Plan Ledger DOL Form 5500 · updated monthly

Roger Langeliers Construction Co.401(k)

RLC PROFIT SHARING 401(K) PLAN · COBURG, OR · plan year 2024

Reported admin expense ratio · 2024
0.64%

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

Roger Langeliers Construction Co. reported $170,352 in plan administrative expenses for 2024: 0.64% of average plan assets, higher than ~90% of peers. Employer contributions averaged $9,015 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 0.64%. 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 281st-largest of 1,021 plans among Oregon employers on file, and the 1,557th of 5,337 in construction. In 2024, the employer put in $1.63 for every $1.00 employees contributed themselves; active participation has grown from 170 to 312 since 2022.

Plan summary
Net assets, end of year$29,315,737
Participants with balances608
Active participants312
Employer contributions$2,812,818
Employee contributions$1,724,514
Employer contribution per active participant$9,015
Average account balance$48,217
Benefits paid to participants$2,412,200
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$29.3M · 608 accts · $2.8M emplr
2023$24.3M · 553 accts · $2.6M emplr
2022$15.5M · 280 accts · $1.3M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$46,639
Investment management$51,350
Total administrative$170,352
The Roger Langeliers Construction Co. 401(k) match · 2024
Employer contribution per active participant$9,015
Median for plans this size$2,416
2024$9,015 per active participant
2023$8,803 per active participant
2022$7,411 per active participant

Roger Langeliers Construction Co.'s 2024 employer contribution ran above the $2,416 median for plans its size, placing it in the top 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
JOHN HANCOCK LIFE INSURANCE COMPANY · Recordkeeping · Investment management$5,400
ALDRICH WEALTH LP · Investment advisory (participants)$51,350

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

Recordkeeper by year2
2024John Hancock
2023John Hancock

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$170,352 · 0.64%
2023$123,398 · 0.62%
2022$101,299 · 0.61%
Similar plansConstruction · Oregon
R&H Construction Co. OR$32.3M · 0.35%
Pinnacle Exhibits, Inc. OR$30.5M · 0.24%
Hydro-Temp Mechanical, Inc. OR$26.0M · 0.31%
American Heating, Inc. OR$22.1M · 0.23%

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Source: U.S. Department of Labor, Form 5500 series, EIN 931177456 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.