Plan Ledger DOL Form 5500 · updated monthly

Reliable Contracting Company, Inc.401(k)

RELIABLE CONTRACTING COMPANY, INC. PROFIT SHARING PLAN & TRUST · GAMBRILLS, MD · plan year 2022

Reported admin expense ratio · 2022
0.30%

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

Reliable Contracting Company, Inc. reported $79,776 in plan administrative expenses for 2022: 0.30% of average plan assets, above the peer median. Employer contributions averaged $278 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 0.30% to 0.34%. 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 the 594th-largest of 1,671 plans among Maryland employers on file, and the 1,860th of 5,337 in construction. In 2022, employees put in $7.33 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$22,539,423
Participants with balances403
Active participants366
Employer contributions$101,914
Employee contributions$747,307
Employer contribution per active participant$278
Average account balance$55,929
Benefits paid to participants$3,951,790
Plan auditUnmodified (clean) audit opinion
AuditorBENEFIT AUDIT GROUP, LLC
Plan history3
Yearassets · accounts · employer contribution
2024$21.9M · 430 accts · $94K emplr
2023$22.4M · 464 accts · $1.1M emplr
2022$22.5M · 403 accts · $102K emplr
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$28,581
Investment management$36,046
Professional / advisory$5,150
Total administrative$79,776
The Reliable Contracting Company, Inc. 401(k) match · 2022
Employer contribution per active participant$278
Median for plans this size$2,266
2024$237 per active participant
2023$2,710 per active participant
2022$278 per active participant

Reliable Contracting Company, Inc.'s 2022 employer contribution ran below the $2,266 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history3
2024$74,578 · 0.34%
2023$87,831 · 0.39%
2022$79,776 · 0.30%
Same employer
Similar plansConstruction · Maryland
David a. Bramble Inc. MD$26.4M · 0.00%
Morgan-Keller, Inc. MD$22.5M · 0.32%
John C. Grimberg Co. Inc. MD$22.3M · 0.04%
Case Design/Remodeling,Inc. MD$22.1M · 0.49%

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Source: U.S. Department of Labor, Form 5500 series, EIN 520457856 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.