Plan Ledger DOL Form 5500 · updated monthly

Plaza Construction, LLC401(k)

PLAZA CONSTRUCTION, LLC EMPLOYEE SAVINGS' PLAN · NEW YORK, NY · plan year 2022

Reported admin expense ratio · 2022
0.12%

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

Plaza Construction, LLC reported $84,887 in plan administrative expenses for 2022: 0.12% of average plan assets, below the peer median. Employer contributions averaged $5,017 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 rose from 0.12% to 0.14%. The plan sits in the $50M–$250M size bracket, benchmarked here against 9,341 comparable plans and shown alongside other other services employers. By assets it is the 1,278th-largest of 5,648 plans among New York employers on file, and the 389th of 3,341 in other services. In 2022, employees put in $3.06 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$55,639,134
Participants with balances362
Active participants157
Employer contributions$787,701
Employee contributions$2,409,298
Employer contribution per active participant$5,017
Average account balance$153,699
Benefits paid to participants$12,458,211
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$53.4M · 233 accts · $420K emplr
2023$53.2M · 298 accts · $618K emplr
2022$55.6M · 362 accts · $788K emplr
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$84,887
Total administrative$84,887
The Plaza Construction, LLC 401(k) match · 2022
Employer contribution per active participant$5,017
Median for plans this size$3,449
2024$5,677 per active participant
2023$5,425 per active participant
2022$5,017 per active participant

Plaza Construction, LLC's 2022 employer contribution ran above the $3,449 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 history3
2024$76,508 · 0.14%
2023$75,586 · 0.14%
2022$84,887 · 0.12%
Same employer
Similar plansOther Services · New York
Olo Inc. NY$56.2M · 0.34%

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Source: U.S. Department of Labor, Form 5500 series, EIN 465046902 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.