Plan Ledger DOL Form 5500 · updated monthly

New England Yankee Construction, LLC401(k)

NEW ENGLAND YANKEE CONSTRUCTION, LLC RETIREMENT PLAN · WEST HAVEN, CT · plan year 2024

Reported admin expense ratio · 2024
0.11%

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

New England Yankee Construction, LLC reported $2,250 in plan administrative expenses for 2024: 0.11% of average plan assets, lower than ~75% of peers. Employer contributions averaged $5,304 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 0.99% to 0.11%. 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 Connecticut (1,018th of 1,106), and 4,694th of 5,337 in construction. In 2024, the employer put in $2.05 for every $1.00 employees contributed themselves; active participation has grown from 50 to 56 since 2022.

Plan summary
Net assets, end of year$2,442,466
Participants with balances110
Active participants56
Employer contributions$297,046
Employee contributions$144,653
Employer contribution per active participant$5,304
Average account balance$22,204
Benefits paid to participants$102,999
Plan auditUnmodified (clean) audit opinion
AuditorTHE INNOVATIVE CPA GROUP LLC
Plan history3
Yearassets · accounts · employer contribution
2024$2.4M · 110 accts · $297K emplr
2023$1.8M · 108 accts · $215K emplr
2022$1.4M · 106 accts · $115K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$2,250
Total administrative$2,250
The New England Yankee Construction, LLC 401(k) match · 2024
Employer contribution per active participant$5,304
Median for plans this size$1,313
2024$5,304 per active participant
2023$3,259 per active participant
2022$2,309 per active participant

New England Yankee Construction, LLC's 2024 employer contribution ran above the $1,313 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.

Administrative cost history3
2024$2,250 · 0.11%
2023$51,536 · 3.17%
2022$15,012 · 0.99%
Similar plansConstruction · Connecticut
Haynes Group Inc. CT$5.9M · 0.46%
Advance Resources, LLC CT$2.5M · 0.65%
Advance Resources, LLC CT$1.9M · 0.83%

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Source: U.S. Department of Labor, Form 5500 series, EIN 061486844 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.