Plan Ledger DOL Form 5500 · updated monthly

Fortis Construction Inc.401(k)

FORTIS CONSTRUCTION, INC. EMPLOYEES SAVINGS TRUST · PORTLAND, OR · plan year 2025

Reported admin expense ratio · 2025
0.34%

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

Fortis Construction Inc. reported $198,313 in plan administrative expenses for 2025: 0.34% of average plan assets, higher than ~90% of peers. Employer contributions averaged $6,560 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 4 years on file its reported administrative ratio has held roughly steady near 0.34%. The plan sits in the $50M–$250M size bracket, benchmarked here against 605 comparable plans and shown alongside other construction employers. By assets it is the 145th-largest of 1,021 plans among Oregon employers on file, and the 861st of 5,337 in construction. In 2025, employees put in $1.57 for every $1.00 the employer contributed; active participation has grown from 304 to 496 since 2022.

Plan summary
Net assets, end of year$66,020,151
Participants with balances612
Active participants496
Employer contributions$3,253,764
Employee contributions$5,106,548
Employer contribution per active participant$6,560
Average account balance$107,876
Benefits paid to participants$3,160,852
Plan auditUnmodified (clean) audit opinion
Plan history4
Yearassets · accounts · employer contribution
2025$66.0M · 612 accts · $3.3M emplr
2024$51.1M · 515 accts · $2.3M emplr
2023$44.4M · 420 accts · $2.0M emplr
2022$37.0M · 426 accts · $1.6M emplr
Administrative expenses, itemized · 2025
Recordkeeping & contract admin$198,313
Total administrative$198,313
The Fortis Construction Inc. 401(k) match · 2025
Employer contribution per active participant$6,560
Median for plans this size$4,093
2025$6,560 per active participant
2024$5,623 per active participant
2023$6,016 per active participant
2022$5,235 per active participant

Fortis Construction Inc.'s 2025 employer contribution ran above the $4,093 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 2025 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20255
VOYA RETIREMENT ADVISORS · Investment advisory (participants)$27,790
BAKER TILLY US LLP$14,554
PROFESSIONAL BENEFIT SERVICES INC.$12,934
COLDSTREAM CAPITAL MANAGEMENT INC.indirect comp
CABLE HILL PARTNERS, LLCindirect comp

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

Administrative cost history4
2025$198,313 · 0.34%
2024$159,071 · 0.33%
2023$142,401 · 0.35%
2022$134,310 · 0.35%
Same employer
Similar plansConstruction · Oregon
Wilson Construction Company OR$49.0M · 0.09%
Ec Company OR$42.7M

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Source: U.S. Department of Labor, Form 5500 series, EIN 412096320 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.