Plan Ledger DOL Form 5500 · updated monthly

Guy Roofing401(k)

GUY ROOFING 401(K) P/S PLAN · SPARTANBURG, SC · plan year 2022

Reported admin expense ratio · 2022
0.63%

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

Guy Roofing reported $16,721 in plan administrative expenses for 2022: 0.63% of average plan assets, above the peer median. Employer contributions averaged $1,550 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 South Carolina (676th of 807), and 4,659th of 5,337 in construction. In 2022, employees put in $1.97 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$2,540,459
Participants with balances64
Active participants79
Employer contributions$122,441
Employee contributions$241,291
Employer contribution per active participant$1,550
Average account balance$39,695
Benefits paid to participants$97,910
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$16,721
Total administrative$16,721
The Guy Roofing 401(k) match · 2022
Employer contribution per active participant$1,550
Median for plans this size$1,114

Guy Roofing's 2022 employer contribution ran above the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$16,721 · 0.63%
Same employer
Similar plansConstruction · South Carolina
Cleland Site Prep, Inc. SC$3.1M · 1.13%
J. Davis, Inc. SC$1.6M · 1.16%
Rpe Contracting, Inc. SC$999K · 0.25%

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Source: U.S. Department of Labor, Form 5500 series, EIN 208994230 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.