Plan Ledger DOL Form 5500 · updated monthly

N&S Construction Inc401(k)

N&S CONSTRUCTION INC 401(K) PROFIT SHARING PLAN & TRUST · LOUISA, VA · plan year 2024

Reported admin expense ratio · 2024
0.16%

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

N&S Construction Inc reported $7,018 in plan administrative expenses for 2024: 0.16% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,144 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 0.12% to 0.16%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in Virginia (1,798th of 2,266), and 3,912th of 5,337 in construction. In 2024, employees put in $1.53 for every $1.00 the employer contributed; active participation has grown from 204 to 603 since 2022.

Plan summary
Net assets, end of year$5,344,274
Participants with balances370
Active participants603
Employer contributions$690,076
Employee contributions$1,058,814
Employer contribution per active participant$1,144
Average account balance$14,444
Benefits paid to participants$765,508
Plan auditUnmodified (clean) audit opinion
AuditorHANTZMON WIEBEL, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$5.3M · 370 accts · $690K emplr
2023$3.7M · 149 accts · $385K emplr
2022$2.4M · 108 accts · $307K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$7,018
Total administrative$7,018
The N&S Construction Inc 401(k) match · 2024
Employer contribution per active participant$1,144
Median for plans this size$1,313
2024$1,144 per active participant
2023$1,400 per active participant
2022$1,505 per active participant

N&S Construction Inc's 2024 employer contribution ran below the $1,313 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.

Administrative cost history3
2024$7,018 · 0.16%
2023$2,050 · 0.07%
2022$2,695 · 0.12%
Same employer
Similar plansConstruction · Virginia
Km Builders VA$5.7M · 0.68%
Colony Construction, Inc. VA$5.5M · 0.50%
Rcd, Inc. VA$4.7M · 0.60%

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Source: U.S. Department of Labor, Form 5500 series, EIN 561704885 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.