Plan Ledger DOL Form 5500 · updated monthly

Dryco Construction, Inc.401(k)

DRYCO CONSTRUCTION, INC. RETIREMENT PLAN · FREMONT, CA · plan year 2024

Reported admin expense ratio · 2024
0.39%

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

Dryco Construction, Inc. reported $100,117 in plan administrative expenses for 2024: 0.39% of average plan assets, above the peer median. Employer contributions averaged $9,241 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 fell from 0.73% to 0.39%. 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 2,804th-largest of 9,483 plans among California employers on file, and the 1,592nd of 5,337 in construction. In 2024, the employer put in $1.87 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$28,327,264
Participants with balances395
Active participants346
Employer contributions$3,197,458
Employee contributions$1,710,203
Employer contribution per active participant$9,241
Average account balance$71,715
Benefits paid to participants$2,600,762
Plan auditUnmodified (clean) audit opinion
AuditorLBMC, PC
Plan history3
Yearassets · accounts · employer contribution
2024$28.3M · 395 accts · $3.2M emplr
2023$23.3M · 385 accts · $2.2M emplr
2022$19.2M · 387 accts · $2.3M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$33,890
Investment management$66,227
Total administrative$100,117
The Dryco Construction, Inc. 401(k) match · 2024
Employer contribution per active participant$9,241
Median for plans this size$2,416
2024$9,241 per active participant
2023$7,449 per active participant
2022$6,343 per active participant

Dryco Construction, 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 · 20243
CONCENTRUM WEALTH MANAGEMENT · Investment advisory (plan)$65,443
EMPOWER ADVISORY GROUP, LLC · Investment management$784

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$100,117 · 0.39%
2023$112,537 · 0.53%
2022$141,835 · 0.73%
Same employer
Similar plansConstruction · California
R.D.M. Electric Co., Inc. CA$29.5M · 0.33%
Largo Concrete, Inc. CA$29.2M · 0.45%
Novo Construction, Inc. CA$28.1M · 0.06%
Hmh Engineers CA$28.0M · 0.27%
Bayview Services, Inc. CA$28.0M · 0.33%

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Source: U.S. Department of Labor, Form 5500 series, EIN 943067851 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.