Plan Ledger DOL Form 5500 · updated monthly

Newground International, Inc.401(k)

NEWGROUND RETIREMENT SAVINGS PLAN · CHESTERFIELD, MO · plan year 2024

Reported admin expense ratio · 2024
0.44%

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

Newground International, Inc. reported $84,505 in plan administrative expenses for 2024: 0.44% of average plan assets, above the peer median. Employer contributions averaged $3,201 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 3 years on file its reported administrative ratio has held roughly steady near 0.44%. 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 600th-largest of 1,393 plans among Missouri employers on file, and the 2,016th of 5,337 in construction. In 2024, employees put in $3.39 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$19,950,820
Participants with balances187
Active participants123
Employer contributions$393,757
Employee contributions$1,333,590
Employer contribution per active participant$3,201
Average account balance$106,689
Benefits paid to participants$2,665,115
Plan auditUnmodified (clean) audit opinion
AuditorWSDD CPAS
Plan history3
Yearassets · accounts · employer contribution
2024$20.0M · 187 accts · $394K emplr
2023$18.7M · 205 accts · $391K emplr
2022$16.2M · 179 accts · $343K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$40,253
Investment management$44,252
Total administrative$84,505
The Newground International, Inc. 401(k) match · 2024
Employer contribution per active participant$3,201
Median for plans this size$2,416
2024$3,201 per active participant
2023$2,587 per active participant
2022$2,792 per active participant

Newground International, Inc.'s 2024 employer contribution ran above the $2,416 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.

Service providers · 20244
EPIC RETIREMENT PLAN SERVICES · Recordkeeping · Loan processing$40,253
MONETA GROUP LLC · Investment advisory (plan)$44,252
CHARLES SCHWAB TRUST BANK · Custodial (securities)indirect comp

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

Recordkeeper by year2
2024EPIC RPS
2023EPIC RPS

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$84,505 · 0.44%
2023$75,984 · 0.44%
2022$75,025 · 0.43%
Same employer
Similar plansConstruction · Missouri
Reinhold Electric, Inc. MO$22.4M · 0.55%
Hutchens Construction Co. MO$20.3M · 0.39%

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Source: U.S. Department of Labor, Form 5500 series, EIN 363729610 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.