Plan Ledger DOL Form 5500 · updated monthly

Ev Construction Co401(k)

EV CONSTRUCTION CO 401(K) PLAN · HOLLAND, MI · plan year 2025

Reported admin expense ratio · 2025
0.53%

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

Ev Construction Co reported $101,402 in plan administrative expenses for 2025: 0.53% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,474 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 4 years on file its reported administrative ratio has held roughly steady near 0.53%. The plan sits in the $10M–$50M size bracket, benchmarked here against 1,620 comparable plans and shown alongside other construction employers. By assets it is the 1,007th-largest of 2,619 plans among Michigan employers on file, and the 1,965th of 5,337 in construction. In 2025, employees put in $5.01 for every $1.00 the employer contributed; active participation has grown from 156 to 200 since 2022.

Plan summary
Net assets, end of year$20,832,411
Participants with balances224
Active participants200
Employer contributions$294,894
Employee contributions$1,476,586
Employer contribution per active participant$1,474
Average account balance$93,002
Benefits paid to participants$1,006,338
Plan auditUnmodified (clean) audit opinion
AuditorHUNGERFORD
Plan history4
Yearassets · accounts · employer contribution
2025$20.8M · 224 accts · $295K emplr
2024$17.7M · 206 accts · $272K emplr
2023$15.1M · 197 accts · $247K emplr
2022$12.0M · 194 accts · $233K emplr
Administrative expenses, itemized · 2025
Recordkeeping & contract admin$101,402
Total administrative$101,402
The Ev Construction Co 401(k) match · 2025
Employer contribution per active participant$1,474
Median for plans this size$2,666
2025$1,474 per active participant
2024$1,589 per active participant
2023$1,556 per active participant
2022$1,494 per active participant

Ev Construction Co's 2025 employer contribution ran below the $2,666 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 2025 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20253
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$101,402
BAIRD INSURANCE SERVICES INC · Other servicesindirect comp
MORNINGSTAR INVESTMENT MANAGEMENT L · Investment advisory (participants)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 history4
2025$101,402 · 0.53%
2024$88,275 · 0.54%
2023$70,592 · 0.52%
2022$64,034 · 0.51%
Same employer
Similar plansConstruction · Michigan
J Ranck Electric, Inc. MI$22.7M · 0.44%
Pleune Service Company MI$22.6M · 0.26%
Andy J. Egan Company, Inc. MI$21.8M · 0.46%
E.T. Mackenzie Company MI$20.8M · 0.41%
Pioneer Incorporated MI$20.5M · 0.31%
Kasco, LLC MI$20.1M · 0.35%

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Source: U.S. Department of Labor, Form 5500 series, EIN 381305105 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.