Plan Ledger DOL Form 5500 · updated monthly

James Hamilton Construction Co.401(k)

JAMES HAMILTON CONSTRUCTION CO. 401(K) & PROFIT SHARING PLAN · SILVER CITY, NM · plan year 2024

Reported admin expense ratio · 2024
0.31%

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

James Hamilton Construction Co. reported $39,909 in plan administrative expenses for 2024: 0.31% of average plan assets, above the peer median. Employer contributions averaged $1,866 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 0.29% to 0.31%. 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 109th-largest of 290 plans among New Mexico employers on file, and the 2,625th of 5,337 in construction. In 2024, employees put in $1.86 for every $1.00 the employer contributed; active participation has grown from 224 to 263 since 2022.

Plan summary
Net assets, end of year$13,625,349
Participants with balances245
Active participants263
Employer contributions$490,723
Employee contributions$911,331
Employer contribution per active participant$1,866
Average account balance$55,614
Benefits paid to participants$2,010,336
Plan auditUnmodified (clean) audit opinion
AuditorPULAKOS CPA, P.C.
Plan history3
Yearassets · accounts · employer contribution
2024$13.6M · 245 accts · $491K emplr
2023$12.2M · 256 accts · $421K emplr
2022$10.3M · 237 accts · $371K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$39,909
Total administrative$39,909
The James Hamilton Construction Co. 401(k) match · 2024
Employer contribution per active participant$1,866
Median for plans this size$2,416
2024$1,866 per active participant
2023$1,682 per active participant
2022$1,655 per active participant

James Hamilton Construction Co.'s 2024 employer contribution ran below 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 · 20241
EQUITABLE LIFE INSURANCE CO · Recordkeeping · Trustee (directed)$39,909

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

Recordkeeper by year2
2024EQUITABLE LIFE INSURANCE CO
2023EQUITABLE LIFE INSURANCE CO

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

Administrative cost history3
2024$39,909 · 0.31%
2023$32,272 · 0.29%
2022$32,983 · 0.29%
Same employer
Similar plansConstruction · New Mexico
Tlc Company, Inc. NM$22.8M · 0.09%
Aui, Inc. NM$20.1M · 0.73%
B & D Industries, Inc. NM$15.7M · 0.36%
Hb Administration, Inc. NM$13.3M · 0.31%
Constructors Incorporated NM$10.6M · 0.74%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 850139360 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.