Plan Ledger DOL Form 5500 · updated monthly

P. J. Fitzpatrick, Inc.401(k)

P. J. FITZPATRICK, INC. 401(K) RETIREMENT PLAN · NEW CASTLE, DE · plan year 2022

Reported admin expense ratio · 2022
0.95%

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

P. J. Fitzpatrick, Inc. reported $65,529 in plan administrative expenses for 2022: 0.95% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,375 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in Delaware (174th of 242), and 3,678th of 5,337 in construction. In 2022, employees put in $2.75 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$6,434,371
Participants with balances123
Active participants222
Employer contributions$305,209
Employee contributions$838,165
Employer contribution per active participant$1,375
Average account balance$52,312
Benefits paid to participants$705,358
Plan auditUnmodified (clean) audit opinion
AuditorBELFONT, LYONS & SHUMAN, P.A.
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$53,556
Professional / advisory$11,973
Total administrative$65,529
The P. J. Fitzpatrick, Inc. 401(k) match · 2022
Employer contribution per active participant$1,375
Median for plans this size$1,114

P. J. Fitzpatrick, Inc.'s 2022 employer contribution ran above the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$65,529 · 0.95%
Similar plansConstruction · Delaware
P. J. Fitzpatrick, LLC DE$11.0M · 0.96%

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Source: U.S. Department of Labor, Form 5500 series, EIN 510261419 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.