Plan Ledger DOL Form 5500 · updated monthly

Condair, Inc.401(k)

CONDAIR, INC. 401(K) PLAN · · plan year 2024

Reported admin expense ratio · 2024
0.26%

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

Condair, Inc. reported $951 in plan administrative expenses for 2024: 0.26% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,171 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 under $1M size bracket, benchmarked here against 1,109 comparable plans and shown alongside other construction employers. By assets it is 5,246th of 5,337 in construction. In 2024, employees put in $1.47 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$369,310
Participants with balances104
Active participants110
Employer contributions$128,816
Employee contributions$188,827
Employer contribution per active participant$1,171
Average account balance$3,551
Benefits paid to participants$3,254
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$951
Total administrative$951
The Condair, Inc. 401(k) match · 2024
Employer contribution per active participant$1,171
Median for plans this size$540

Condair, Inc.'s 2024 employer contribution ran above the $540 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 · 20241
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator$951

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

Administrative cost history1
2024$951 · 0.26%
Similar plansConstruction
Wagler Custom Homes LLC IN$400K · 0.21%
Pci Construction, Inc. TX$395K · 0.22%
Texwin TX$357K · 0.04%
Oscar Orduno Inc. TX$350K · 0.13%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 161076423 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.