Plan Ledger DOL Form 5500 · updated monthly

Power Construction Company, LLC401(k)

POWER 401(K) RETIREMENT PLAN AND TRUST · CHICAGO, 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

Power Construction Company, LLC reported $74,096 in plan administrative expenses for 2024: 0.06% of average plan assets, lower than ~75% of peers. Employer contributions averaged $4,679 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 0.058% to 0.062%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other construction employers. By assets it is the 469th-largest of 3,702 plans among Illinois employers on file, and the 504th of 5,337 in construction. In 2024, employees put in $2.74 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$127,935,959
Participants with balances575
Active participants456
Employer contributions$2,133,426
Employee contributions$5,845,050
Employer contribution per active participant$4,679
Average account balance$222,497
Benefits paid to participants$11,288,893
Plan auditUnmodified (clean) audit opinion
AuditorCROWE LLP
Plan history3
Yearassets · accounts · employer contribution
2024$127.9M · 575 accts · $2.1M emplr
2023$112.8M · 576 accts · $2.1M emplr
2022$88.0M · 540 accts · $1.8M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$59,640
Investment management$14,456
Total administrative$74,096
The Power Construction Company, LLC 401(k) match · 2024
Employer contribution per active participant$4,679
Median for plans this size$3,635
2024$4,679 per active participant
2023$4,553 per active participant
2022$3,960 per active participant

Power Construction Company, LLC's 2024 employer contribution ran above the $3,635 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
SCHWAB RETIREMENT PLAN SERVICES INC · Recordkeeping · Investment advisory (participants)$62,702
MORNINGSTAR INC · Investment management$5,120

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024Charles Schwab
2023Charles Schwab

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$74,096 · 0.06%
2023$62,212 · 0.06%
2022$55,898 · 0.06%
Same employer
Similar plansConstruction · Illinois
The Pepper Companies, Inc. IL$164.6M · 0.18%
Heritage-Crystal Clean, LLC IL$121.8M · 0.20%
Anson Industries Inc. IL$118.3M · 0.14%
Aldridge Group, LLC IL$116.8M · 0.20%

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Source: U.S. Department of Labor, Form 5500 series, EIN 362813427 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.