Plan Ledger DOL Form 5500 · updated monthly

Milbern Builders Associates, Inc.401(k)

THE HANKIN GROUP 401(K) PLAN · EXTON, PA · plan year 2025

Reported admin expense ratio · 2025
0.05%

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

Milbern Builders Associates, Inc. reported $9,738 in plan administrative expenses for 2025: 0.05% of average plan assets, lower than ~75% of peers. Employer contributions averaged $5,386 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 4 years on file its reported administrative ratio has held roughly steady near 0.049%. The plan sits in the $10M–$50M size bracket, benchmarked here against 1,620 comparable plans and shown alongside other construction employers. By assets it is the 1,467th-largest of 3,651 plans among Pennsylvania employers on file, and the 1,908th of 5,337 in construction. In 2025, employees put in $1.46 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$21,738,181
Participants with balances112
Active participants112
Employer contributions$603,265
Employee contributions$883,729
Employer contribution per active participant$5,386
Average account balance$194,091
Benefits paid to participants$881,038
Plan auditUnmodified (clean) audit opinion
AuditorLBMC, PC
Plan history4
Yearassets · accounts · employer contribution
2025$21.7M · 112 accts · $603K emplr
2024$18.2M · 105 accts · $606K emplr
2023$16.0M · 100 accts · $554K emplr
2022$16.0M · 103 accts · $525K emplr
Administrative expenses, itemized · 2025
Recordkeeping & contract admin$6,623
Investment management$3,115
Total administrative$9,738
The Milbern Builders Associates, Inc. 401(k) match · 2025
Employer contribution per active participant$5,386
Median for plans this size$2,666
2025$5,386 per active participant
2024$5,562 per active participant
2023$5,228 per active participant
2022$5,052 per active participant

Milbern Builders Associates, Inc.'s 2025 employer contribution ran above the $2,666 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 2025 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20251
ASCENSUS · Contract administrator · Recordkeeping$6,398

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2025Ascensus
2023NEWPORT TRUST COMPANY

This plan has changed recordkeepers within these filings. If you left Milbern Builders Associates, Inc. before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history4
2025$9,738 · 0.05%
2024$8,628 · 0.05%
2023$9,571 · 0.06%
2022$8,567 · 0.05%
Same employer
Similar plansConstruction · Pennsylvania
George J. Hayden, Inc PA$22.1M · 0.05%
Brubacher Excavating, Inc. PA$21.8M · 0.33%
Pkf-Mark III, Inc. PA$21.7M · 0.09%
Haller Enterprises, LLC PA$21.6M · 0.50%
Tustin Mechanical Services PA$21.0M · 0.30%

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Source: U.S. Department of Labor, Form 5500 series, EIN 231649997 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.