Plan Ledger DOL Form 5500 · updated monthly

Doggett Concrete, Inc.401(k)

CONCRETE COMPANIES EMPLOYEE'S 401(K) PLAN · CHARLOTTE, NC · plan year 2022

Reported admin expense ratio · 2022
0.90%

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

Doggett Concrete, Inc. reported $19,089 in plan administrative expenses for 2022: 0.90% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,822 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 North Carolina (1,777th of 2,005), and 4,830th of 5,337 in construction. In 2022, employees put in $3.33 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$1,997,611
Participants with balances83
Active participants70
Employer contributions$127,517
Employee contributions$424,836
Employer contribution per active participant$1,822
Average account balance$24,068
Benefits paid to participants$407,819
Plan auditUnmodified (clean) audit opinion
AuditorPARSONS CPA
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$10,765
Investment management$8,324
Total administrative$19,089
The Doggett Concrete, Inc. 401(k) match · 2022
Employer contribution per active participant$1,822
Median for plans this size$1,114

Doggett Concrete, Inc.'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$19,089 · 0.90%
Same employer
Similar plansConstruction · North Carolina
Powerworks Electric, LLC NC$2.2M · 0.22%
Aptus Group USA NC$1.9M · 0.26%

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Source: U.S. Department of Labor, Form 5500 series, EIN 561858509 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.