Plan Ledger DOL Form 5500 · updated monthly

P. J. Fitzpatrick, LLC401(k)

P. J. FITZPATRICK, LLC 401(K) RETIREMENT PLAN · NEW CASTLE, DE · plan year 2024

Reported admin expense ratio · 2024
0.96%

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

P. J. Fitzpatrick, LLC reported $94,599 in plan administrative expenses for 2024: 0.96% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,122 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 0.83% to 0.96%. 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 Delaware (142nd of 242), and 2,953rd of 5,337 in construction. In 2024, employees put in $2.56 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$10,989,714
Participants with balances212
Active participants446
Employer contributions$500,193
Employee contributions$1,281,090
Employer contribution per active participant$1,122
Average account balance$51,838
Benefits paid to participants$773,167
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2024$11.0M · 212 accts · $500K emplr
2023$8.7M · 139 accts · $356K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$83,599
Audit (IQPA)$11,000
Total administrative$94,599
The P. J. Fitzpatrick, LLC 401(k) match · 2024
Employer contribution per active participant$1,122
Median for plans this size$1,313
2024$1,122 per active participant
2023$1,148 per active participant

P. J. Fitzpatrick, LLC's 2024 employer contribution ran below 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 · 20244
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$83,599
BELFINT, LYONS & SHUMAN, P.A. · Accounting / audit$11,000
DELAWARE AVENUE WEALTH PLANNERS, LL · Investment advisory (plan)indirect comp
LIMESTONE PENSION ASSOCIATES · Contract administrator · Other servicesindirect comp

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$94,599 · 0.96%
2023$62,473 · 0.83%
Same employer
Similar plansConstruction · Delaware
County Insulation Company DE$12.7M · 0.37%
Capano Management Company DE$11.6M · 0.62%
Intelgica, Inc. DE$11.5M · 0.44%
Diamond Materials LLC DE$11.5M · 0.01%
P. J. Fitzpatrick, Inc. DE$6.4M · 0.95%

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Source: U.S. Department of Labor, Form 5500 series, EIN 270172384 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.