Plan Ledger DOL Form 5500 · updated monthly

Lee Construction Group, Inc.401(k)

LEE CONSTRUCTION GROUP 401(K) RETIREMENT PLAN · CHARLOTTESVILLE, VA · plan year 2024

Reported admin expense ratio · 2024
1.00%

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

Lee Construction Group, Inc. reported $31,276 in plan administrative expenses for 2024: 1.00% of average plan assets, higher than ~75% of peers. Employer contributions averaged $100 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 0.66% to 1.00%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in Virginia (1,987th of 2,266), and 4,491st of 5,337 in construction. In 2024, employees put in $13.50 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$3,138,742
Participants with balances107
Active participants169
Employer contributions$16,855
Employee contributions$227,501
Employer contribution per active participant$100
Average account balance$29,334
Benefits paid to participants$539,654
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$3.1M · 107 accts · $17K emplr
2023$3.1M · 119 accts · $23K emplr
2022$2.8M · 117 accts · $20K emplr
The Lee Construction Group, Inc. 401(k) match · 2024
Employer contribution per active participant$100
Median for plans this size$1,313
2024$100 per active participant
2023$126 per active participant
2022$117 per active participant

Lee Construction Group, Inc.'s 2024 employer contribution ran below the $1,313 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
CREATIVE RETIREMENT SYSTEMS, INC · Plan administrator$6,478
NORTHWESTERN MUTUAL INVESTMENT SVCS · Investment advisory (participants) · Investment advisory (plan)indirect comp

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$31,276 · 1.00%
2023$22,347 · 0.76%
2022$20,788 · 0.66%
Same employer
Similar plansConstruction · Virginia
Mathers Construction Co. VA$3.4M · 0.19%
Haymes Brothers, Inc. VA$3.0M · 0.36%
Jrc Mechanical, LLC VA$2.9M · 0.52%

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Source: U.S. Department of Labor, Form 5500 series, EIN 541844649 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.