Plan Ledger DOL Form 5500 · updated monthly

Pave America Interco, LLC401(k)

PAVE AMERICA 401(K) PLAN · BRISTOW, VA · plan year 2024

Reported admin expense ratio · 2024
0.52%

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

Pave America Interco, LLC reported $169,838 in plan administrative expenses for 2024: 0.52% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,668 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 fell from 0.80% to 0.52%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other construction employers. By assets it is the 518th-largest of 2,266 plans among Virginia employers on file, and the 1,098th of 5,337 in construction. In 2024, employees put in $2.12 for every $1.00 the employer contributed; active participation has grown from 185 to 1,692 since 2022.

Plan summary
Net assets, end of year$47,033,900
Participants with balances916
Active participants1,692
Employer contributions$2,822,462
Employee contributions$5,991,228
Employer contribution per active participant$1,668
Average account balance$51,347
Benefits paid to participants$5,739,366
Plan auditUnmodified (clean) audit opinion
AuditorTHOMPSON GREENSPON
Plan history3
Yearassets · accounts · employer contribution
2024$47.0M · 916 accts · $2.8M emplr
2023$18.4M · 302 accts · $800K emplr
2022$3.9M · 123 accts · $287K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$96,977
Investment management$49,576
Audit (IQPA)$23,285
Total administrative$169,838
The Pave America Interco, LLC 401(k) match · 2024
Employer contribution per active participant$1,668
Median for plans this size$2,416
2024$1,668 per active participant
2023$1,266 per active participant
2022$1,549 per active participant

Pave America Interco, LLC's 2024 employer contribution ran below the $2,416 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 · 20243
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$96,977
KESTRA INVESTMENT SERVICES LLC · Investment advisory (plan)$49,576
THOMPSON GREENSPON · Accounting / audit$23,285

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$169,838 · 0.52%
2023$55,214 · 0.49%
2022$33,418 · 0.80%
Same employer
Similar plansConstruction · Virginia
W. M. Jordan Company, Inc. VA$64.0M · 0.18%
Groundworks Operations, LLC VA$62.5M · 0.38%
S.W. Rodgers Company, Inc. VA$42.9M · 0.16%
Shockey Companies VA$41.8M · 0.00%
Adams Construction Company VA$41.4M · 0.43%

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Source: U.S. Department of Labor, Form 5500 series, EIN 871034990 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.