Plan Ledger DOL Form 5500 · updated monthly

Don E. Bower, Inc.401(k)

DON E. BOWER, INC. 401(K) PLAN · BERWICK, PA · plan year 2024

Reported admin expense ratio · 2024
0.69%

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

Don E. Bower, Inc. reported $35,726 in plan administrative expenses for 2024: 0.69% of average plan assets, above the peer median. Employer contributions averaged $1,864 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 0.49% to 0.69%. 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 (2,835th of 3,651), and 3,894th of 5,337 in construction. In 2024, the employer put in $1.22 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$5,425,199
Participants with balances114
Active participants74
Employer contributions$137,949
Employee contributions$113,356
Employer contribution per active participant$1,864
Average account balance$47,589
Benefits paid to participants$342,145
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$5.4M · 114 accts · $138K emplr
2023$5.0M · 113 accts · $128K emplr
2022$4.5M · 138 accts · $130K emplr
The Don E. Bower, Inc. 401(k) match · 2024
Employer contribution per active participant$1,864
Median for plans this size$1,313
2024$1,864 per active participant
2023$1,702 per active participant
2022$1,915 per active participant

Don E. Bower, Inc.'s 2024 employer contribution ran above 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 · 20246
MORNINGSTAR INC$1,038
CREATIVE RETIREMENT SYSTEMS INC. · Contract administrator$780
EMPOWER ADVISORY GROUP, LLC · Investment management$37
PARK AVENUE SECURITIES LLCindirect comp
MML INVESTORS SERVICES LLCindirect comp

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

Administrative cost history3
2024$35,726 · 0.69%
2023$26,102 · 0.55%
2022$24,452 · 0.49%
Similar plansConstruction · Pennsylvania
Sage Senior Living, LLC PA$5.6M · 1.42%
Dgi-Menard, Inc. PA$5.4M · 0.32%
Ernest Bock & Sons, Inc. PA$5.3M · 0.89%
Eichelbergers, Inc. PA$4.9M · 0.67%

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Source: U.S. Department of Labor, Form 5500 series, EIN 232132575 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.