Plan Ledger DOL Form 5500 · updated monthly

Scotty's Contracting & Stone, LLCProfit-sharing plan

SCOTTY'S CONTRACTING & STONE, LLC RETIREMENT SAVINGS PREVAILING WAGE PLAN · BOWLING GREEN, KY · plan year 2024

Reported admin expense ratio · 2024
0.66%

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

Scotty's Contracting & Stone, LLC reported $50,875 in plan administrative expenses for 2024: 0.66% of average plan assets, above the peer median. Employer contributions averaged $5,224 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 0.44% to 0.66%. 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 Kentucky (532nd of 871), and 3,357th of 5,337 in construction.

Plan summary
Net assets, end of year$8,199,446
Participants with balances467
Active participants610
Employer contributions$3,186,916
Employee contributions—
Employer contribution per active participant$5,224
Average account balance$17,558
Benefits paid to participants$2,952,944
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$8.2M · 467 accts · $3.2M emplr
2023$7.1M · 455 accts · $2.5M emplr
2022$6.0M · 435 accts · $2.5M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$50,875
Total administrative$50,875
Employer contributions to the Scotty's Contracting & Stone, LLC plan · 2024
Employer contribution per active participant$5,224
Median for plans this size$1,313
2024$5,224 per active participant
2023$4,093 per active participant
2022$4,238 per active participant

Scotty's Contracting & Stone, LLC's 2024 employer contribution ran above the $1,313 median for plans its size, placing it in the top quarter of its peers. 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
TRANSAMERICA RETIREMENT SOLUTIONS, · Recordkeeping · Loan processing$36,225
BENEFITS ADMINISTRATORS, LLC · Recordkeeping · Loan processing$14,650

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

Recordkeeper by year2
2024BENEFITS ADMINISTRATORS, LLC, Transamerica
2023BENEFITS ADMINISTRATORS, LLC, Transamerica

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$50,875 · 0.66%
2023$38,041 · 0.58%
2022$27,162 · 0.44%
Same employer
Similar plansConstruction · Kentucky
Holland Roofing, Inc. KY$9.4M · 0.04%
Paul Hemmer Company KY$9.4M · 0.48%
Buffalo Construction Inc KY$8.9M · 0.68%
Jagoe Homes, Inc. KY$6.4M · 0.09%

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Source: U.S. Department of Labor, Form 5500 series, EIN 611003078 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.