Plan Ledger DOL Form 5500 · updated monthly

First Equity Holdings401(k)

RUSCILLI CONSTRUCTION CO. LLC 401(K) PROFIT SHARING PLAN · DUBLIN, OH · plan year 2024

Reported admin expense ratio · 2024
0.56%

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

First Equity Holdings reported $54,308 in plan administrative expenses for 2024: 0.56% of average plan assets, above the peer median. Employer contributions averaged $1,927 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 rose from 0.10% to 0.56%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in Ohio (1,914th of 3,295), and 2,969th of 5,337 in construction. In 2024, employees put in $3.48 for every $1.00 the employer contributed; active participation has grown from 116 to 172 since 2022.

Plan summary
Net assets, end of year$10,873,536
Participants with balances188
Active participants172
Employer contributions$331,476
Employee contributions$1,152,363
Employer contribution per active participant$1,927
Average account balance$57,838
Benefits paid to participants$847,695
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$10.9M · 188 accts · $331K emplr
2023$8.6M · 167 accts · $260K emplr
2022$6.4M · 128 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$54,308
Total administrative$54,308
The First Equity Holdings 401(k) match · 2024
Employer contribution per active participant$1,927
Median for plans this size$1,313
2024$1,927 per active participant
2023$1,529 per active participant

First Equity Holdings's 2024 employer contribution ran above the $1,313 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20245
MORGAN STANLEY · Investment advisory (participants)$27,252
MORGAN STANLEY GLOBAL BANKING · Investment advisory (participants)$5,782
NATIONWIDE · Investment advisory (participants)$4,091
PROACCOUNT · Investment advisory (participants)$1,972
TRINITY PENSION CONSULTANTS · Investment advisory (participants)$1,710

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

Administrative cost history3
2024$54,308 · 0.56%
2023$40,354 · 0.54%
2022$6,216 · 0.10%
All plans at this employer2
RUSCILLI CONSTRUCTION CO. LLC 401(K) PROFIT SHARING PLAN401(k)
RUSCILLI CONSTRUCTION CO., INC. EMPLOYEE STOCK OWNERSHIP PLANESOP
Same employer
Similar plansConstruction · Ohio
Welty Building Company LTD. OH$11.8M · 0.66%
Mid-City Electric Company OH$10.7M · 0.54%
Zemba Bros., Inc. OH$10.7M · 0.73%
Obr Cooling Towers, Inc. OH$10.3M · 0.24%
Hilltop Energy, Inc. OH$10.1M · 0.42%

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Source: U.S. Department of Labor, Form 5500 series, EIN 314440592 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.