Plan Ledger DOL Form 5500 · updated monthly

D & M Contracting, Inc.401(k)

D & M CONTRACTING, INC. DAVIS BACON 401(K) PROFIT SHARING PLAN · NEW ALEXANDRIA, PA · plan year 2024

Reported admin expense ratio · 2024
0.75%

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

D & M Contracting, Inc. reported $62,735 in plan administrative expenses for 2024: 0.75% of average plan assets, above the peer median. Employer contributions averaged $3,749 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 0.75%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other utilities employers. By assets it is among the smaller plans on file in Pennsylvania (2,399th of 3,651), and 335th of 412 in utilities. In 2024, the employer put in $1.18 for every $1.00 employees contributed themselves; active participation has grown from 104 to 120 since 2022.

Plan summary
Net assets, end of year$8,973,609
Participants with balances113
Active participants120
Employer contributions$449,899
Employee contributions$381,984
Employer contribution per active participant$3,749
Average account balance$79,412
Benefits paid to participants$450,281
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$9.0M · 113 accts · $450K emplr
2023$7.9M · 137 accts · $440K emplr
2022$6.8M · 153 accts · $557K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$11,439
Investment management$41,371
Total administrative$62,735
The D & M Contracting, Inc. 401(k) match · 2024
Employer contribution per active participant$3,749
Median for plans this size$1,313
2024$3,749 per active participant
2023$3,698 per active participant
2022$5,355 per active participant

D & M Contracting, Inc.'s 2024 employer contribution ran above the $1,313 median for plans its size, placing it in the top quarter of its peers. 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
ASCENSUS · Recordkeeping · Loan processing$16,164
COMMONWEALTH FINANCIAL NETWORK · Investment advisory (participants) · Investment advisory (plan)$41,371
M2B RETIREMENT CONSULTING LLC · Other services$5,200

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

Recordkeeper by year2
2024Ascensus
2023Ascensus

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Administrative cost history3
2024$62,735 · 0.75%
2023$57,487 · 0.79%
2022$62,137 · 0.74%
Similar plansUtilities · Pennsylvania
Pennenergy Resources, LLC PA$27.3M · 0.01%
The York Water Company PA$16.5M · 0.38%
Spiniello Companies NJ$9.5M · 0.14%
United Telephone Company TN$9.2M · 0.49%

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Source: U.S. Department of Labor, Form 5500 series, EIN 251803176 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.