Plan Ledger DOL Form 5500 · updated monthly

General Caulking and Coatings Co, Inc.401(k)

GENERAL CAULKING AND COATINGS 401(K) PLAN · MIAMI, FL · plan year 2024

Reported admin expense ratio · 2024
0.66%

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

General Caulking and Coatings Co, Inc. reported $46,820 in plan administrative expenses for 2024: 0.66% of average plan assets, above the peer median. Employer contributions averaged $232 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 0.59% to 0.66%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in Florida (2,126th of 3,644), and 3,541st of 5,337 in construction. In 2024, employees put in $11.33 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$7,236,577
Participants with balances54
Active participants118
Employer contributions$27,381
Employee contributions$310,190
Employer contribution per active participant$232
Average account balance$134,011
Benefits paid to participants$731,935
Plan auditUnmodified (clean) audit opinion
AuditorHALLER ROBBINS EPELBAUM MISIUNAS
Plan history3
Yearassets · accounts · employer contribution
2024$7.2M · 54 accts · $27K emplr
2023$6.9M · 55 accts · $25K emplr
2022$6.5M · 55 accts · $23K emplr
The General Caulking and Coatings Co, Inc. 401(k) match · 2024
Employer contribution per active participant$232
Median for plans this size$1,313
2024$232 per active participant
2023$218 per active participant
2022$212 per active participant

General Caulking and Coatings Co, Inc.'s 2024 employer contribution ran below the $1,313 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 · 20242
LINCOLN NATIONAL CORPORATION · Claims processing · Recordkeeping$45,245
PENSION INVESTORS CORPORATION OF OR · Contract administrator$6,690

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

Recordkeeper by year2
2024Lincoln Financial
2023Lincoln Financial

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$46,820 · 0.66%
2023$42,581 · 0.63%
2022$42,641 · 0.59%
Similar plansConstruction · Florida
Betacom Inc FL$7.5M · 0.45%
Nassal Holdings Inc FL$7.1M · 0.08%
Edmonson Electric, Inc. FL$7.1M · 0.72%
Southeast Mechanical FL$7.0M · 0.72%

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Source: U.S. Department of Labor, Form 5500 series, EIN 591284060 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.