Plan Ledger DOL Form 5500 · updated monthly

Ferguson Construction Company401(k)

FERGUSON CONSTRUCTION COMPANY 401(K) PLAN FOR OPERATIONS · SIDNEY, OH · plan year 2024

Reported admin expense ratio · 2024
0.46%

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

Ferguson Construction Company reported $58,311 in plan administrative expenses for 2024: 0.46% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,252 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 rose from 0.36% to 0.46%. 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 among the smaller plans on file in Ohio (1,699th of 3,295), and the 2,641st of 5,337 in construction. In 2024, employees put in $2.20 for every $1.00 the employer contributed; active participation has grown from 171 to 228 since 2022.

Plan summary
Net assets, end of year$13,484,974
Participants with balances162
Active participants228
Employer contributions$285,382
Employee contributions$626,789
Employer contribution per active participant$1,252
Average account balance$83,241
Benefits paid to participants$589,873
Plan auditUnmodified (clean) audit opinion
AuditorMCCRATE, DELAET AND CO.
Plan history3
Yearassets · accounts · employer contribution
2024$13.5M · 162 accts · $285K emplr
2023$11.8M · 170 accts · $295K emplr
2022$10.2M · 177 accts · $317K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$58,311
Total administrative$58,311
The Ferguson Construction Company 401(k) match · 2024
Employer contribution per active participant$1,252
Median for plans this size$2,416
2024$1,252 per active participant
2023$1,629 per active participant
2022$1,854 per active participant

Ferguson Construction Company's 2024 employer contribution ran below the $2,416 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
TRANSAMERICA RETIREMENT SOLUTIONS · Recordkeeping · Loan processing$58,311
U.S BANCORP INSURANCE · Insurance broker · Insurance servicesindirect comp

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

Recordkeeper by year2
2024Transamerica
2023Transamerica

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

Administrative cost history3
2024$58,311 · 0.46%
2023$44,247 · 0.40%
2022$41,695 · 0.36%
Same employer
Similar plansConstruction · Ohio
Geis Construction, Inc. OH$14.6M · 0.02%
Marker, Inc. OH$13.9M · 0.61%
Seam Group LLC OH$13.5M · 0.40%
Able Roofing, LLC OH$13.1M · 0.53%

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Source: U.S. Department of Labor, Form 5500 series, EIN 344418915 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.