Plan Ledger DOL Form 5500 · updated monthly

G. Lopes Construction Inc.401(k)

G. LOPES CONSTRUCTION INC. 401(K) PLAN · TAUNTON, MA · plan year 2024

Reported admin expense ratio · 2024
0.37%

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

G. Lopes Construction Inc. reported $56,031 in plan administrative expenses for 2024: 0.37% of average plan assets, above the peer median. Employer contributions averaged $1,167 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 3 years on file its reported administrative ratio has held roughly steady near 0.37%. 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 among the smaller plans on file in Massachusetts (1,503rd of 2,726), and the 2,345th of 5,337 in construction. In 2024, employees put in $4.40 for every $1.00 the employer contributed; active participation has grown from 136 to 198 since 2022.

Plan summary
Net assets, end of year$16,060,498
Participants with balances278
Active participants198
Employer contributions$231,065
Employee contributions$1,015,799
Employer contribution per active participant$1,167
Average account balance$57,772
Benefits paid to participants$2,859,744
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$16.1M · 278 accts · $231K emplr
2023$13.8M · 259 accts · $211K emplr
2022$12.1M · 199 accts · $241K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$3,615
Investment management$32,416
Audit (IQPA)$20,000
Total administrative$56,031
The G. Lopes Construction Inc. 401(k) match · 2024
Employer contribution per active participant$1,167
Median for plans this size$2,416
2024$1,167 per active participant
2023$1,320 per active participant
2022$1,774 per active participant

G. Lopes Construction Inc.'s 2024 employer contribution ran below the $2,416 median for plans its size, in the bottom 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 · 20243
GLOBAL RETIREMENT PARTNERS LLC · Investment advisory (plan)$30,590
GRAY, GRAY & GRAY LLP · Accounting / audit$20,000
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$3,615

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$56,031 · 0.37%
2023$34,573 · 0.27%
2022$48,787 · 0.36%
Similar plansConstruction · Massachusetts
Fernandes Masonry, Inc. MA$18.2M · 0.32%
J. Derenzo Co. MA$17.2M · 0.30%
Plumb House, Inc. MA$16.8M · 0.28%
Florence Electric, LLC MA$15.9M · 0.46%
Mas Building & Bridge, Inc. MA$15.4M · 0.65%

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Source: U.S. Department of Labor, Form 5500 series, EIN 042765973 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.