Plan Ledger DOL Form 5500 · updated monthly

Conlon Construction Company401(k)

CONLON CONSTRUCTION COMPANY 401(K) PROFIT SHARING PLAN · DUBUQUE, IA · plan year 2024

Reported admin expense ratio · 2024
0.18%

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

Conlon Construction Company reported $50,943 in plan administrative expenses for 2024: 0.18% of average plan assets, below the peer median. Employer contributions averaged $1,873 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 fell from 0.21% to 0.18%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other construction employers. By assets it is the 309th-largest of 878 plans among Iowa employers on file, and the 1,569th of 5,337 in construction. In 2024, employees put in $3.43 for every $1.00 the employer contributed; active participation has shrunk from 237 to 161 since 2022.

Plan summary
Net assets, end of year$29,015,664
Participants with balances141
Active participants161
Employer contributions$301,476
Employee contributions$1,034,797
Employer contribution per active participant$1,873
Average account balance$205,785
Benefits paid to participants$4,292,281
Plan auditUnmodified (clean) audit opinion
AuditorRSM US LLP
Plan history3
Yearassets · accounts · employer contribution
2024$29.0M · 141 accts · $301K emplr
2023$27.7M · 139 accts · $244K emplr
2022$24.9M · 148 accts · $253K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$36,752
Investment management$14,168
Trustee / custodial$23
Total administrative$50,943
The Conlon Construction Company 401(k) match · 2024
Employer contribution per active participant$1,873
Median for plans this size$2,416
2024$1,873 per active participant
2023$1,218 per active participant
2022$1,069 per active participant

Conlon Construction Company'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 · 20243
JULY BUSINESS SERVICES LLC · Recordkeeping$24,983
STRATEGIC RETIREMENT PARTNERS · Investment advisory (participants) · Investment advisory (plan)$14,168
HTLF RETIREMENT PLAN SERVICES · Investment advisory (participants) · Investment advisory (plan)$11,774

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

Recordkeeper by year2
2024July Business Services
2023DUBUQUE BANK & TRUST COMPANY

This plan has changed recordkeepers within these filings. If you left Conlon Construction Company before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$50,943 · 0.18%
2023$56,488 · 0.21%
2022$56,962 · 0.21%
Same employer
Similar plansConstruction · Iowa
Cramer & Associates, Inc. IA$32.0M · 0.56%
Scintilla Eg Holdings, Inc. IA$31.0M · 0.36%
Russell Group Inc IA$30.9M · 0.26%
Carl a. Nelson & Company IA$28.5M · 0.16%
C J Moyna & Sons LLC IA$27.2M · 0.35%
Seedorff Holdings, Inc. IA$26.1M · 0.29%

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Source: U.S. Department of Labor, Form 5500 series, EIN 420655227 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.