Plan Ledger DOL Form 5500 · updated monthly

PC Construction Company401(k) + ESOP (KSOP)

INCENTIVE RETIREMENT PLAN FOR EMPLOYEES OF PC CONSTRUCTION COMPANY · SOUTH BURLINGTON, VT · plan year 2024

Reported admin expense ratio · 2024
0.09%

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

PC Construction Company reported $120,536 in plan administrative expenses for 2024: 0.09% of average plan assets, below the peer median. Employer contributions averaged $11,586 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 0.14% to 0.09%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other construction employers. By assets it is the 11th-largest of 230 plans among Vermont employers on file, and the 446th of 5,337 in construction. In 2024, the employer put in $1.45 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$149,639,025
Participants with balances1,338
Active participants472
Employer contributions$5,468,685
Employee contributions$3,759,711
Employer contribution per active participant$11,586
Average account balance$111,838
Benefits paid to participants$10,571,759
Plan auditUnmodified (clean) audit opinion
AuditorMCSOLEY MCCOY AND COMPANY
Plan history3
Yearassets · accounts · employer contribution
2024$149.6M · 1,338 accts · $5.5M emplr
2023$123.7M · 1,406 accts · $5.2M emplr
2022$103.8M · 1,546 accts · $3.7M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$120,536
Total administrative$120,536
The PC Construction Company 401(k) match · 2024
Employer contribution per active participant$11,586
Median for plans this size$3,635
2024$11,586 per active participant
2023$11,468 per active participant
2022$8,542 per active participant

PC Construction Company's 2024 employer contribution ran above the $3,635 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$120,536
MORNINGSTAR INVESTMENT MANAGEMENT L · Investment advisory (participants)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$120,536 · 0.09%
2023$125,322 · 0.11%
2022$158,575 · 0.14%
Same employer
Similar plansConstruction · Vermont
Service Experts LLC TX$151.8M · 0.23%
Rooney Holdings, Inc. OK$150.7M · 0.19%
The Weitz Company, LLC IA$149.6M · 0.14%

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Source: U.S. Department of Labor, Form 5500 series, EIN 030259783 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.