Plan Ledger DOL Form 5500 · updated monthly

Erie Construction Mid-West, Inc.401(k)

ERIE CONSTRUCTION MID-WEST, INC. 401(K) RETIREMENT PLAN · TOLEDO, OH · plan year 2024

Reported admin expense ratio · 2024
0.80%

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

Erie Construction Mid-West, Inc. reported $87,061 in plan administrative expenses for 2024: 0.80% of average plan assets, higher than ~90% of peers. Employer contributions averaged $352 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 0.88% to 0.80%. 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 among the smaller plans on file in Ohio (1,817th of 3,295), and 2,792nd of 5,337 in construction. In 2024, employees put in $6.38 for every $1.00 the employer contributed; active participation has grown from 906 to 1,076 since 2022.

Plan summary
Net assets, end of year$12,086,133
Participants with balances390
Active participants1,076
Employer contributions$378,681
Employee contributions$2,414,189
Employer contribution per active participant$352
Average account balance$30,990
Benefits paid to participants$2,101,468
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$12.1M · 390 accts · $379K emplr
2023$9.7M · 334 accts · $89K emplr
2022$7.2M · 218 accts · $138K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$58,608
Investment management$28,453
Total administrative$87,061
The Erie Construction Mid-West, Inc. 401(k) match · 2024
Employer contribution per active participant$352
Median for plans this size$2,416
2024$352 per active participant
2023$90 per active participant
2022$152 per active participant

Erie Construction Mid-West, Inc.'s 2024 employer contribution ran below the $2,416 median for plans its size, in the bottom 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 · 20242
CREATIVE PLANNING LLC · Investment advisory (plan)$36,201

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$87,061 · 0.80%
2023$64,900 · 0.77%
2022$64,717 · 0.88%
Same employer
Similar plansConstruction · Ohio
Vec, Inc. OH$12.4M · 0.52%
Welty Building Company LTD. OH$11.8M · 0.66%
First Equity Holdings OH$10.9M · 0.56%

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Source: U.S. Department of Labor, Form 5500 series, EIN 341712631 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.