Plan Ledger DOL Form 5500 · updated monthly

Degan Construction, LLC401(k)

DEGAN CONSTRUCTION 401(K) RETIREMENT PLAN · PHOENIX, AZ · plan year 2022

Reported admin expense ratio · 2022
0.05%

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

Degan Construction, LLC reported $1,150 in plan administrative expenses for 2022: 0.05% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,208 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in Arizona (1,025th of 1,285), and 4,711th of 5,337 in construction. In 2022, employees put in $1.76 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$2,409,174
Participants with balances59
Active participants145
Employer contributions$175,198
Employee contributions$307,616
Employer contribution per active participant$1,208
Average account balance$40,833
Benefits paid to participants$127,503
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$1,150
Total administrative$1,150
The Degan Construction, LLC 401(k) match · 2022
Employer contribution per active participant$1,208
Median for plans this size$1,114

Degan Construction, LLC's 2022 employer contribution ran above the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$1,150 · 0.05%
Similar plansConstruction · Arizona
Elevation Solar LLC AZ$2.5M · 0.75%
Home Brands Group LLC AZ$2.2M · 1.69%
Arok Inc. AZ$2.1M · 0.96%
K2 Electric, LLC AZ$2.1M · 0.82%

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Source: U.S. Department of Labor, Form 5500 series, EIN 208711935 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.