Plan Ledger DOL Form 5500 · updated monthly

Ledcor Contractors Group, Inc.401(k)

LEDCOR CONTRACTORS GROUP, INC. 401(K) PLAN · SAN DIEGO, CA · plan year 2024

Reported admin expense ratio · 2024
0.31%

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

Ledcor Contractors Group, Inc. reported $188,662 in plan administrative expenses for 2024: 0.31% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,710 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 0.36% to 0.31%. 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 1,445th-largest of 9,483 plans among California employers on file, and the 883rd of 5,337 in construction. In 2024, employees put in $3.21 for every $1.00 the employer contributed; active participation has grown from 857 to 975 since 2022.

Plan summary
Net assets, end of year$63,877,441
Participants with balances1,382
Active participants975
Employer contributions$1,667,531
Employee contributions$5,353,928
Employer contribution per active participant$1,710
Average account balance$46,221
Benefits paid to participants$8,355,597
Plan auditUnmodified (clean) audit opinion
AuditorBARTLETT PRINGLE AND WOLF LLP
Plan history3
Yearassets · accounts · employer contribution
2024$63.9M · 1,382 accts · $1.7M emplr
2023$57.3M · 1,404 accts · $1.7M emplr
2022$48.1M · 1,287 accts · $1.7M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$81,818
Investment management$96,280
Audit (IQPA)$10,564
Total administrative$188,662
The Ledcor Contractors Group, Inc. 401(k) match · 2024
Employer contribution per active participant$1,710
Median for plans this size$3,635
2024$1,710 per active participant
2023$1,860 per active participant
2022$2,003 per active participant

Ledcor Contractors Group, Inc.'s 2024 employer contribution ran below the $3,635 median for plans its size, in the bottom 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20243
MORGANSTANLEYSMITHBARNEYLLC · Investment advisory (participants)$96,280
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$81,818
BARTLETT, PRINGLE, & WOLF, LLP · Accounting / audit$10,564

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$188,662 · 0.31%
2023$170,834 · 0.32%
2022$182,716 · 0.36%
Same employer
Similar plansConstruction · California
Xl Industries CA$65.7M · 0.17%
Deacon Holdings, Inc. CA$65.2M · 0.28%

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Source: U.S. Department of Labor, Form 5500 series, EIN 980081193 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.