Plan Ledger DOL Form 5500 · updated monthly

Ferreira Construction Co., Inc.401(k)

FERREIRA CONSTRUCTION COMPANY, INC. 401(K) PROFIT SHARING PLAN · BRANCHBURG, NJ · plan year 2024

Reported admin expense ratio · 2024
0.65%

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

Ferreira Construction Co., Inc. reported $227,442 in plan administrative expenses for 2024: 0.65% of average plan assets, higher than ~90% of peers. Employer contributions averaged $2,158 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 0.49% to 0.65%. 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 690th-largest of 2,419 plans among New Jersey employers on file, and the 1,275th of 5,337 in construction. In 2024, employees put in $2.11 for every $1.00 the employer contributed; active participation has grown from 495 to 594 since 2022.

Plan summary
Net assets, end of year$38,619,978
Participants with balances446
Active participants594
Employer contributions$1,281,775
Employee contributions$2,699,929
Employer contribution per active participant$2,158
Average account balance$86,592
Benefits paid to participants$1,232,817
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$38.6M · 446 accts · $1.3M emplr
2023$30.8M · 427 accts · $1.2M emplr
2022$24.3M · 388 accts · $1.0M emplr
The Ferreira Construction Co., Inc. 401(k) match · 2024
Employer contribution per active participant$2,158
Median for plans this size$2,416
2024$2,158 per active participant
2023$2,232 per active participant
2022$2,072 per active participant

Ferreira Construction Co., Inc.'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
TRANSAMERICA LIFE INSURANCE COMPANY · Recordkeeping · Loan processing$130,658
RED BANK PENSION SERVICES, INC. · Recordkeeping · Loan processing$8,493
MERRILL LYNCH LIFE AGENCY, INC. · Investment advisory (plan)$89,584

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

Recordkeeper by year2
2024RED BANK PENSION SERVICES, INC., Transamerica
2023RED BANK PENSION SERVICES, INC., Transamerica

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

Administrative cost history3
2024$227,442 · 0.65%
2023$172,764 · 0.63%
2022$121,474 · 0.49%
Same employer
Similar plansConstruction · New Jersey
Doka USA, LTD. NJ$42.8M · 0.22%
J.F. Kiely Construction Co. NJ$39.4M · 0.02%
Air Group, LLC NJ$38.2M · 0.02%
Bogush Inc. NJ$37.3M · 0.26%

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Source: U.S. Department of Labor, Form 5500 series, EIN 223334957 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.