Plan Ledger DOL Form 5500 · updated monthly

Culy Contracting LLC401(k)

CULY CONTRACTING LLC RETIREMENT SAVINGS PLAN · WINCHESTER, IN · plan year 2023

Reported admin expense ratio · 2023
0.16%

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

Culy Contracting LLC reported $5,705 in plan administrative expenses for 2023: 0.16% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,968 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 1 year on file its reported administrative ratio fell from 0.19% to 0.16%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in Indiana (1,249th of 1,562), and 4,235th of 5,337 in construction. In 2023, employees put in $1.24 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$3,984,964
Participants with balances141
Active participants119
Employer contributions$234,145
Employee contributions$290,533
Employer contribution per active participant$1,968
Average account balance$28,262
Benefits paid to participants$304,085
Plan auditUnmodified (clean) audit opinion
AuditorWHITINGER CO LLC
Plan history3
Yearassets · accounts · employer contribution
2024$0
2023$4.0M · 141 accts · $234K emplr
2022$3.2M · 140 accts · $222K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$5,705
Total administrative$5,705
The Culy Contracting LLC 401(k) match · 2023
Employer contribution per active participant$1,968
Median for plans this size$1,308
2023$1,968 per active participant
2022$1,968 per active participant

Culy Contracting LLC's 2023 employer contribution ran above the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20231
EDWARD D. JONES & CO.,L.P · Investment advisory (participants)$13,844

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

Administrative cost history3
2024Not separately reported
2023$5,705 · 0.16%
2022$6,733 · 0.19%
Same employer
Similar plansConstruction · Indiana
Browning Chapman LLC IN$4.4M · 1.06%
Foertsch Group, LLC IN$4.1M · 0.76%
K&K Industries Inc. IN$3.9M · 0.03%
Berry-It Inc IN$3.5M · 0.64%
Jdh Contracting, Inc. IN$3.4M · 0.05%
Ragle Incorporated IN$3.1M · 0.59%

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Source: U.S. Department of Labor, Form 5500 series, EIN 844834795 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.