Plan Ledger DOL Form 5500 · updated monthly

Lydig Construction, Inc.401(k)

LYDIG CONSTRUCTION, INC. 401(K) PLAN · SPOKANE, WA · plan year 2024

Reported admin expense ratio · 2024
0.25%

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

Lydig Construction, Inc. reported $124,498 in plan administrative expenses for 2024: 0.25% of average plan assets, below the peer median. Employer contributions averaged $14,272 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 0.13% to 0.25%. 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 316th-largest of 1,714 plans among Washington employers on file, and the 987th of 5,337 in construction. In 2024, the employer put in $1.27 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$54,226,696
Participants with balances178
Active participants139
Employer contributions$1,983,826
Employee contributions$1,561,258
Employer contribution per active participant$14,272
Average account balance$304,644
Benefits paid to participants$1,675,632
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$54.2M · 178 accts · $2.0M emplr
2023$45.0M · 168 accts · $2.0M emplr
2022$37.4M · 176 accts · $1.9M emplr
Administrative expenses, itemized · 2024
Investment management$124,498
Total administrative$124,498
The Lydig Construction, Inc. 401(k) match · 2024
Employer contribution per active participant$14,272
Median for plans this size$2,416
2024$14,272 per active participant
2023$14,900 per active participant
2022$14,516 per active participant

Lydig 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.

Service providers · 20242
LPL FINANCIAL, LLC · Investment advisory (plan)$124,498

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$124,498 · 0.25%
2023$141,030 · 0.34%
2022$53,862 · 0.13%
Same employer
Similar plansConstruction · Washington
Graham Group (US) Inc. WA$58.3M · 0.35%
W.G. Clark Construction Co. WA$56.6M · 0.25%
Tapani, Inc. WA$47.6M · 0.58%

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Source: U.S. Department of Labor, Form 5500 series, EIN 910672331 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.