What are the fees in the Gordon Contractors, Inc Profit-sharing plan plan?

For plan year 2022, Gordon Contractors, Inc reported $4,803 in plan administrative expenses, or 0.40% of average plan assets — below the peer median. Fund-level expense ratios are not included in public filings.

How much does Gordon Contractors, Inc contribute to its Profit-sharing plan?

In 2022, employer contributions to the Gordon Contractors, Inc plan averaged $2,343 per active participant, above the $1,114 median for plans of similar size. Public filings report contribution dollars, not the match formula; the formula is in the plan's summary plan description.

What is the average account balance in the Gordon Contractors, Inc 401(k)?

The average participant account balance was $14,093 for plan year 2022, based on 80 accounts.

Gordon Contractors, IncProfit-sharing plan

Name: Gordon Contractors, Inc 401(k) plan: Form 5500 data
Creator: U.S. Department of Labor

GORDON CONTRACTORS, INC. DAVIS BACON PLAN · CAPITOL HEIGHTS, MD · plan year 2022

Reported admin expense ratio · 2022

0.40%

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

Gordon Contractors, Inc reported $4,803 in plan administrative expenses for 2022: 0.40% of average plan assets, below the peer median. Employer contributions averaged $2,343 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in Maryland (1,594th of 1,671), and 5,080th of 5,337 in construction.

Plan summary
Net assets, end of year$1,127,455
Participants with balances80
Active participants84
Employer contributions$196,835
Employee contributions—
Employer contribution per active participant$2,343
Average account balance$14,093
Benefits paid to participants$158,987
Plan auditUnmodified (clean) audit opinion
AuditorCHERRY BEKAERT LLP

Administrative expenses, itemized · 2022

Professional / advisory$4,803

Total administrative$4,803

Employer contributions to the Gordon Contractors, Inc plan · 2022

Employer contribution per active participant$2,343

Median for plans this size$1,114

Gordon Contractors, Inc's 2022 employer contribution ran above the $1,114 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

Your balance

Annual cost at the plan's reported 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1

2022$4,803 · 0.40%

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Source: U.S. Department of Labor, Form 5500 series, EIN 412043935 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.