Plan Ledger DOL Form 5500 · updated monthly

Fransen-Pittman Construction Company, Inc.401(k)

FRANSEN-PITTMAN CONSTRUCTION COMPANY, INC. 401(K) PROFIT SHARING PLAN · ENGLEWOOD, CO · plan year 2024

Reported admin expense ratio · 2024
0.10%

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

Fransen-Pittman Construction Company, Inc. reported $15,911 in plan administrative expenses for 2024: 0.10% of average plan assets, lower than ~75% of peers. Employer contributions averaged $4,311 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 0.13% to 0.10%. 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 580th-largest of 1,461 plans among Colorado employers on file, and the 2,215th of 5,337 in construction. In 2024, employees put in $1.85 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$17,594,547
Participants with balances191
Active participants145
Employer contributions$625,085
Employee contributions$1,157,881
Employer contribution per active participant$4,311
Average account balance$92,118
Benefits paid to participants$1,876,107
Plan auditUnmodified (clean) audit opinion
AuditorWIPFLI LLP
Plan history3
Yearassets · accounts · employer contribution
2024$17.6M · 191 accts · $625K emplr
2023$14.5M · 186 accts · $587K emplr
2022$11.8M · 190 accts · $580K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$8,001
Investment management$7,910
Total administrative$15,911
The Fransen-Pittman Construction Company, Inc. 401(k) match · 2024
Employer contribution per active participant$4,311
Median for plans this size$2,416
2024$4,311 per active participant
2023$4,484 per active participant
2022$3,916 per active participant

Fransen-Pittman Construction Company, Inc.'s 2024 employer contribution ran above the $2,416 median for plans its size, placing it in the top 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
EMPOWER ADVISORY GROUP, LLC · Investment management$7,910

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$15,911 · 0.10%
2023$10,617 · 0.08%
2022$17,221 · 0.13%
Same employer
Similar plansConstruction · Colorado
Encon United Company CO$18.7M · 0.36%
Longbow Industries CO$18.5M · 0.54%
Greiner Electric, LLC CO$18.1M · 0.24%
Milender White, Inc. CO$16.6M · 0.48%
Flatiron Constructors, Inc. CO$16.3M · 0.31%

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Source: U.S. Department of Labor, Form 5500 series, EIN 841274685 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.