Plan Ledger DOL Form 5500 · updated monthly

John Riley Construction, Inc.403(b)

JOHN RILEY CONSTRUCTION, INC. 401(K) PSP · MORRIS, MN · plan year 2022

Reported admin expense ratio · 2022
0.27%

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

John Riley Construction, Inc. reported $22,115 in plan administrative expenses for 2022: 0.27% of average plan assets, below the peer median. Employer contributions averaged $4,541 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 Minnesota (1,563rd of 1,918), and 3,897th of 5,337 in construction. In 2022, employees put in $1.15 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$5,413,703
Participants with balances70
Active participants57
Employer contributions$258,863
Employee contributions$298,925
Employer contribution per active participant$4,541
Average account balance$77,339
Benefits paid to participants$874,688
Plan auditUnmodified (clean) audit opinion
AuditorWIDMER ROEL, PC
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$1,800
Investment management$20,315
Total administrative$22,115
The John Riley Construction, Inc. 401(k) match · 2022
Employer contribution per active participant$4,541
Median for plans this size$1,114

John Riley Construction, Inc.'s 2022 employer contribution ran above the $1,114 median for plans its size, placing it in the top quarter of its peers. 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$22,115 · 0.27%
Similar plansConstruction · Minnesota
Thermo-Tech Windows, LLC MN$5.9M · 0.95%
Belair Builders, Inc. MN$5.5M · 0.35%
Spring Prairie Hb, Inc. MN$5.2M · 0.64%
Legacy Restoration, LLC MN$4.9M · 1.15%
Hero Home Services, Inc. MN$4.5M · 0.86%

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Source: U.S. Department of Labor, Form 5500 series, EIN 411305179 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.