Plan Ledger DOL Form 5500 · updated monthly

Powers of Arkansas, Inc.401(k)

POWERS OF ARKANSAS, INC. 401(K) PROFIT SHARING PLAN AND TRUST · NORTH LITTLE ROCK, AR · plan year 2024

Reported admin expense ratio · 2024
0.30%

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

Powers of Arkansas, Inc. reported $36,580 in plan administrative expenses for 2024: 0.30% of average plan assets, above the peer median. Employer contributions averaged $3,055 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 fell from 0.51% to 0.30%. 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 179th-largest of 456 plans among Arkansas employers on file, and the 2,427th of 5,337 in construction. In 2024, employees put in $1.73 for every $1.00 the employer contributed; active participation has grown from 178 to 303 since 2022.

Plan summary
Net assets, end of year$15,346,525
Participants with balances350
Active participants303
Employer contributions$925,786
Employee contributions$1,605,359
Employer contribution per active participant$3,055
Average account balance$43,847
Benefits paid to participants$1,209,983
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$15.3M · 350 accts · $926K emplr
2023$8.9M · 212 accts · $591K emplr
2022$7.0M · 184 accts · $461K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$35,430
Total administrative$36,580
The Powers of Arkansas, Inc. 401(k) match · 2024
Employer contribution per active participant$3,055
Median for plans this size$2,416
2024$3,055 per active participant
2023$2,912 per active participant
2022$2,592 per active participant

Powers of Arkansas, 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
ERP RETIREMENT SERVICES · Other services$5,925

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$36,580 · 0.30%
2023$50,425 · 0.63%
2022$36,621 · 0.51%
Same employer
Similar plansConstruction · Arkansas
Clark Contractors, LLC. AR$22.9M · 0.25%
The Systems Group AR$21.4M · 0.13%
Harness Roofing, Inc. AR$15.1M · 0.54%
Roberts McNutt, Inc. AR$12.7M · 0.00%
Forsgren, Inc. AR$7.0M · 0.27%

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Source: U.S. Department of Labor, Form 5500 series, EIN 710606308 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.