Plan Ledger DOL Form 5500 · updated monthly

Robinson Paving Company, Inc.401(k)

ROBINSON PAVING COMPANY, INC. 401K PROFIT SHARING PLAN AND TRUST · COLUMBUS, GA · plan year 2023

Reported admin expense ratio · 2023
0.88%

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

Robinson Paving Company, Inc. reported $45,968 in plan administrative expenses for 2023: 0.88% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,522 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 has held roughly steady near 0.88%. 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 Georgia (1,563rd of 2,160), and 3,841st of 5,337 in construction. In 2023, employees put in $2.02 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$5,701,851
Participants with balances130
Active participants136
Employer contributions$206,992
Employee contributions$417,140
Employer contribution per active participant$1,522
Average account balance$43,860
Benefits paid to participants$244,883
Plan auditUnmodified (clean) audit opinion
AuditorABBOTT, JORDAN & KOON, LLC
Plan history2
Yearassets · accounts · employer contribution
2023$5.7M · 130 accts · $207K emplr
2022$4.8M · 113 accts · $187K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$26,506
Investment management$19,462
Total administrative$45,968
The Robinson Paving Company, Inc. 401(k) match · 2023
Employer contribution per active participant$1,522
Median for plans this size$1,308
2023$1,522 per active participant
2022$1,438 per active participant

Robinson Paving Company, Inc.'s 2023 employer contribution ran above 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 · 20232
LINCOLN NATIONAL CORP · Contract administrator$26,506
MERRILL LYNCH · Investment advisory (plan)$19,462

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$45,968 · 0.88%
2022$41,290 · 0.85%
Similar plansConstruction · Georgia
Rh&A, LLC GA$6.3M · 1.10%
Sei Group, LLC GA$5.0M · 0.75%
U-Tec Construction, Inc. GA$5.0M · 1.45%

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Source: U.S. Department of Labor, Form 5500 series, EIN 581157969 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.