Plan Ledger DOL Form 5500 · updated monthly

Sandy Excavating, Inc401(k)

SANDY EXCAVATING, INC. 401(K) PLAN · LA PLATA, MD · plan year 2022

Reported admin expense ratio · 2022
0.09%

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

Sandy Excavating, Inc reported $2,412 in plan administrative expenses for 2022: 0.09% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,381 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in Maryland (1,497th of 1,671), and 4,708th of 5,337 in construction. In 2022, employees put in $2.16 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$2,416,039
Participants with balances43
Active participants67
Employer contributions$92,560
Employee contributions$200,321
Employer contribution per active participant$1,381
Average account balance$56,187
Benefits paid to participants$232,132
Plan auditUnmodified (clean) audit opinion
AuditorSIKICH LLP
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$2,412
Total administrative$2,412
The Sandy Excavating, Inc 401(k) match · 2022
Employer contribution per active participant$1,381
Median for plans this size$1,114

Sandy Excavating, Inc's 2022 employer contribution ran above the $1,114 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 history1
2022$2,412 · 0.09%
Similar plansConstruction · Maryland
J.W. & Sons, Inc. MD$2.5M · 0.50%
Thomas H. Ruark, Inc. MD$2.1M · 0.54%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 043742714 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.