Plan Ledger DOL Form 5500 · updated monthly

Concrete Systems, Inc.401(k)

THE CONCRETE SYSTEMS, INC. RETIREMENT TRUST · HUDSON, NH · plan year 2024

Reported admin expense ratio · 2024
0.46%

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

Concrete Systems, Inc. reported $52,862 in plan administrative expenses for 2024: 0.46% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,684 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 0.42% to 0.46%. 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 among the smaller plans on file in New Hampshire (236th of 411), and 8,061st of 13,661 in manufacturing. In 2024, employees put in $2.04 for every $1.00 the employer contributed; active participation has grown from 129 to 146 since 2022.

Plan summary
Net assets, end of year$11,900,621
Participants with balances98
Active participants146
Employer contributions$245,828
Employee contributions$501,028
Employer contribution per active participant$1,684
Average account balance$121,435
Benefits paid to participants$1,198,284
Plan auditUnmodified (clean) audit opinion
AuditorHARVEY & MARTIN, PLLC
Plan history3
Yearassets · accounts · employer contribution
2024$11.9M · 98 accts · $246K emplr
2023$11.0M · 91 accts · $220K emplr
2022$9.9M · 91 accts · $218K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$52,862
Total administrative$52,862
The Concrete Systems, Inc. 401(k) match · 2024
Employer contribution per active participant$1,684
Median for plans this size$2,416
2024$1,684 per active participant
2023$1,744 per active participant
2022$1,692 per active participant

Concrete Systems, Inc.'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
JOHN HANCOCK LIFE INS. COMPANY · Investment management · Recordkeeping$506
COMMONWEALTH FINANCIAL NETWORK · Investment advisory (participants)$28,604

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024John Hancock
2023John Hancock

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

Administrative cost history3
2024$52,862 · 0.46%
2023$46,497 · 0.44%
2022$45,231 · 0.42%
Same employer
Similar plansManufacturing · New Hampshire
Canam Bridges US Inc NH$15.3M · 0.13%
Allard Nazarian Group, Inc. NH$12.5M · 0.48%
Diacom Corporation NH$12.2M · 0.35%
Uni-Cast NH$11.9M · 0.27%
Lew a. Cummings Co., Inc. NH$10.7M · 0.57%
Makers Forward, LLC NH$8.7M · 0.61%

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Source: U.S. Department of Labor, Form 5500 series, EIN 020304283 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.