Plan Ledger DOL Form 5500 · updated monthly

Falcon Heating & Air Conditioning, Inc.401(k)

FALCON 401 (K) PLAN · STERLING, VA · plan year 2022

Reported admin expense ratio · 2022
0.01%

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

Falcon Heating & Air Conditioning, Inc. reported $175 in plan administrative expenses for 2022: 0.01% of average plan assets, lower than ~75% of peers. Employer contributions averaged $154 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in Virginia (2,086th of 2,266), and 4,833rd of 5,337 in construction. In 2022, employees put in $11.52 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$1,983,605
Participants with balances61
Active participants102
Employer contributions$15,704
Employee contributions$180,943
Employer contribution per active participant$154
Average account balance$32,518
Benefits paid to participants$6,227
Plan auditUnmodified (clean) audit opinion
AuditorAPRIO LLP
Administrative expenses, itemized · 2022
Professional / advisory$175
Total administrative$175
The Falcon Heating & Air Conditioning, Inc. 401(k) match · 2022
Employer contribution per active participant$154
Median for plans this size$1,114

Falcon Heating & Air Conditioning, Inc.'s 2022 employer contribution ran below the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$175 · 0.01%
Similar plansConstruction · Virginia
Office Remedies, Inc. VA$2.1M · 0.89%
S.A. Halac, Inc. VA$1.9M · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 541516543 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.