Plan Ledger DOL Form 5500 · updated monthly

Rabren General Contractors, L.P.401(k)

RABREN GENERAL CONTRACTORS 401(K) PSP · AUBURN, AL · plan year 2024

Reported admin expense ratio · 2024
0.80%

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

Rabren General Contractors, L.P. reported $74,627 in plan administrative expenses for 2024: 0.80% of average plan assets, above the peer median. Employer contributions averaged $3,601 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 3 years on file its reported administrative ratio has held roughly steady near 0.80%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in Alabama (467th of 902), and 3,107th of 5,337 in construction. In 2024, employees put in $1.85 for every $1.00 the employer contributed; active participation has shrunk from 120 to 90 since 2022.

Plan summary
Net assets, end of year$9,880,667
Participants with balances102
Active participants90
Employer contributions$324,076
Employee contributions$598,535
Employer contribution per active participant$3,601
Average account balance$96,869
Benefits paid to participants$986,478
Plan auditUnmodified (clean) audit opinion
AuditorCOKER AND COMPANY LLC
Plan history3
Yearassets · accounts · employer contribution
2024$9.9M · 102 accts · $324K emplr
2023$8.8M · 129 accts · $358K emplr
2022$6.6M · 126 accts · $399K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$20,022
Investment management$54,605
Total administrative$74,627
The Rabren General Contractors, L.P. 401(k) match · 2024
Employer contribution per active participant$3,601
Median for plans this size$1,313
2024$3,601 per active participant
2023$3,319 per active participant
2022$3,325 per active participant

Rabren General Contractors, L.P.'s 2024 employer contribution ran above the $1,313 median for plans its size, placing it in the top 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
FISHER ASSET MANAGEMENT LLC FISHER · Investment advisory (plan)$54,605

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$74,627 · 0.80%
2023$60,403 · 0.78%
2022$54,788 · 0.77%
Similar plansConstruction · Alabama
Gulf Equipment Corporation AL$14.6M · 0.44%
Bright Future Electric, LLC AL$13.8M · 0.04%
Davidson Homes, LLC AL$9.9M · 0.31%
Blox LLC AL$9.8M · 0.74%

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Source: U.S. Department of Labor, Form 5500 series, EIN 830906070 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.