Plan Ledger DOL Form 5500 · updated monthly

Plote Construction, Inc.401(k)

THE PLOTE COMPANIES 401(K) PLAN · HOFFMAN ESTATES, IL · plan year 2024

Reported admin expense ratio · 2024
0.06%

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

Plote Construction, Inc. reported $13,645 in plan administrative expenses for 2024: 0.06% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,626 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 0.05% to 0.06%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other construction employers. By assets it is the 1,488th-largest of 3,702 plans among Illinois employers on file, and the 1,744th of 5,337 in construction. In 2024, employees put in $3.68 for every $1.00 the employer contributed; active participation has grown from 124 to 138 since 2022.

Plan summary
Net assets, end of year$24,930,846
Participants with balances196
Active participants138
Employer contributions$362,425
Employee contributions$1,331,990
Employer contribution per active participant$2,626
Average account balance$127,198
Benefits paid to participants$3,377,677
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$24.9M · 196 accts · $362K emplr
2023$23.4M · 174 accts · $348K emplr
2022$21.3M · 170 accts · $362K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$8,032
Investment management$5,613
Total administrative$13,645
The Plote Construction, Inc. 401(k) match · 2024
Employer contribution per active participant$2,626
Median for plans this size$2,416
2024$2,626 per active participant
2023$2,700 per active participant
2022$2,922 per active participant

Plote Construction, Inc.'s 2024 employer contribution ran above the $2,416 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
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$8,032
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$5,613

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$13,645 · 0.06%
2023$22,895 · 0.10%
2022$13,426 · 0.05%
Same employer
Similar plansConstruction · Illinois
Fcl Builders, LLC IL$26.0M · 0.56%
Kroeschell, Inc. IL$24.1M · 0.33%
Ac Johnston LTD. IL$23.9M · 0.10%
Climate Pros LLC IL$22.2M · 0.33%

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Source: U.S. Department of Labor, Form 5500 series, EIN 362814492 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.