Plan Ledger DOL Form 5500 · updated monthly

Roads, Inc. of Nwf401(k)

ROADS, INC. RETIREMENT PLAN · CANTONMENT, FL · plan year 2023

Reported admin expense ratio · 2023
1.14%

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

Roads, Inc. of Nwf reported $30,035 in plan administrative expenses for 2023: 1.14% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,068 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 rose from 1.05% to 1.14%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in Florida (2,880th of 3,644), and 4,511th of 5,337 in construction. In 2023, employees put in $1.70 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$3,059,489
Participants with balances99
Active participants142
Employer contributions$151,690
Employee contributions$258,487
Employer contribution per active participant$1,068
Average account balance$30,904
Benefits paid to participants$149,671
Plan auditUnmodified (clean) audit opinion
AuditorAVIZO GROUP
Plan history2
Yearassets · accounts · employer contribution
2023$3.1M · 99 accts · $152K emplr
2022$2.2M · 110 accts · $139K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$28,237
Investment management$521
Total administrative$30,035
The Roads, Inc. of Nwf 401(k) match · 2023
Employer contribution per active participant$1,068
Median for plans this size$1,308
2023$1,068 per active participant
2022$976 per active participant

Roads, Inc. of Nwf's 2023 employer contribution ran below the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20233
JOHN HANCOCK LIFE INSURANCE COMPANY · Recordkeeping · Investment management$1,200
TRIAD INSURANCE INC · Accounting / audit · Recordkeepingindirect comp
WILSHIRE ASSOCIATES INC(USA) · Investment advisory (participants)$521

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history2
2023$30,035 · 1.14%
2022$24,545 · 1.05%
Similar plansConstruction · Florida
The Nassal Company FL$3.4M · 0.53%
Generx Generators, LLC FL$3.3M · 0.93%
Rapp Operations LLC FL$3.0M · 0.53%
Davis Mail Services, Inc. FL$2.9M · 2.74%

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Source: U.S. Department of Labor, Form 5500 series, EIN 593598732 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.