Plan Ledger DOL Form 5500 · updated monthly

Golden Triangle Construction, LLC401(k)

GOLDEN TRIANGLE CONSTRUCTION, LLC 401(K) PLAN · FREDERICK, CO · plan year 2023

Reported admin expense ratio · 2023
0.27%

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

Golden Triangle Construction, LLC reported $21,317 in plan administrative expenses for 2023: 0.27% of average plan assets, below the peer median. Employer contributions averaged $3,034 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 0.28% to 0.08%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in Colorado (840th of 1,461), and 3,245th of 5,337 in construction. In 2023, employees put in $2.29 for every $1.00 the employer contributed; active participation has grown from 82 to 91 since 2022.

Plan summary
Net assets, end of year$8,970,135
Participants with balances117
Active participants91
Employer contributions$276,081
Employee contributions$630,982
Employer contribution per active participant$3,034
Average account balance$76,668
Benefits paid to participants$329,920
Plan auditUnmodified (clean) audit opinion
AuditorWIPFLI LLP
Plan history3
Yearassets · accounts · employer contribution
2024$9.0M · 106 accts · $310K emplr
2023$9.0M · 117 accts · $276K emplr
2022$7.0M · 119 accts · $269K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$21,317
Total administrative$21,317
The Golden Triangle Construction, LLC 401(k) match · 2023
Employer contribution per active participant$3,034
Median for plans this size$1,308
2024$3,565 per active participant
2023$3,034 per active participant
2022$3,276 per active participant

Golden Triangle Construction, LLC's 2023 employer contribution ran above the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20231
MINNESOTA LIFE INSURANCE COMPANY · Accounting / audit · Contract administrator$21,317

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$7,079 · 0.08%
2023$21,317 · 0.27%
2022$21,693 · 0.28%
Similar plansConstruction · Colorado
Concrete Express, Inc. CO$9.4M · 0.60%
Tanco Engineering, Inc. CO$9.4M · 0.58%
Lightning Ventures, Inc. CO$8.8M · 0.59%
Iron Woman Partners LLC CO$8.4M · 0.26%
J. R. Butler Inc. CO$8.1M · 0.03%

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Source: U.S. Department of Labor, Form 5500 series, EIN 841241307 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.