Plan Ledger DOL Form 5500 · updated monthly

Liberty Excavators, Inc.401(k)

FUTURE SOLUTIONS RETIREMENT PLAN · CAMP HILL, PA · plan year 2024

Reported admin expense ratio · 2024
0.57%

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

Liberty Excavators, Inc. reported $100,564 in plan administrative expenses for 2024: 0.57% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,348 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 0.74% to 0.57%. 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 1,594th-largest of 3,651 plans among Pennsylvania employers on file, and the 2,104th of 5,337 in construction. In 2024, employees put in $2.26 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$18,925,036
Participants with balances238
Active participants193
Employer contributions$453,096
Employee contributions$1,025,648
Employer contribution per active participant$2,348
Average account balance$79,517
Benefits paid to participants$1,275,410
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$18.9M · 238 accts · $453K emplr
2023$16.5M · 266 accts · $518K emplr
2022$14.4M · 275 accts · $460K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$48,982
Investment management$35,082
Audit (IQPA)$16,500
Total administrative$100,564
The Liberty Excavators, Inc. 401(k) match · 2024
Employer contribution per active participant$2,348
Median for plans this size$2,416
2024$2,348 per active participant
2023$2,712 per active participant
2022$2,394 per active participant

Liberty Excavators, Inc.'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 · 20245
LEGACY ADVISORS LLC · Investment advisory (plan)$33,638
STAMBAUGH NESS PC · Accounting / audit$16,500
PA RETIREMENT SOLUTIONS, INC. · Contract administrator$14,687
EMPOWER ADVISORY GROUP, LLC · Investment management$1,444

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$100,564 · 0.57%
2023$101,193 · 0.65%
2022$123,601 · 0.74%
Similar plansConstruction · Pennsylvania
J.M. Oliver, Inc. PA$19.5M · 0.40%
R.G. Johnson Company, Inc. PA$19.5M · 0.17%
W.G. Tomko, Incorporated PA$18.8M · 0.33%
Rycon Holdings, Inc. PA$18.8M · 0.05%
Glasgow, Inc. PA$18.5M · 0.01%
Warfel Construction Company PA$18.5M · 0.48%

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Source: U.S. Department of Labor, Form 5500 series, EIN 232023985 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.