Plan Ledger DOL Form 5500 · updated monthly

Concrete Enterprises, Inc.401(k)

CONCRETE ENTERPRISES, INC. 401(K) PLAN · OKLAHOMA CITY, OK · plan year 2022

Reported admin expense ratio · 2022
0.59%

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

Concrete Enterprises, Inc. reported $25,521 in plan administrative expenses for 2022: 0.59% of average plan assets, above the peer median. Employer contributions averaged $852 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in Oklahoma (580th of 724), and 4,248th of 5,337 in construction. In 2022, employees put in $2.11 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$3,953,344
Participants with balances38
Active participants92
Employer contributions$78,410
Employee contributions$165,455
Employer contribution per active participant$852
Average account balance$104,035
Benefits paid to participants$181,296
Plan auditUnmodified (clean) audit opinion
AuditorBRISCOE, BURKE & GRIGSBY, LLP
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$15,251
Investment management$10,270
Total administrative$25,521
The Concrete Enterprises, Inc. 401(k) match · 2022
Employer contribution per active participant$852
Median for plans this size$1,114

Concrete Enterprises, Inc.'s 2022 employer contribution ran below the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$25,521 · 0.59%
Similar plansConstruction · Oklahoma
Action Safety Supply Co. OK$6.2M · 0.16%
Thermal Specialties LLC OK$5.6M · 0.24%
Rudy Construction Company OK$5.0M · 0.07%
Air Assurance Co. OK$3.1M · 0.98%
Garaga USA, Inc. OK$2.7M · 0.26%

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Source: U.S. Department of Labor, Form 5500 series, EIN 731257440 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.