Plan Ledger DOL Form 5500 · updated monthly

D. L. George & Sons Construction Company401(k)

D. L. GEORGE & SONS 401(K) PLAN · WAYNESBORO, PA · plan year 2024

Reported admin expense ratio · 2024
0.52%

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

D. L. George & Sons Construction Company reported $41,725 in plan administrative expenses for 2024: 0.52% of average plan assets, below the peer median. Employer contributions averaged $1,263 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 0.517%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in Pennsylvania (2,462nd of 3,651), and 3,318th of 5,337 in construction. In 2024, employees put in $1.82 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$8,520,554
Participants with balances257
Active participants245
Employer contributions$309,401
Employee contributions$563,588
Employer contribution per active participant$1,263
Average account balance$33,154
Benefits paid to participants$881,960
Plan auditUnmodified (clean) audit opinion
AuditorBOYER & RITTER
Plan history3
Yearassets · accounts · employer contribution
2024$8.5M · 257 accts · $309K emplr
2023$7.6M · 256 accts · $408K emplr
2022$6.7M · 276 accts · $401K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$25,618
Investment management$16,107
Total administrative$41,725
The D. L. George & Sons Construction Company 401(k) match · 2024
Employer contribution per active participant$1,263
Median for plans this size$1,313
2024$1,263 per active participant
2023$1,738 per active participant
2022$1,609 per active participant

D. L. George & Sons Construction Company's 2024 employer contribution ran below the $1,313 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
ALERUS FINANCIAL · Recordkeeping · Custodial (securities)$25,618
CBIZ RETIREMENT PLAN SERVICES$16,107

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

Recordkeeper by year2
2024Alerus
2023Alerus

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

Administrative cost history3
2024$41,725 · 0.52%
2023$38,272 · 0.53%
2022$38,616 · 0.52%
Same employer
Similar plansConstruction · Pennsylvania
Muncy Homes, Inc. PA$9.1M · 0.40%
Simplex Industries Inc PA$8.8M · 0.76%
A & E Construction Co. PA$8.0M · 0.01%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 251373199 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.