Plan Ledger DOL Form 5500 · updated monthly

Howard Companies, LLC401(k)

HOWARD COMPANIES 401(K) PLAN · INDIANAPOLIS, IN · plan year 2024

Reported admin expense ratio · 2024
0.25%

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

Howard Companies, LLC reported $34,588 in plan administrative expenses for 2024: 0.25% of average plan assets, below the peer median. Employer contributions averaged $2,676 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 0.20% to 0.25%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other construction employers. By assets it is the 613th-largest of 1,562 plans among Indiana employers on file, and the 2,170th of 5,337 in construction. In 2024, employees put in $1.45 for every $1.00 the employer contributed; active participation has grown from 340 to 445 since 2022.

Plan summary
Net assets, end of year$18,108,355
Participants with balances522
Active participants445
Employer contributions$1,190,648
Employee contributions$1,731,468
Employer contribution per active participant$2,676
Average account balance$34,690
Benefits paid to participants$1,377,740
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$18.1M · 522 accts · $1.2M emplr
2023$9.6M · 401 accts · $648K emplr
2022$7.4M · 400 accts · $608K emplr
Administrative expenses, itemized · 2024
Investment management$34,588
Total administrative$34,588
The Howard Companies, LLC 401(k) match · 2024
Employer contribution per active participant$2,676
Median for plans this size$2,416
2024$2,676 per active participant
2023$1,884 per active participant
2022$1,788 per active participant

Howard Companies, LLC's 2024 employer contribution ran above the $2,416 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
SHEPHERD FINANCIAL INVESTMENT ADVIS · Investment advisory (plan)$34,588

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$34,588 · 0.25%
2023$22,769 · 0.27%
2022$13,903 · 0.20%
Same employer
Similar plansConstruction · Indiana
Biehle Electric, Inc. IN$19.7M · 0.26%
Beer & Slabaugh, Inc. IN$19.4M · 0.46%
Crown Corr, Inc. IN$18.2M · 0.12%
Harrell-Fish, Inc. IN$16.8M · 0.34%

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Source: U.S. Department of Labor, Form 5500 series, EIN 825245412 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.