Richard E. Pierson Construction Co., Inc.401(k)

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

Richard E. Pierson Construction Co., Inc. reported $4,045 in plan administrative expenses for 2024: 0.02% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,804 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 0.018%. 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 the 954th-largest of 2,419 plans among New Jersey employers on file, and the 1,789th of 5,337 in construction. In 2024, employees put in $1.38 for every $1.00 the employer contributed; active participation has grown from 392 to 541 since 2022.