Plan Ledger DOL Form 5500 · updated monthly

Old Dominion Mechanical LLC401(k)

OLD DOMINION MECHANICAL LLC 401(K) PROFIT SHARING PLAN · RICHMOND, VA · plan year 2024

Reported admin expense ratio · 2024
2.27%

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

Old Dominion Mechanical LLC reported $34,493 in plan administrative expenses for 2024: 2.27% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,332 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 has held roughly steady near 2.27%. 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 (2,111th of 2,266), and 4,936th of 5,337 in construction. In 2024, employees put in $2.22 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$1,634,590
Participants with balances232
Active participants123
Employer contributions$163,791
Employee contributions$363,377
Employer contribution per active participant$1,332
Average account balance$7,046
Benefits paid to participants$512,373
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2024$1.6M · 232 accts · $164K emplr
2023$1.4M · 176 accts · $183K emplr
The Old Dominion Mechanical LLC 401(k) match · 2024
Employer contribution per active participant$1,332
Median for plans this size$1,313
2024$1,332 per active participant
2023$1,390 per active participant

Old Dominion Mechanical LLC's 2024 employer contribution ran above 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.

Service providers · 20245
ACG ADVISORY SERVICES INC · Investment advisory (plan)$8,589
NFP RETIREMENT INC · Investment advisory (plan)$5,465
THE ACTUARIAL CONSULTING GROUP · Contract administrator$2,838
EMPOWER ADVISORY GROUP, LLC · Investment management$572

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

Administrative cost history2
2024$34,493 · 2.27%
2023$24,936 · 2.20%
Same employer
Similar plansConstruction · Virginia
S.A. Halac, Inc. VA$1.9M · 0.02%
Wcc Cable, Inc. VA$1.4M · 1.05%
Procon, Inc. VA$1.2M · 0.04%

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Source: U.S. Department of Labor, Form 5500 series, EIN 462194121 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.