Plan Ledger DOL Form 5500 · updated monthly

G.R. Robert Construction Co., Inc.401(k)

G.R. ROBERT CONSTRUCTION CO., INC. 401(K) PLAN · FARMINGDALE, NJ · plan year 2024

Reported admin expense ratio · 2024
0.06%

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

G.R. Robert Construction Co., Inc. reported $16,420 in plan administrative expenses for 2024: 0.06% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,071 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 rose from 0.059% to 0.063%. 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 889th-largest of 2,419 plans among New Jersey employers on file, and the 1,655th of 5,337 in construction. In 2024, employees put in $5.02 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$26,804,150
Participants with balances174
Active participants118
Employer contributions$244,365
Employee contributions$1,227,206
Employer contribution per active participant$2,071
Average account balance$154,047
Benefits paid to participants$3,088,393
Plan auditUnmodified (clean) audit opinion
AuditorHOLMAN FRENIA ALLISON CPAS, LLC
Plan history3
Yearassets · accounts · employer contribution
2024$26.8M · 174 accts · $244K emplr
2023$25.4M · 180 accts · $252K emplr
2022$22.1M · 182 accts · $240K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$16,420
Total administrative$16,420
The G.R. Robert Construction Co., Inc. 401(k) match · 2024
Employer contribution per active participant$2,071
Median for plans this size$2,416
2024$2,071 per active participant
2023$2,046 per active participant
2022$1,980 per active participant

G.R. Robert Construction Co., 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 · 20243
VOYA RETIREMENT ADVISORS LLC · Investment management · Investment advisory (participants)$13,418
HOLMAN FRENIA ALLISON CPAS, LLC · Accounting / audit$11,750
EGPS, INC. · Actuarial$5,882

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$16,420 · 0.06%
2023$14,414 · 0.06%
2022$14,250 · 0.06%
All plans at this employer2
G.R. ROBERT CONSTRUCTION CO., INC. PENSION PLANProfit-sharing plan
G.R. ROBERT CONSTRUCTION CO., INC. 401(K) PLAN401(k)
Same employer
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Source: U.S. Department of Labor, Form 5500 series, EIN 221981613 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.