Plan Ledger DOL Form 5500 · updated monthly

Saunders Construction Inc401(k)

SAUNDERS CONSTRUCTION, INC. 401(K) PLAN · ENGLEWOOD, CO · plan year 2024

Reported admin expense ratio · 2024
0.19%

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

Saunders Construction Inc reported $98,251 in plan administrative expenses for 2024: 0.19% of average plan assets, above the peer median. Employer contributions averaged $5,806 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 0.20% to 0.19%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other construction employers. By assets it is the 231st-largest of 1,461 plans among Colorado employers on file, and the 1,005th of 5,337 in construction. In 2024, employees put in $1.84 for every $1.00 the employer contributed; active participation has shrunk from 425 to 358 since 2022.

Plan summary
Net assets, end of year$53,350,575
Participants with balances536
Active participants358
Employer contributions$2,078,642
Employee contributions$3,824,126
Employer contribution per active participant$5,806
Average account balance$99,535
Benefits paid to participants$9,434,559
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$53.4M · 536 accts · $2.1M emplr
2023$49.8M · 590 accts · $2.1M emplr
2022$40.8M · 551 accts · $1.8M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$49,501
Investment management$48,750
Total administrative$98,251
The Saunders Construction Inc 401(k) match · 2024
Employer contribution per active participant$5,806
Median for plans this size$3,635
2024$5,806 per active participant
2023$5,267 per active participant
2022$4,282 per active participant

Saunders Construction Inc's 2024 employer contribution ran above the $3,635 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
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$49,501
IMA WEALTH INC · Investment advisory (plan)$48,750

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$98,251 · 0.19%
2023$79,643 · 0.18%
2022$92,308 · 0.20%
Same employer
Similar plansConstruction · Colorado
Haselden Construction LLC CO$58.9M · 0.30%
Frontline Road Safety LLC CO$57.4M · 0.49%
Dawson Technical Inc. CO$45.5M · 0.46%
Sema Construction, Inc. CO$40.8M · 0.31%

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Source: U.S. Department of Labor, Form 5500 series, EIN 840706521 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.