Plan Ledger DOL Form 5500 · updated monthly

Preferred Acquisitions Co. LLC401(k)

PREFERRED LLC 401(K) PLAN · FORT WAYNE, IN · plan year 2022

Reported admin expense ratio · 2022
0.40%

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

Preferred Acquisitions Co. LLC reported $12,179 in plan administrative expenses for 2022: 0.40% of average plan assets, below the peer median. Employer contributions averaged $1,208 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in Indiana (1,322nd of 1,562), and 4,513th of 5,337 in construction. In 2022, employees put in $2.05 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$3,052,049
Participants with balances76
Active participants134
Employer contributions$161,918
Employee contributions$332,203
Employer contribution per active participant$1,208
Average account balance$40,159
Benefits paid to participants$20,840
Plan auditUnmodified (clean) audit opinion
AuditorDULIN WARD & DEWALD, INC.
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$11,909
Professional / advisory$270
Total administrative$12,179
The Preferred Acquisitions Co. LLC 401(k) match · 2022
Employer contribution per active participant$1,208
Median for plans this size$1,114

Preferred Acquisitions Co. LLC's 2022 employer contribution ran above the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$12,179 · 0.40%
Similar plansConstruction · Indiana
K&K Industries Inc. IN$3.9M · 0.03%
Berry-It Inc IN$3.5M · 0.64%
Jdh Contracting, Inc. IN$3.4M · 0.05%
Ragle Incorporated IN$3.1M · 0.59%
Cobalt Civil, LLC IN$2.7M · 0.16%
Weihe Construction Inc IN$1.8M · 1.09%
Rochester Homes, Inc. IN$1.7M · 2.02%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 161706410 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.