

Plan summary
Net assets, end of year$12,085,293
Participants with balances182
Active participants89
Employer contributions$287,406
Employee contributions$519,683
Employer contribution per active participant$3,229
Average account balance$66,403
Benefits paid to participants$1,667,099
Plan auditUnmodified (clean) audit opinion
AuditorREGAN, SCHICKNER, & HARPER LLC
Plan history3
Yearassets · accounts · employer contribution
2024$12.1M · 182 accts · $287K emplr
2023$11.3M · 173 accts · $281K emplr
2022$9.9M · 173 accts · $265K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$42,710
Total administrative$42,710
The Cole Roofing Co., Inc. 401(k) match · 2024
Employer contribution per active participant$3,229
Median for plans this size$2,416
2024$3,229 per active participant
2023$3,506 per active participant
2022$3,359 per active participant

Cole Roofing Co., 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 · 20244
RED OAK RETIREMENT · Contract administrator$15,137
COMPTON FINANCIAL GROUP · Investment advisory (plan)$12,717
LPL FINANCIALindirect comp

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$42,710 · 0.37%
2023$35,448 · 0.34%
2022$37,183 · 0.33%
Similar plansConstruction · Maryland
Bowings & Huber, LLC MD$12.5M · 0.08%
Aui, Inc. MD$12.4M · 0.56%
Len the Plumber, LLC MD$12.2M · 0.86%
C. William Hetzer, Inc. MD$11.6M · 0.38%
Tricon Construction, Inc. MD$11.3M · 0.00%

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Source: U.S. Department of Labor, Form 5500 series, EIN 520599184 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.