Plan Ledger DOL Form 5500 · updated monthly

Crowder Constructors Inc.401(k)

CROWDER CONSTRUCTORS 401(K) SAVINGS AND PROFIT-SHARING PLAN · CHARLOTTE, NC · plan year 2024

Reported admin expense ratio · 2024
0.26%

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

Crowder Constructors Inc. reported $190,648 in plan administrative expenses for 2024: 0.26% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,170 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 0.28% to 0.26%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other construction employers. By assets it is the 265th-largest of 2,005 plans among North Carolina employers on file, and the 771st of 5,337 in construction. In 2024, employees put in $3.58 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$76,333,289
Participants with balances841
Active participants682
Employer contributions$1,479,714
Employee contributions$5,298,294
Employer contribution per active participant$2,170
Average account balance$90,765
Benefits paid to participants$6,357,208
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$76.3M · 841 accts · $1.5M emplr
2023$72.6M · 852 accts · $1.4M emplr
2022$59.4M · 841 accts · $1.6M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$190,648
Total administrative$190,648
The Crowder Constructors Inc. 401(k) match · 2024
Employer contribution per active participant$2,170
Median for plans this size$3,635
2024$2,170 per active participant
2023$2,171 per active participant
2022$2,483 per active participant

Crowder Constructors Inc.'s 2024 employer contribution ran below the $3,635 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 LIFE INSURANCE COMPANY · Contract administrator · Loan processing$190,648
CREATIVE PLANNING, INC. · Investment advisory (plan)indirect comp
CREATIVE PLANNING, LLC · Investment advisory (participants)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$190,648 · 0.26%
2023$179,926 · 0.27%
2022$168,183 · 0.28%
Same employer
Similar plansConstruction · North Carolina
Precision Walls, Inc. NC$140.6M · 0.00%
S.T. Wooten Corporation NC$74.4M · 0.33%
Jf Acquistion, LLC NC$67.5M · 0.61%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 260388512 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.