Plan Ledger DOL Form 5500 · updated monthly

Fiore & Sons, Inc.401(k)

FIORE & SONS, INC. 401(K) PLAN · DENVER, CO · plan year 2024

Reported admin expense ratio · 2024
0.41%

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

Fiore & Sons, Inc. reported $82,689 in plan administrative expenses for 2024: 0.41% of average plan assets, above the peer median. Employer contributions averaged $2,391 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 0.65% to 0.41%. 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 488th-largest of 1,461 plans among Colorado employers on file, and the 1,910th of 5,337 in construction. In 2024, employees put in $2.82 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$21,726,575
Participants with balances380
Active participants351
Employer contributions$839,271
Employee contributions$2,368,983
Employer contribution per active participant$2,391
Average account balance$57,175
Benefits paid to participants$2,140,263
Plan auditUnmodified (clean) audit opinion
AuditorMARTIN, VEJVODA AND ASSOCIATES, INC
Plan history3
Yearassets · accounts · employer contribution
2024$21.7M · 380 accts · $839K emplr
2023$18.3M · 339 accts · $658K emplr
2022$14.8M · 369 accts · $725K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$82,689
Total administrative$82,689
The Fiore & Sons, Inc. 401(k) match · 2024
Employer contribution per active participant$2,391
Median for plans this size$2,416
2024$2,391 per active participant
2023$2,171 per active participant
2022$2,132 per active participant

Fiore & Sons, 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 · 20245
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator$77,613
LEGACY BENEFIT SERVICES · Other services · Contract administrator$5,076
LPL FINANCIAL CORPORATION · Other servicesindirect comp
WILSHIRE ASSOCIATES INCORPORATED · Investment advisory (plan)indirect comp
MORNINGSTAR INVESTMENT MGMT LLC · Investment advisory (participants)indirect comp

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$82,689 · 0.41%
2023$111,394 · 0.67%
2022$101,738 · 0.65%
All plans at this employer2
FIORE & SONS, INC. 401(K) PLAN401(k)
FIORE & SONS, INC. EMPLOYEE STOCK OWNERSHIP PLANESOP
Same employer
Similar plansConstruction · Colorado
Colorado Structures, Inc. CO$23.3M · 0.45%
Ludvik Electric Co. CO$23.1M · 0.55%
Pinkard Construction Co. CO$22.9M · 0.26%
Beacon Communications, LLC CO$22.4M · 0.05%
Bemas Construction CO$20.2M · 0.06%
Kelley Trucking Inc. CO$19.6M · 0.54%
Jhl Constructors LLC CO$19.5M · 0.69%

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Source: U.S. Department of Labor, Form 5500 series, EIN 840789161 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.