Plan Ledger DOL Form 5500 · updated monthly

East Coast Repair and Fabrication, LLC401(k)

EAST COAST REPAIR AND FABRICATION 401(K) PROFIT SHARING PLAN · PORTSMOUTH, VA · plan year 2025

Reported admin expense ratio · 2025
0.46%

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

East Coast Repair and Fabrication, LLC reported $68,816 in plan administrative expenses for 2025: 0.46% of average plan assets, higher than ~75% of peers. Employer contributions averaged $4,792 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 3 years on file its reported administrative ratio fell from 0.49% to 0.46%. The plan sits in the $10M–$50M size bracket, benchmarked here against 1,620 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Virginia (1,158th of 2,266), and 6,909th of 13,661 in manufacturing. In 2025, employees put in $1.32 for every $1.00 the employer contributed; active participation has grown from 208 to 245 since 2022.

Plan summary
Net assets, end of year$15,630,223
Participants with balances301
Active participants245
Employer contributions$1,174,095
Employee contributions$1,552,461
Employer contribution per active participant$4,792
Average account balance$51,928
Benefits paid to participants$2,784,182
Plan auditUnmodified (clean) audit opinion
Plan history4
Yearassets · accounts · employer contribution
2025$15.6M · 301 accts · $1.2M emplr
2024$14.0M · 236 accts · $1.1M emplr
2023$13.1M · 362 accts · $1.1M emplr
2022$10.7M · 382 accts · $958K emplr
Administrative expenses, itemized · 2025
Recordkeeping & contract admin$43,215
Investment management$25,601
Total administrative$68,816
The East Coast Repair and Fabrication, LLC 401(k) match · 2025
Employer contribution per active participant$4,792
Median for plans this size$2,666
2025$4,792 per active participant
2024$4,712 per active participant
2023$4,753 per active participant
2022$4,604 per active participant

East Coast Repair and Fabrication, LLC's 2025 employer contribution ran above the $2,666 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 2025 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20252
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$42,474
TRUIST INVESTMENT SRVCS · Investment advisory (plan)$25,601

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

Administrative cost history4
2025$68,816 · 0.46%
2024$31,529 · 0.23%
2023$61,045 · 0.51%
2022$53,787 · 0.49%
Same employer
Similar plansManufacturing · Virginia
Cuisine Solutions, Inc. VA$17.0M · 0.50%
American Mine Research VA$16.2M · 0.07%
Dynex Technologies, Inc. VA$14.9M · 0.16%
Uttermost Company VA$14.5M · 0.07%
Progress Printing Company VA$14.0M · 0.05%

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Source: U.S. Department of Labor, Form 5500 series, EIN 261653965 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.