Plan Ledger DOL Form 5500 · updated monthly

Patriot Erectors, LLCProfit-sharing plan

PATRIOT ERECTORS, LLC RETIREMENT SAVINGS PLAN · DRIPPING SPRINGS, TX · plan year 2024

Reported admin expense ratio · 2024
0.83%

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

Patriot Erectors, LLC reported $75,353 in plan administrative expenses for 2024: 0.83% of average plan assets, above the peer median. Employer contributions averaged $981 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 0.12% to 0.83%. 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 Texas (3,107th of 5,688), and 3,139th of 5,337 in construction. In 2024, employees put in $3.05 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$9,668,939
Participants with balances176
Active participants246
Employer contributions$241,353
Employee contributions$736,333
Employer contribution per active participant$981
Average account balance$54,937
Benefits paid to participants$1,317,653
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$9.7M · 176 accts · $241K emplr
2023$8.4M · 184 accts · $205K emplr
2022$7.2M · 198 accts · $226K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$73,567
Investment management$1,786
Total administrative$75,353
Employer contributions to the Patriot Erectors, LLC plan · 2024
Employer contribution per active participant$981
Median for plans this size$1,313
2024$981 per active participant
2023$769 per active participant
2022$849 per active participant

Patriot Erectors, 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 · 20242
TRANSAMERICA RETIREMENT SOLUTIONS · Recordkeeping · Loan processing$73,567
USI SECURITIES, INC. · Insurance broker · Insurance servicesindirect comp

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

Recordkeeper by year2
2024Transamerica
2023Transamerica, USI Consulting

This plan has changed recordkeepers within these filings. If you left Patriot Erectors, LLC before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$75,353 · 0.83%
2023$28,324 · 0.36%
2022$8,382 · 0.12%
Same employer
Similar plansConstruction · Texas
Batjer & Associates, LLC TX$10.0M · 0.75%
Milestone Electric, Inc. TX$9.6M · 0.93%
Glenn Thurman, Inc. TX$9.5M · 0.28%

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Source: U.S. Department of Labor, Form 5500 series, EIN 825112719 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.