Plan Ledger DOL Form 5500 · updated monthly

Firstonsite USA Holdings, Inc.401(k)

FIRSTONSITE HOLDINGS, INC. 401(K) PLAN · GREENWOOD VILLAGE, CO · plan year 2024

Reported admin expense ratio · 2024
0.32%

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

Firstonsite USA Holdings, Inc. reported $197,797 in plan administrative expenses for 2024: 0.32% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,728 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 0.40% to 0.32%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other construction employers. By assets it is the 187th-largest of 1,461 plans among Colorado employers on file, and the 853rd of 5,337 in construction. In 2024, employees put in $1.91 for every $1.00 the employer contributed; active participation has grown from 672 to 1,417 since 2022.

Plan summary
Net assets, end of year$67,443,418
Participants with balances1,638
Active participants1,417
Employer contributions$3,865,041
Employee contributions$7,377,388
Employer contribution per active participant$2,728
Average account balance$41,174
Benefits paid to participants$11,985,823
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$67.4M · 1,638 accts · $3.9M emplr
2023$56.0M · 1,307 accts · $1.9M emplr
2022$22.1M · 877 accts · $1.4M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$190,238
Investment management$7,559
Total administrative$197,797
The Firstonsite USA Holdings, Inc. 401(k) match · 2024
Employer contribution per active participant$2,728
Median for plans this size$3,635
2024$2,728 per active participant
2023$1,513 per active participant
2022$2,032 per active participant

Firstonsite USA Holdings, Inc.'s 2024 employer contribution ran below the $3,635 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 · 20242
EMPOWER ADVISORY GROUP, LLC · Investment management$7,559

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$197,797 · 0.32%
2023$94,230 · 0.24%
2022$89,328 · 0.40%
Same employer
Similar plansConstruction · Colorado
Safebuilt, LLC CO$84.7M · 0.10%
Fci Constructors, Inc. CO$82.2M · 0.14%
Mwh Constructors, Inc. CO$67.7M · 0.20%
Rk Industries, LLC CO$66.6M · 0.14%

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Source: U.S. Department of Labor, Form 5500 series, EIN 814267677 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.