Plan Ledger DOL Form 5500 · updated monthly

Miles-McClellan Construction Company, Inc.401(k)

MILES-MCCLELLAN CONSTRUCTION COMPANY, INC. 401(K) SALARY DEFERRAL PLAN · COLUMBUS, OH · plan year 2024

Reported admin expense ratio · 2024
0.63%

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

Miles-McClellan Construction Company, Inc. reported $91,778 in plan administrative expenses for 2024: 0.63% of average plan assets, higher than ~75% of peers. Employer contributions averaged $5,424 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 0.69% to 0.63%. 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 1,508th-largest of 3,295 plans among Ohio employers on file, and the 2,285th of 5,337 in construction. In 2024, the employer put in $1.05 for every $1.00 employees contributed themselves; active participation has grown from 180 to 264 since 2022.

Plan summary
Net assets, end of year$16,735,281
Participants with balances329
Active participants264
Employer contributions$1,432,051
Employee contributions$1,370,209
Employer contribution per active participant$5,424
Average account balance$50,867
Benefits paid to participants$724,132
Plan auditUnmodified (clean) audit opinion
AuditorCROWE, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$16.7M · 329 accts · $1.4M emplr
2023$12.5M · 271 accts · $697K emplr
2022$9.5M · 218 accts · $503K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$48,425
Investment management$33,060
Audit (IQPA)$10,293
Total administrative$91,778
The Miles-McClellan Construction Company, Inc. 401(k) match · 2024
Employer contribution per active participant$5,424
Median for plans this size$2,416
2024$5,424 per active participant
2023$3,167 per active participant
2022$2,796 per active participant

Miles-McClellan Construction Company, 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 · 20243
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$48,425
EVERHART FINANCIAL GROUP INC · Investment advisory (plan)$33,060
WILSON, SHANNON & SNOW, INC. · Accounting / audit$10,293

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$91,778 · 0.63%
2023$61,765 · 0.56%
2022$72,198 · 0.69%
Same employer
Similar plansConstruction · Ohio
Melway Group, Inc. OH$18.1M · 0.35%
The Cafaro Company OH$17.8M · 0.46%
Bohl Companies OH$17.7M · 0.12%
Wells Brothers, Inc. OH$15.9M · 0.13%
Americas Floor Source OH$15.6M · 0.07%

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Source: U.S. Department of Labor, Form 5500 series, EIN 310987415 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.