Plan Ledger DOL Form 5500 · updated monthly

David M. Maines Associates, Inc.401(k)

DAVID M. MAINES & ASSOCIATES, INC. 401(K) PLAN · LEWISTOWN, PA · plan year 2024

Reported admin expense ratio · 2024
0.44%

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

David M. Maines Associates, Inc. reported $89,204 in plan administrative expenses for 2024: 0.44% of average plan assets, above the peer median. Employer contributions averaged $14,227 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 rose from 0.04% to 0.44%. 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 the 1,456th-largest of 3,651 plans among Pennsylvania employers on file, and the 1,890th of 5,337 in construction. In 2024, the employer put in $2.78 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$22,031,708
Participants with balances151
Active participants112
Employer contributions$1,593,436
Employee contributions$572,745
Employer contribution per active participant$14,227
Average account balance$145,905
Benefits paid to participants$858,927
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$22.0M · 151 accts · $1.6M emplr
2023$18.7M · 128 accts · $1.1M emplr
2022$16.0M · 148 accts · $1.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$89,204
Total administrative$89,204
The David M. Maines Associates, Inc. 401(k) match · 2024
Employer contribution per active participant$14,227
Median for plans this size$2,416
2024$14,227 per active participant
2023$10,668 per active participant
2022$8,665 per active participant

David M. Maines Associates, Inc.'s 2024 employer contribution ran above the $2,416 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 · 20244
STANCORP FINANCIAL GROUP, INC. · Claims processing · Recordkeeping$39,686
FIRST NATIONAL TRUST COMPANY · Investment advisory (plan)$45,794
INTEGRATED RETIREMENT PLAN SOLUTION · Investment advisory (plan)$13,381
CHARLES SCHWAB & CO., INC. · Custodial (securities)$6,620

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

Recordkeeper by year2
2024The Standard
2023The Standard

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

Administrative cost history3
2024$89,204 · 0.44%
2023$83,606 · 0.48%
2022$5,874 · 0.04%
Same employer
Similar plansConstruction · Pennsylvania
Vibra-Tech Engineers, Inc. PA$24.0M · 0.92%
George J. Hayden, Inc PA$22.1M · 0.05%
Brubacher Excavating, Inc. PA$21.8M · 0.33%
Pkf-Mark III, Inc. PA$21.7M · 0.09%
Haller Enterprises, LLC PA$21.6M · 0.50%

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Source: U.S. Department of Labor, Form 5500 series, EIN 232581270 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.