Plan Ledger DOL Form 5500 · updated monthly

Fcl Builders, LLC401(k)

FCL BUILDERS, LLC 401(K) PLAN · ITASCA, IL · plan year 2024

Reported admin expense ratio · 2024
0.56%

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

Fcl Builders, LLC reported $128,829 in plan administrative expenses for 2024: 0.56% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,679 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 0.59% to 0.56%. 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 the 1,450th-largest of 3,702 plans among Illinois employers on file, and the 1,688th of 5,337 in construction. In 2024, employees put in $6.77 for every $1.00 the employer contributed; active participation has shrunk from 313 to 264 since 2022.

Plan summary
Net assets, end of year$26,046,852
Participants with balances383
Active participants264
Employer contributions$443,147
Employee contributions$3,000,705
Employer contribution per active participant$1,679
Average account balance$68,007
Benefits paid to participants$2,571,171
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$26.0M · 383 accts · $443K emplr
2023$20.2M · 384 accts · $458K emplr
2022$16.4M · 376 accts · $501K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$33,139
Investment management$95,690
Total administrative$128,829
The Fcl Builders, LLC 401(k) match · 2024
Employer contribution per active participant$1,679
Median for plans this size$2,416
2024$1,679 per active participant
2023$1,557 per active participant
2022$1,600 per active participant

Fcl Builders, LLC's 2024 employer contribution ran below the $2,416 median for plans its size. 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 · 20243
COMMONWEALTH FINANCIAL NETWORK · Investment advisory (plan)$87,272
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$33,139
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$8,418

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$128,829 · 0.56%
2023$105,028 · 0.57%
2022$98,088 · 0.59%
Same employer
Similar plansConstruction · Illinois
Nti Connect, LLC IL$28.2M · 0.29%
Executive Construction Inc. IL$27.2M · 0.06%
Plote Construction, Inc. IL$24.9M · 0.06%

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Source: U.S. Department of Labor, Form 5500 series, EIN 770707737 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.