Plan Ledger DOL Form 5500 · updated monthly

Ralph G. Degli Obizzi & Sons, Inc.401(k)

RALPH G. DEGLI OBIZZI & SONS, INC. 401(K) RETIREMENT PLAN · WILMINGTON, DE · plan year 2022

Reported admin expense ratio · 2022
0.36%

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

Ralph G. Degli Obizzi & Sons, Inc. reported $57,108 in plan administrative expenses for 2022: 0.36% of average plan assets, above the peer median. Employer contributions averaged $3,424 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 1 year on file its reported administrative ratio fell from 0.36% to 0.31%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,806 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in Delaware (122nd of 242), and the 2,499th of 5,337 in construction. In 2022, employees put in $1.32 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$14,737,193
Participants with balances117
Active participants103
Employer contributions$352,636
Employee contributions$466,181
Employer contribution per active participant$3,424
Average account balance$125,959
Benefits paid to participants$70,579
Plan auditUnmodified (clean) audit opinion
AuditorWHEELER WOLFENDEN AND DWARES, CPAS
Plan history2
Yearassets · accounts · employer contribution
2023$11.3M · $338K emplr
2022$14.7M · 117 accts · $353K emplr
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$57,108
Total administrative$57,108
The Ralph G. Degli Obizzi & Sons, Inc. 401(k) match · 2022
Employer contribution per active participant$3,424
Median for plans this size$2,266
2023$3,485 per active participant
2022$3,424 per active participant

Ralph G. Degli Obizzi & Sons, Inc.'s 2022 employer contribution ran above the $2,266 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 history2
2023$39,920 · 0.31%
2022$57,108 · 0.36%
Similar plansConstruction · Delaware
Apex Piping Systems, Inc. DE$15.3M · 0.21%
Nickle Electrical Companies DE$15.2M · 0.03%
County Insulation Company DE$12.7M · 0.37%
Capano Management Company DE$11.6M · 0.62%
Intelgica, Inc. DE$11.5M · 0.44%
Diamond Materials LLC DE$11.5M · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 510116983 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.