General Asphalt Co, Inc.401(k)
GENERAL ASPHALT CO, INC. 401(K) PROFIT SHARING PLAN · MIAMI, FL · plan year 2024
General Asphalt Co, Inc.'s 2024 Form 5500 did not separately report plan administrative expenses, which is common where recordkeeping is paid through investment revenue-sharing or a master trust. The plan held $4,437,484 across 155 participant accounts, with employer contributions averaging $935 per active participant. See methodology for what Form 5500 does and doesn't capture.
The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Florida (2,602nd of 3,644), and 11,506th of 13,661 in manufacturing. In 2024, employees put in $2.98 for every $1.00 the employer contributed.
General Asphalt Co, Inc.'s 2024 employer contribution ran below the $1,313 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.
Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.
Why are you looking at this plan?
Source: U.S. Department of Labor, Form 5500 series, EIN 591115297 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.