Plan Ledger DOL Form 5500 · updated monthly

Engineers Construction, Inc401(k)

ENGINEERS CONSTRUCTION, INC. 401(K) PROFIT SHARING PLAN · WILLISTON, VT · plan year 2024

Reported admin expense ratio · 2024
0.51%

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

Engineers Construction, Inc reported $103,396 in plan administrative expenses for 2024: 0.51% of average plan assets, higher than ~75% of peers. Employer contributions averaged $3,673 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 0.38% to 0.51%. 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 85th-largest of 230 plans among Vermont employers on file, and the 1,883rd of 5,337 in construction. In 2024, employees put in $1.63 for every $1.00 the employer contributed; active participation has grown from 159 to 203 since 2022.

Plan summary
Net assets, end of year$22,148,017
Participants with balances248
Active participants203
Employer contributions$745,610
Employee contributions$1,216,540
Employer contribution per active participant$3,673
Average account balance$89,307
Benefits paid to participants$1,105,690
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$22.1M · 248 accts · $746K emplr
2023$18.6M · 232 accts · $595K emplr
2022$16.4M · 213 accts · $358K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$31,220
Investment management$72,176
Total administrative$103,396
The Engineers Construction, Inc 401(k) match · 2024
Employer contribution per active participant$3,673
Median for plans this size$2,416
2024$3,673 per active participant
2023$3,459 per active participant
2022$2,251 per active participant

Engineers 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 · 20242
NEWPORT GROUP, INC. · Loan processing · Recordkeeping$31,220
MORGAN STANLEY GLOBAL · Investment advisory (plan)$72,176

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$103,396 · 0.51%
2023$48,429 · 0.28%
2022$65,555 · 0.38%
All plans at this employer2
ENGINEERS CONSTRUCTION, INC. 401(K) PROFIT SHARING PLAN401(k)
ECI EMPLOYEE STOCK OWNERSHIP PLANESOP
Same employer
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Source: U.S. Department of Labor, Form 5500 series, EIN 030218743 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.