LEEWARD CONSTRUCTION, INC. EMPLOYEES RETIREMENT PLAN · HONESDALE, PA · plan year 2024
Reported admin expense ratio · 2024
0.65%
Peer grade: B· admin costs + employer contributions vs same-size plans · how grading works
Leeward Construction, Inc. reported $126,394 in plan administrative expenses for 2024: 0.65% of average plan assets, higher than ~90% of peers. Employer contributions averaged $11,289 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 0.73% to 0.65%. 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 1,533rd-largest of 3,651 plans among Pennsylvania employers on file, and the 2,006th of 5,337 in construction.
Plan summary
Net assets, end of year$20,164,801
Participants with balances248
Active participants169
Employer contributions$1,907,833
Employee contributions—
Employer contribution per active participant$11,289
Average account balance$81,310
Benefits paid to participants$2,858,596
Plan auditUnmodified (clean) audit opinion
AuditorKRONICK KALADA BERDY & CO PC
Plan history3
Yearassets · accounts · employer contribution
2024$20.2M · 248 accts · $1.9M emplr
2023$18.7M · 247 accts · $1.6M emplr
2022$16.1M · 264 accts · $1.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$19,195
Investment management$107,169
Total administrative$126,394
Employer contributions to the Leeward Construction, Inc. plan · 2024
Employer contribution per active participant$11,289
Median for plans this size$2,416
2024$11,289 per active participant
2023$9,250 per active participant
2022$6,389 per active participant
Leeward Construction, Inc.'s 2024 employer contribution ran above the $2,416 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.
Source: U.S. Department of Labor, Form 5500 series, EIN 223208574 ·
Verify on EFAST2 ·
Amounts are as reported by the plan sponsor for the plan year shown.