Hitt Contracting Inc.401(k)

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

Hitt Contracting Inc. reported $250,684 in plan administrative expenses for 2024: 0.11% of average plan assets, below the peer median. Employer contributions averaged $2,183 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 0.12% to 0.11%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other construction employers. By assets it is the 134th-largest of 2,266 plans among Virginia employers on file, and the 268th of 5,337 in construction. In 2024, employees put in $2.81 for every $1.00 the employer contributed; active participation has grown from 2,185 to 3,766 since 2022.