Plan Ledger DOL Form 5500 · updated monthly

Pinnacle Construction and Development Corp401(k)

PINNACLE/PARK 401(K) PLAN · CHARLOTTESVILLE, VA · plan year 2022

Reported admin expense ratio · 2022
0.33%

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

Pinnacle Construction and Development Corp reported $15,995 in plan administrative expenses for 2022: 0.33% of average plan assets, below the peer median. Employer contributions averaged $1,702 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 Virginia (1,891st of 2,266), and 4,140th of 5,337 in construction. In 2022, employees put in $2.52 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$4,319,850
Participants with balances76
Active participants106
Employer contributions$180,463
Employee contributions$455,130
Employer contribution per active participant$1,702
Average account balance$56,840
Benefits paid to participants$717,575
Plan auditUnmodified (clean) audit opinion
AuditorCOMER NOWLING AND ASSOCIATES, P.C.
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$2,204
Investment management$13,791
Total administrative$15,995
The Pinnacle Construction and Development Corp 401(k) match · 2022
Employer contribution per active participant$1,702
Median for plans this size$1,114

Pinnacle Construction and Development Corp'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$15,995 · 0.33%
Same employer
Similar plansConstruction · Virginia
Power Mechanical, Inc. VA$4.7M · 0.88%
B3 Enterprises, LLC VA$4.0M · 1.40%

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Source: U.S. Department of Labor, Form 5500 series, EIN 541570545 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.