Plan Ledger DOL Form 5500 · updated monthly

Rycon Construction, Inc.401(k)

RYCON CONSTRUCTION 401(K) PLAN · PITTSBURGH, PA · plan year 2024

Reported admin expense ratio · 2024
0.07%

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

Rycon Construction, Inc. reported $22,130 in plan administrative expenses for 2024: 0.07% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,740 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 0.02% to 0.07%. 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 1,108th-largest of 3,651 plans among Pennsylvania employers on file, and the 1,452nd of 5,337 in construction. In 2024, employees put in $4.01 for every $1.00 the employer contributed; active participation has grown from 433 to 503 since 2022.

Plan summary
Net assets, end of year$32,408,504
Participants with balances621
Active participants503
Employer contributions$874,999
Employee contributions$3,512,892
Employer contribution per active participant$1,740
Average account balance$52,188
Benefits paid to participants$5,156,703
Plan auditUnmodified (clean) audit opinion
AuditorURISH POPECK & CO., LLC
Plan history3
Yearassets · accounts · employer contribution
2024$32.4M · 621 accts · $875K emplr
2023$28.4M · 556 accts · $810K emplr
2022$21.8M · 485 accts · $642K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$7,522
Investment management$14,608
Total administrative$22,130
The Rycon Construction, Inc. 401(k) match · 2024
Employer contribution per active participant$1,740
Median for plans this size$2,416
2024$1,740 per active participant
2023$1,776 per active participant
2022$1,483 per active participant

Rycon Construction, Inc.'s 2024 employer contribution ran below the $2,416 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 · 20242
EMPOWER ADVISORY GROUP, LLC · Investment management$14,608

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$22,130 · 0.07%
2023$6,716 · 0.03%
2022$4,141 · 0.02%
Same employer
Similar plansConstruction · Pennsylvania
Maronda, Inc. PA$31.9M · 0.39%
Ecigroup PA$29.9M · 0.35%

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Source: U.S. Department of Labor, Form 5500 series, EIN 251601544 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.