Plan Ledger DOL Form 5500 · updated monthly

Pavement Services Corporation401(k)

PAVEMENT SERVICES CORPORATION EMPLOYEE'S SAVINGS TRUST · EULESS, TX · plan year 2024

Reported admin expense ratio · 2024
0.51%

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

Pavement Services Corporation reported $23,657 in plan administrative expenses for 2024: 0.51% of average plan assets, below the peer median. Employer contributions averaged $1,144 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 1.07% to 0.51%. 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 (4,046th of 5,688), and 3,995th of 5,337 in construction. In 2024, employees put in $2.97 for every $1.00 the employer contributed; active participation has grown from 118 to 156 since 2022.

Plan summary
Net assets, end of year$4,999,741
Participants with balances152
Active participants156
Employer contributions$178,497
Employee contributions$530,177
Employer contribution per active participant$1,144
Average account balance$32,893
Benefits paid to participants$540,272
Plan auditUnmodified (clean) audit opinion
AuditorWIPFLI LLP
Plan history3
Yearassets · accounts · employer contribution
2024$5.0M · 152 accts · $178K emplr
2023$4.3M · 138 accts · $188K emplr
2022$3.3M · 140 accts · $143K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$23,657
Total administrative$23,657
The Pavement Services Corporation 401(k) match · 2024
Employer contribution per active participant$1,144
Median for plans this size$1,313
2024$1,144 per active participant
2023$1,220 per active participant
2022$1,216 per active participant

Pavement Services Corporation'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
LINCOLN NATIONAL CORP · Contract administrator$8
COMMON WEALTH FINANCIAL NETWORK · Investment advisory (plan)$6

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$23,657 · 0.51%
2023$32,060 · 0.84%
2022$37,679 · 1.07%
Same employer
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Rawson Saunders School TX$5.1M · 0.31%
Atlas Tubular, L.P. TX$5.0M · 0.67%
Brg Management, Inc. TX$5.0M · 0.44%
Onx Holdings, Inc. TX$4.9M · 0.89%

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Source: U.S. Department of Labor, Form 5500 series, EIN 751897613 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.