Plan Ledger DOL Form 5500 · updated monthly

Sacyr Construction USA LLC401(k)

SACYR 401(K) PLAN · MIAMI, FL · plan year 2024

Reported admin expense ratio · 2024
0.30%

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

Sacyr Construction USA LLC reported $10,110 in plan administrative expenses for 2024: 0.30% of average plan assets, below the peer median. Employer contributions averaged $919 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 fell from 3.55% to 0.30%. 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 Florida (2,747th of 3,644), and 4,321st of 5,337 in construction. In 2024, employees put in $1.64 for every $1.00 the employer contributed; active participation has grown from 428 to 539 since 2022.

Plan summary
Net assets, end of year$3,716,056
Participants with balances253
Active participants539
Employer contributions$495,333
Employee contributions$814,432
Employer contribution per active participant$919
Average account balance$14,688
Benefits paid to participants$972,325
Plan auditUnmodified (clean) audit opinion
AuditorVERDEJA & ALVAREZ, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$3.7M · 253 accts · $495K emplr
2023$3.0M · 276 accts · $393K emplr
2022$1.8M · 336 accts · $351K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$7,600
Investment management$210
Total administrative$10,110
The Sacyr Construction USA LLC 401(k) match · 2024
Employer contribution per active participant$919
Median for plans this size$1,313
2024$919 per active participant
2023$765 per active participant
2022$820 per active participant

Sacyr Construction USA LLC's 2024 employer contribution ran below 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 · 20242
LPL FINANCIAL CORPORATIONindirect comp

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$10,110 · 0.30%
2023$74,338 · 3.10%
2022$63,482 · 3.55%
Same employer
Similar plansConstruction · Florida
127 Group, LLC FL$3.8M · 0.07%
Youngquist Brothers, LLC FL$3.8M · 2.08%
Cone & Graham Inc. FL$3.7M · 0.09%
East Coast Mechanical Inc FL$3.6M · 0.17%

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Source: U.S. Department of Labor, Form 5500 series, EIN 611753336 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.