Plan Ledger DOL Form 5500 · updated monthly

Hunter Contracting Co., Inc.401(k)

HUNTER CONTRACTING CO. INC. PROFIT SHARING PLAN & TRUST · GILBERT, AZ · plan year 2024

Reported admin expense ratio · 2024
0.48%

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

Hunter Contracting Co., Inc. reported $104,885 in plan administrative expenses for 2024: 0.48% of average plan assets, higher than ~75% of peers. Employer contributions averaged $3,015 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 0.84% to 0.48%. 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 327th-largest of 1,285 plans among Arizona employers on file, and the 1,780th of 5,337 in construction. In 2024, employees put in $1.37 for every $1.00 the employer contributed; active participation has grown from 433 to 553 since 2022.

Plan summary
Net assets, end of year$24,171,049
Participants with balances668
Active participants553
Employer contributions$1,667,021
Employee contributions$2,283,175
Employer contribution per active participant$3,015
Average account balance$36,184
Benefits paid to participants$1,993,859
Plan auditUnmodified (clean) audit opinion
AuditorPRICE KONG & CO., C.P.A.S, P.A.
Plan history3
Yearassets · accounts · employer contribution
2024$24.2M · 668 accts · $1.7M emplr
2023$19.3M · 382 accts · $1.3M emplr
2022$17.4M · 457 accts · $955K emplr
Administrative expenses, itemized · 2024
Investment management$34,370
Audit (IQPA)$12,669
Total administrative$104,885
The Hunter Contracting Co., Inc. 401(k) match · 2024
Employer contribution per active participant$3,015
Median for plans this size$2,416
2024$3,015 per active participant
2023$2,345 per active participant
2022$2,206 per active participant

Hunter Contracting Co., Inc.'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 · 20243
JOHN HANCOCK LIFE INSURANCE COMPANY · Recordkeeping · Investment management$57,846
UNITED PLANNERS FINANCIAL SERVICES · Investment advisory (plan)$34,370
PRICE KONG & CO · Accounting / audit$12,669

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024John Hancock
2023John Hancock

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$104,885 · 0.48%
2023$150,716 · 0.82%
2022$153,033 · 0.84%
Same employer
Similar plansConstruction · Arizona
Willmeng Construction, Inc. AZ$25.0M · 0.63%
D.P. Electric, Inc. AZ$19.0M · 0.58%
Rummel Construction, Inc. AZ$16.6M · 0.64%

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Source: U.S. Department of Labor, Form 5500 series, EIN 860172434 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.