Plan Ledger DOL Form 5500 · updated monthly

Confidence Plumbing Company, Inc.Profit-sharing plan

CONFIDENCE PLUMBING COMPANY PROFIT SHARING PLAN · ENGLEWOOD, CO · plan year 2024

Reported admin expense ratio · 2024
0.11%

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

Confidence Plumbing Company, Inc. reported $3,950 in plan administrative expenses for 2024: 0.11% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,180 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 0.11%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in Colorado (1,144th of 1,461), and 4,294th of 5,337 in construction. active participation has shrunk from 122 to 108 since 2022.

Plan summary
Net assets, end of year$3,798,372
Participants with balances132
Active participants108
Employer contributions$235,475
Employee contributions—
Employer contribution per active participant$2,180
Average account balance$28,776
Benefits paid to participants$106,690
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$3.8M · 132 accts · $235K emplr
2023$3.4M · 124 accts · $165K emplr
2022$3.0M · 137 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$3,273
Investment management$677
Total administrative$3,950
Employer contributions to the Confidence Plumbing Company, Inc. plan · 2024
Employer contribution per active participant$2,180
Median for plans this size$1,313
2024$2,180 per active participant
2023$1,443 per active participant

Confidence Plumbing Company, Inc.'s 2024 employer contribution ran above the $1,313 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 · 20243
TPA SERVICES, INC. · Recordkeeping · Loan processing$1,955
TRANSAMERICA FINANCIAL LIFE INS CO · Recordkeeping · Loan processing$1,318
MESIROW FINANCIAL, INC. · Investment advisory (plan)$677

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

Recordkeeper by year2
2024TPA SERVICES, INC., Transamerica
2023TPA SERVICES, INC., Transamerica

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

Administrative cost history3
2024$3,950 · 0.11%
2023$7,098 · 0.22%
2022$3,872 · 0.12%
Similar plansConstruction · Colorado
Uec, LLC CO$3.9M · 0.96%
Wayne's Electric CO$3.7M · 0.39%
E-Z Excavating, Inc. CO$3.6M · 1.77%

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Source: U.S. Department of Labor, Form 5500 series, EIN 841073735 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.