Plan Ledger DOL Form 5500 · updated monthly

Concrete Holding Co. of Al401(k)

CONCRETE HOLDING COMPANY OF ALABAMA, INC. 401(K) PLAN · BIRMINGHAM, AL · plan year 2024

Reported admin expense ratio · 2024
0.51%

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

Concrete Holding Co. of Al reported $84,425 in plan administrative expenses for 2024: 0.51% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,052 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 3 years on file its reported administrative ratio has held roughly steady near 0.51%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 329th-largest of 902 plans among Alabama employers on file, and the 6,468th of 13,661 in manufacturing. In 2024, employees put in $1.30 for every $1.00 the employer contributed; active participation has grown from 331 to 371 since 2022.

Plan summary
Net assets, end of year$17,437,451
Participants with balances405
Active participants371
Employer contributions$761,345
Employee contributions$987,092
Employer contribution per active participant$2,052
Average account balance$43,055
Benefits paid to participants$1,721,153
Plan auditUnmodified (clean) audit opinion
AuditorBMSS, LLC
Plan history3
Yearassets · accounts · employer contribution
2024$17.4M · 405 accts · $761K emplr
2023$15.6M · 382 accts · $691K emplr
2022$13.7M · 364 accts · $584K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$61,143
Investment management$23,282
Total administrative$84,425
The Concrete Holding Co. of Al 401(k) match · 2024
Employer contribution per active participant$2,052
Median for plans this size$2,416
2024$2,052 per active participant
2023$1,962 per active participant
2022$1,764 per active participant

Concrete Holding Co. of Al's 2024 employer contribution ran below 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
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$61,143
MORGAN STANLEY & CO. · Investment advisory (plan)$23,282

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$84,425 · 0.51%
2023$76,321 · 0.52%
2022$75,991 · 0.50%
Same employer
Similar plansManufacturing · Alabama
Process Equipment, Inc. AL$20.5M · 0.23%
Maples Industries, Inc. AL$18.1M · 0.48%
Metals Solutions LLC AL$17.8M · 0.27%
Qualico Steel Company, Inc. AL$16.3M · 0.24%
Cimco Refrigeration, Inc. AL$15.9M · 0.03%
Wolverine Tube, Inc. AL$13.5M · 0.78%

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Source: U.S. Department of Labor, Form 5500 series, EIN 630785186 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.