Plan Ledger DOL Form 5500 · updated monthly

Rummel Construction, Inc.401(k)

RUMMEL CONSTRUCTION, INC. 401(K) PLAN · SCOTTSDALE, AZ · plan year 2022

Reported admin expense ratio · 2022
0.64%

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

Rummel Construction, Inc. reported $114,390 in plan administrative expenses for 2022: 0.64% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,316 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 0.64% to 1.25%. 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 415th-largest of 1,285 plans among Arizona employers on file, and the 2,295th of 5,337 in construction. In 2022, employees put in $4.08 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$16,622,749
Participants with balances586
Active participants473
Employer contributions$622,266
Employee contributions$2,538,573
Employer contribution per active participant$1,316
Average account balance$28,366
Benefits paid to participants$2,657,793
Plan auditUnmodified (clean) audit opinion
AuditorMAYER HOFFMAN MCCANN PC
Plan history2
Yearassets · accounts · employer contribution
2023$682K · 24 accts · $2K emplr
2022$16.6M · 586 accts · $622K emplr
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$69,426
Investment management$44,964
Total administrative$114,390
The Rummel Construction, Inc. 401(k) match · 2022
Employer contribution per active participant$1,316
Median for plans this size$2,266
2023$4 per active participant
2022$1,316 per active participant

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

Administrative cost history2
2023$108,431 · 1.25%
2022$114,390 · 0.64%
Same employer
Similar plansConstruction · Arizona
D.P. Electric, Inc. AZ$19.0M · 0.58%

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Source: U.S. Department of Labor, Form 5500 series, EIN 860826768 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.