Plan Ledger DOL Form 5500 · updated monthly

Odc Construction, LLC401(k)

ODC CONSTRUCTION, LLC 401(K) PLAN · ORLANDO, FL · plan year 2023

Reported admin expense ratio · 2023
1.22%

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

Odc Construction, LLC reported $40,728 in plan administrative expenses for 2023: 1.22% of average plan assets, higher than ~90% of peers. Employer contributions averaged $4,177 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 1 year on file its reported administrative ratio rose from 0.48% to 1.22%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in Florida (2,545th of 3,644), and 4,068th of 5,337 in construction. In 2023, employees put in $1.20 for every $1.00 the employer contributed; active participation has grown from 218 to 280 since 2022.

Plan summary
Net assets, end of year$4,714,525
Participants with balances258
Active participants280
Employer contributions$1,169,590
Employee contributions$1,400,244
Employer contribution per active participant$4,177
Average account balance$18,273
Benefits paid to participants$378,275
Plan auditUnmodified (clean) audit opinion
AuditorFRSCPA, PLLC
Plan history3
Yearassets · accounts · employer contribution
2024$0 · $1.5M emplr
2023$4.7M · 258 accts · $1.2M emplr
2022$2.0M · 246 accts · $974K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$36,751
Investment management$3,977
Total administrative$40,728
The Odc Construction, LLC 401(k) match · 2023
Employer contribution per active participant$4,177
Median for plans this size$1,308
2023$4,177 per active participant
2022$4,467 per active participant

Odc Construction, LLC's 2023 employer contribution ran above the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20231
VESTWELL · Contract administrator · Investment advisory (plan)$36,751

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

Administrative cost history3
2024Not separately reported
2023$40,728 · 1.22%
2022$9,606 · 0.48%
Same employer
Similar plansConstruction · Florida
Reliable Doors, LLC FL$4.9M · 0.06%
A. J. Johns, Inc. FL$4.9M · 0.36%
The Redland Company, Inc. FL$4.8M · 0.84%
Goff Communications, Inc. FL$4.7M · 1.01%
Pcs Civil, Inc. FL$4.6M · 0.23%
Norlee Group FL$4.6M · 1.72%

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Source: U.S. Department of Labor, Form 5500 series, EIN 452355025 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.