Plan Ledger DOL Form 5500 · updated monthly

Petticoat-Schmitt Civil Contractors, Inc.401(k)

PETTICOAT-SCHMITT CIVIL CONTRACTORS, INC. 401(K) PROFIT SHARING PLAN AND TRUST · JACKSONVILLE, FL · plan year 2022

Reported admin expense ratio · 2022
1.04%

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

Petticoat-Schmitt Civil Contractors, Inc. reported $28,720 in plan administrative expenses for 2022: 1.04% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,248 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in Florida (2,967th of 3,644), and 4,643rd of 5,337 in construction. In 2022, employees put in $1.71 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$2,605,950
Participants with balances81
Active participants137
Employer contributions$170,952
Employee contributions$291,910
Employer contribution per active participant$1,248
Average account balance$32,172
Benefits paid to participants$228,934
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$28,495
Total administrative$28,720
The Petticoat-Schmitt Civil Contractors, Inc. 401(k) match · 2022
Employer contribution per active participant$1,248
Median for plans this size$1,114

Petticoat-Schmitt Civil Contractors, Inc.'s 2022 employer contribution ran above the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$28,720 · 1.04%
All plans at this employer2
PETTICOAT-SCHMITT CIVIL CONTRACTORS, INC. 401(K) PROFIT SHARING PLAN AND TRUST401(k)
PETTICOAT-SCHMITT CIVIL CONTRACTORS, INC. EMPLOYEE STOCK OWNERSHIP PLANESOP
Same employer
Similar plansConstruction · Florida
A-1 Block Corp FL$2.6M · 0.07%
Universal Forming, Inc. FL$2.5M · 0.28%
West Construction Inc FL$2.4M · 0.58%

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Source: U.S. Department of Labor, Form 5500 series, EIN 261293750 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.