Plan Ledger DOL Form 5500 · updated monthly

Precision Concrete Construction, Inc.401(k)

PRECISION CONCRETE CONSTRUCTION 401(K)/PROFIT SHARING PLAN · ALPHARETTA, GA · plan year 2024

Reported admin expense ratio · 2024
0.31%

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

Precision Concrete Construction, Inc. reported $31,485 in plan administrative expenses for 2024: 0.31% of average plan assets, above the peer median. Employer contributions averaged $863 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 0.38% to 0.31%. 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 among the smaller plans on file in Georgia (1,172nd of 2,160), and 2,937th of 5,337 in construction. In 2024, employees put in $2.07 for every $1.00 the employer contributed; active participation has grown from 337 to 453 since 2022.

Plan summary
Net assets, end of year$11,126,360
Participants with balances120
Active participants453
Employer contributions$391,138
Employee contributions$809,544
Employer contribution per active participant$863
Average account balance$92,720
Benefits paid to participants$296,927
Plan auditUnmodified (clean) audit opinion
AuditorHLB GROSS COLLINS PC
Plan history3
Yearassets · accounts · employer contribution
2024$11.1M · 120 accts · $391K emplr
2023$9.2M · 113 accts · $250K emplr
2022$7.2M · 102 accts · $158K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$17,372
Investment management$14,113
Total administrative$31,485
The Precision Concrete Construction, Inc. 401(k) match · 2024
Employer contribution per active participant$863
Median for plans this size$2,416
2024$863 per active participant
2023$517 per active participant
2022$470 per active participant

Precision Concrete Construction, Inc.'s 2024 employer contribution ran below the $2,416 median for plans its size, in the bottom quarter of its peers. 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$17,372
CAMBRIDGE INVESTMENT RESEARCH · Investment advisory (plan)$9,454

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$31,485 · 0.31%
2023$26,183 · 0.32%
2022$31,042 · 0.38%
Same employer
Similar plansConstruction · Georgia
Netplanner Systems, Inc. GA$12.3M · 0.79%
Ra-Lin & Associates, Inc. GA$12.2M · 0.01%
Alta Refrigeration, Inc GA$10.6M · 0.12%

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Source: U.S. Department of Labor, Form 5500 series, EIN 581683398 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.