Plan Ledger DOL Form 5500 · updated monthly

F.H. Furr Plumbing, Heating & Air Conditioning, Inc.401(k)

F.H. FURR PLUMBING, HEATING & AIR CONDITIONING, INC. 401(K) PLAN · MANASSAS, VA · plan year 2023

Reported admin expense ratio · 2023
0.77%

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

F.H. Furr Plumbing, Heating & Air Conditioning, Inc. reported $64,885 in plan administrative expenses for 2023: 0.77% of average plan assets, above the peer median. Employer contributions averaged $322 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 0.96% to 0.77%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in Virginia (1,534th of 2,266), and 3,254th of 5,337 in construction. In 2023, employees put in $11.10 for every $1.00 the employer contributed; active participation has grown from 237 to 331 since 2021.

Plan summary
Net assets, end of year$8,901,330
Participants with balances432
Active participants331
Employer contributions$106,627
Employee contributions$1,183,816
Employer contribution per active participant$322
Average account balance$20,605
Benefits paid to participants$1,474,639
Plan auditUnmodified (clean) audit opinion
AuditorGRF CPAS & ADVISORS
Plan history4
Yearassets · accounts · employer contribution
2024$0
2023$8.9M · 432 accts · $107K emplr
2022$7.9M · 373 accts · $103K emplr
2021$8.9M · 319 accts · $82K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$64,885
Total administrative$64,885
The F.H. Furr Plumbing, Heating & Air Conditioning, Inc. 401(k) match · 2023
Employer contribution per active participant$322
Median for plans this size$1,308
2023$322 per active participant
2022$344 per active participant
2021$348 per active participant

F.H. Furr Plumbing, Heating & Air Conditioning, Inc.'s 2023 employer contribution ran below the $1,308 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 · 20231
JOHN HANCOCK · Recordkeeping · Investment management$3,605

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

Recordkeeper by year2
2024John Hancock
2023John Hancock

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history4
2024Not separately reported
2023$64,885 · 0.77%
2022$63,070 · 0.75%
2021$80,503 · 0.96%
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Source: U.S. Department of Labor, Form 5500 series, EIN 541457942 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.