Plan Ledger DOL Form 5500 · updated monthly

Long Fence Company, Inc.401(k)

LONG FENCE COMPANY, INC. PROFIT SHARING PLAN · CAPITOL HEIGHTS, MD · plan year 2024

Reported admin expense ratio · 2024
0.54%

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

Long Fence Company, Inc. reported $138,589 in plan administrative expenses for 2024: 0.54% of average plan assets, higher than ~75% of peers. Employer contributions averaged $505 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 3 years on file its reported administrative ratio has held roughly steady near 0.545%. 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 510th-largest of 1,671 plans among Maryland employers on file, and the 1,647th of 5,337 in construction. In 2024, employees put in $11.15 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$27,021,470
Participants with balances340
Active participants261
Employer contributions$131,761
Employee contributions$1,468,720
Employer contribution per active participant$505
Average account balance$79,475
Benefits paid to participants$1,351,181
Plan auditUnmodified (clean) audit opinion
AuditorADEPTUS PARTNERS LLC
Plan history3
Yearassets · accounts · employer contribution
2024$27.0M · 340 accts · $132K emplr
2023$23.9M · 334 accts · $122K emplr
2022$21.4M · 357 accts · $133K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$138,589
Total administrative$138,589
The Long Fence Company, Inc. 401(k) match · 2024
Employer contribution per active participant$505
Median for plans this size$2,416
2024$505 per active participant
2023$497 per active participant
2022$539 per active participant

Long Fence Company, Inc.'s 2024 employer contribution ran below the $2,416 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
EMPOWER ADVISORY GROUP, LLC · Investment management$702
KESTRA INVESTMENT SERVICES LLCindirect 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$138,589 · 0.54%
2023$125,715 · 0.56%
2022$128,945 · 0.54%
Same employer
Similar plansConstruction · Maryland
Pleasants Construction, Inc MD$28.0M · 0.51%
David a. Bramble Inc. MD$26.4M · 0.00%

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Source: U.S. Department of Labor, Form 5500 series, EIN 530257174 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.