Plan Ledger DOL Form 5500 · updated monthly

Consolidated Waterproofing Contractors, Inc.401(k)

CONSOLIDATED WATERPROOFING CONTRACTORS, INC 401(K) CONTRIBUTION PROFIT SHARING PLAN · BELTSVILLE, MD · plan year 2024

Reported admin expense ratio · 2024
0.34%

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

Consolidated Waterproofing Contractors, Inc. reported $66,036 in plan administrative expenses for 2024: 0.34% of average plan assets, above the peer median. Employer contributions averaged $2,371 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 0.337%. 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 623rd-largest of 1,671 plans among Maryland employers on file, and the 1,933rd 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$21,361,214
Participants with balances248
Active participants244
Employer contributions$578,534
Employee contributions$852,032
Employer contribution per active participant$2,371
Average account balance$86,134
Benefits paid to participants$734,573
Plan auditUnmodified (clean) audit opinion
AuditorSHELTON & COMPANY, CPAS, PC
Plan history3
Yearassets · accounts · employer contribution
2024$21.4M · 248 accts · $579K emplr
2023$17.8M · 262 accts · $577K emplr
2022$13.8M · 247 accts · $473K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$36,036
Investment management$30,000
Total administrative$66,036
The Consolidated Waterproofing Contractors, Inc. 401(k) match · 2024
Employer contribution per active participant$2,371
Median for plans this size$2,416
2024$2,371 per active participant
2023$1,969 per active participant
2022$1,785 per active participant

Consolidated Waterproofing Contractors, 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
THE VANGUARD GROUP, INC. · Recordkeeping · Loan processing$36,036
SAFE HARBOR INVESTMENT ADVISORS · Investment advisory (plan)$30,000

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

Recordkeeper by year2
2024Vanguard
2023Vanguard

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

Administrative cost history3
2024$66,036 · 0.34%
2023$63,504 · 0.40%
2022$58,594 · 0.34%
Same employer
Similar plansConstruction · Maryland
Case Design/Remodeling,Inc. MD$22.1M · 0.49%
Buch Construction, Inc. MD$21.5M · 0.41%
Concrete General, Inc. MD$21.1M · 0.56%
Kogok Corporation MD$19.7M · 0.40%
P. Flanigan and Sons, Inc. MD$19.5M · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 521874733 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.