Plan Ledger DOL Form 5500 · updated monthly

Erland Construction, Inc.401(k)

ERLAND CONSTRUCTION, INC. 401(K) PLAN · BURLINGTON, MA · plan year 2023

Reported admin expense ratio · 2023
0.29%

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

Erland Construction, Inc. reported $81,779 in plan administrative expenses for 2023: 0.29% of average plan assets, above the peer median. Employer contributions averaged $1,321 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 1 year on file its reported administrative ratio rose from 0.25% to 0.29%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other construction employers. By assets it is the 1,011th-largest of 2,726 plans among Massachusetts employers on file, and the 1,531st of 5,337 in construction. In 2023, employees put in $9.29 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$29,946,844
Participants with balances128
Active participants84
Employer contributions$110,982
Employee contributions$1,031,147
Employer contribution per active participant$1,321
Average account balance$233,960
Benefits paid to participants$5,156,495
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2023$29.9M · 128 accts · $111K emplr
2022$25.6M · 149 accts · $309K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$10,564
Investment management$60,815
Audit (IQPA)$10,400
Total administrative$81,779
The Erland Construction, Inc. 401(k) match · 2023
Employer contribution per active participant$1,321
Median for plans this size$2,440
2023$1,321 per active participant
2022$2,618 per active participant

Erland Construction, Inc.'s 2023 employer contribution ran below the $2,440 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20234
ONEDIGITAL INVESTMENT ADVISORS, LLC · Investment advisory (plan)$60,815
CARON & BLETZER, PLLC · Accounting / audit$10,400
THE PENSION SERVICE, INC. · Contract administrator$9,601

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

Administrative cost history2
2023$81,779 · 0.29%
2022$68,918 · 0.25%
All plans at this employer2
ERLAND CONSTRUCTION, INC. 401(K) PLAN401(k)
ERLAND CONSTRUCTION EMPLOYEE STOCK OWNERSHIP PLANESOP
Similar plansConstruction · Massachusetts
J.C. Cannistraro, LLC. MA$33.3M · 0.39%
Zampell Refractories, Inc. MA$32.6M · 0.03%
Nexamp, Inc. MA$31.7M · 0.68%
Dellbrook Construction, LLC MA$30.6M · 0.17%
Lee Kennedy Co, Inc. MA$29.0M · 0.44%

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Source: U.S. Department of Labor, Form 5500 series, EIN 042606179 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.