Plan Ledger DOL Form 5500 · updated monthly

Power & Construction Group, Inc.401(k)

POWER & CONSTRUCTION GROUP, INC. 401(K) PROFIT SHARING PLAN · SCOTTSVILLE, NY · plan year 2024

Reported admin expense ratio · 2024
0.54%

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

Power & Construction Group, Inc. reported $97,520 in plan administrative expenses for 2024: 0.54% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,418 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 0.50% to 0.54%. 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 2,499th-largest of 5,648 plans among New York employers on file, and the 1,988th of 5,337 in construction. In 2024, employees put in $3.12 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$20,458,234
Participants with balances365
Active participants321
Employer contributions$776,164
Employee contributions$2,422,247
Employer contribution per active participant$2,418
Average account balance$56,050
Benefits paid to participants$1,378,332
Plan auditUnmodified (clean) audit opinion
AuditorBONADIO & COMPANY LLP
Plan history3
Yearassets · accounts · employer contribution
2024$20.5M · 365 accts · $776K emplr
2023$15.7M · 362 accts · $631K emplr
2022$12.1M · 342 accts · $1.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$46,427
Investment management$42,653
Total administrative$97,520
The Power & Construction Group, Inc. 401(k) match · 2024
Employer contribution per active participant$2,418
Median for plans this size$2,416
2024$2,418 per active participant
2023$2,075 per active participant
2022$3,726 per active participant

Power & Construction Group, 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 · 20241
LPL FINANCIAL LLC - RPCP · Investment advisory (participants)$42,653

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$97,520 · 0.54%
2023$75,725 · 0.54%
2022$61,461 · 0.50%
Same employer
Similar plansConstruction · New York
Douglaston Companies I LLC NY$21.5M · 0.30%
Tritech Communications, Inc NY$20.5M · 0.53%
Purcell Construction Corp. NY$19.8M · 0.44%
Villager Construction, Inc. NY$19.7M · 0.27%

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Source: U.S. Department of Labor, Form 5500 series, EIN 161425844 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.