Plan Ledger DOL Form 5500 · updated monthly

Precision Concrete Construction Company, Inc.401(k)

PRECISION CONCRETE CONSTRUCTION COMPANY 401(K) PLAN · WHITE MARSH, MD · plan year 2023

Reported admin expense ratio · 2023
0.76%

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

Precision Concrete Construction Company, Inc. reported $50,904 in plan administrative expenses for 2023: 0.76% of average plan assets, above the peer median. Employer contributions averaged $902 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 0.66% to 0.75%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in Maryland (1,133rd of 1,671), and 3,548th of 5,337 in construction. In 2023, employees put in $2.61 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$7,220,408
Participants with balances118
Active participants184
Employer contributions$165,959
Employee contributions$432,447
Employer contribution per active participant$902
Average account balance$61,190
Benefits paid to participants$324,948
Plan auditUnmodified (clean) audit opinion
AuditorT.E. LOTT & COMPANY
Plan history3
Yearassets · accounts · employer contribution
2024$6.5M · 95 accts · $148K emplr
2023$7.2M · 118 accts · $166K emplr
2022$6.1M · 150 accts · $157K emplr
The Precision Concrete Construction Company, Inc. 401(k) match · 2023
Employer contribution per active participant$902
Median for plans this size$1,308
2024$1,036 per active participant
2023$902 per active participant
2022$842 per active participant

Precision Concrete Construction Company, Inc.'s 2023 employer contribution ran below the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20233
TRANSAMERICA LIFE INSURANCE COMPANY · Recordkeeping · Loan processing$39,608
PRIME BENEFITS, INC. · Recordkeeping · Loan processing$10,015
MESIROW FINANCIAL, INC. · Investment advisory (plan)$1,281

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

Recordkeeper by year2
2024PRIME BENEFITS, INC., Transamerica
2023PRIME BENEFITS, INC., Transamerica

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

Administrative cost history3
2024$51,402 · 0.75%
2023$50,904 · 0.76%
2022$40,118 · 0.66%
Similar plansConstruction · Maryland
Cda Incorporated MD$7.3M · 1.12%
Harvey W. Hottel Inc. MD$7.3M · 0.46%
Tissa Enterprises, Inc. MD$7.1M · 0.06%
Curbio Inc. MD$7.0M · 0.11%
Fence Connection, Inc. MD$6.8M · 0.40%
Aceco, LLC MD$6.2M · 0.05%

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Source: U.S. Department of Labor, Form 5500 series, EIN 520851269 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.