Plan Ledger DOL Form 5500 · updated monthly

County Insulation Company401(k)

COUNTY INSULATION COMPANY 401K PROFIT SHARING PLAN · NEW CASTLE, DE · plan year 2024

Reported admin expense ratio · 2024
0.37%

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

County Insulation Company reported $45,042 in plan administrative expenses for 2024: 0.37% of average plan assets, above the peer median. Employer contributions averaged $1,430 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 0.40% to 0.37%. 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 among the smaller plans on file in Delaware (132nd of 242), and 2,724th of 5,337 in construction. In 2024, employees put in $1.97 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$12,663,346
Participants with balances105
Active participants167
Employer contributions$238,824
Employee contributions$469,782
Employer contribution per active participant$1,430
Average account balance$120,603
Benefits paid to participants$1,939,068
Plan auditUnmodified (clean) audit opinion
AuditorWHISMAN GIORDANO & ASSOCIATES
Plan history3
Yearassets · accounts · employer contribution
2024$12.7M · 105 accts · $239K emplr
2023$11.7M · 104 accts · $221K emplr
2022$10.3M · 107 accts · $215K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$45,042
Total administrative$45,042
The County Insulation Company 401(k) match · 2024
Employer contribution per active participant$1,430
Median for plans this size$2,416
2024$1,430 per active participant
2023$1,357 per active participant
2022$1,351 per active participant

County Insulation 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
PRINCIPAL INSURANCE COMPANY · Contract administrator · Loan processing$40,841
LIMESTONE PENSION ASSOCIATES LLC · Contract administrator · Other services$4,200
ROYAL ALLIANCE ASSOCIATES INC · Investment advisory (plan)indirect comp

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

Administrative cost history3
2024$45,042 · 0.37%
2023$38,838 · 0.35%
2022$46,671 · 0.40%
Similar plansConstruction · Delaware
Apex Piping Systems, Inc. DE$15.3M · 0.21%
Nickle Electrical Companies DE$15.2M · 0.03%
Capano Management Company DE$11.6M · 0.62%
Intelgica, Inc. DE$11.5M · 0.44%
Diamond Materials LLC DE$11.5M · 0.01%
P. J. Fitzpatrick, LLC DE$11.0M · 0.96%

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Source: U.S. Department of Labor, Form 5500 series, EIN 510111994 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.