Plan Ledger DOL Form 5500 · updated monthly

Pacific Excavation, Inc.401(k)

PACIFIC EXCAVATION, INC. DAVIS BACON 401K PLAN · EUGENE, OR · plan year 2023

Reported admin expense ratio · 2023
0.36%

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

Pacific Excavation, Inc. reported $9,288 in plan administrative expenses for 2023: 0.36% of average plan assets, below the peer median. Employer contributions averaged $4,498 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 rose from 0.44% to 0.50%. 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 Oregon (865th of 1,021), and 4,603rd of 5,337 in construction. In 2023, the employer put in $3.25 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$2,745,778
Participants with balances114
Active participants79
Employer contributions$355,356
Employee contributions$109,246
Employer contribution per active participant$4,498
Average account balance$24,086
Benefits paid to participants$478,981
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$2.5M · 114 accts · $330K emplr
2023$2.7M · 114 accts · $355K emplr
2022$2.4M · 113 accts · $332K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$9,288
Total administrative$9,288
The Pacific Excavation, Inc. 401(k) match · 2023
Employer contribution per active participant$4,498
Median for plans this size$1,308
2024$3,883 per active participant
2023$4,498 per active participant
2022$4,423 per active participant

Pacific Excavation, Inc.'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 · 20234
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$17,761
ASCENSUS · Contract administrator · Other services$3,886
PRINCIPAL SECURITIES INC · Other servicesindirect comp
WILSHIRE ADVISORS LLC · Investment advisory (plan)indirect comp

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

Administrative cost history3
2024$13,162 · 0.50%
2023$9,288 · 0.36%
2022$11,383 · 0.44%
Similar plansConstruction · Oregon
Gelco Construction Co. OR$3.4M · 0.68%
Dsl Builders, LLC OR$2.0M · 0.13%
Nw Extreme Installers Inc OR$1.9M · 0.30%

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Source: U.S. Department of Labor, Form 5500 series, EIN 931267825 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.