Plan Ledger DOL Form 5500 · updated monthly

Engelberth Construction, Inc.401(k)

ENGELBERTH CONSTRUCTION, INC. 401(K) RETIREMENT PLAN · COLCHESTER, VT · plan year 2024

Reported admin expense ratio · 2024
0.65%

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

Engelberth Construction, Inc. reported $198,608 in plan administrative expenses for 2024: 0.65% of average plan assets, higher than ~90% of peers. Employer contributions averaged $3,593 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 0.39% to 0.65%. 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 58th-largest of 230 plans among Vermont employers on file, and the 1,469th of 5,337 in construction. In 2024, employees put in $3.09 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$31,837,674
Participants with balances146
Active participants113
Employer contributions$406,021
Employee contributions$1,254,876
Employer contribution per active participant$3,593
Average account balance$218,066
Benefits paid to participants$2,051,113
Plan auditUnmodified (clean) audit opinion
AuditorGALLAGHER FLYNN & CO LLP
Plan history3
Yearassets · accounts · employer contribution
2024$31.8M · 146 accts · $406K emplr
2023$29.4M · 143 accts · $398K emplr
2022$28.5M · 150 accts · $397K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$198,608
Total administrative$198,608
The Engelberth Construction, Inc. 401(k) match · 2024
Employer contribution per active participant$3,593
Median for plans this size$2,416
2024$3,593 per active participant
2023$3,681 per active participant
2022$3,485 per active participant

Engelberth Construction, Inc.'s 2024 employer contribution ran above the $2,416 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 · 20244
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$198,608
RAYMOND JAMES & ASSOCIATES, INC · Investment advisory (plan)indirect comp
FUTURE PLANNING ASSOCIATES, INC · Other servicesindirect comp
WILSHIRE ASSOCIATES INCORPORATED · Investment advisory (plan)indirect 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$198,608 · 0.65%
2023$115,133 · 0.40%
2022$121,733 · 0.39%
Same employer
Similar plansConstruction · Vermont
PC Construction Company VT$149.6M · 0.09%
Control Technologies, Inc. VT$24.5M · 0.03%
Engineers Construction, Inc VT$22.1M · 0.51%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 030228437 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.