Plan Ledger DOL Form 5500 · updated monthly

Shallenberger Construction, Inc.401(k)

SHALLENBERGER CONSTRUCTION, INC. 401(K) DAVIS BACON PLAN · CONNELLSVILLE, PA · plan year 2021

Reported admin expense ratio · 2021
0.39%

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

Shallenberger Construction, Inc. reported $45,614 in plan administrative expenses for 2021: 0.39% of average plan assets, above the peer median. Employer contributions averaged $1,149 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 4 years on file its reported administrative ratio has held roughly steady near 0.41%. The plan sits in the $10M–$50M size bracket, benchmarked here against 109 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in Pennsylvania (2,095th of 3,651), and 2,788th of 5,337 in construction. In 2021, employees put in $1.35 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$12,123,055
Participants with balances93
Active participants200
Employer contributions$229,847
Employee contributions$310,547
Employer contribution per active participant$1,149
Average account balance$130,355
Benefits paid to participants$737,474
Plan auditUnmodified (clean) audit opinion
AuditorHERBEIN + COMPANY, INC.
Plan history4
Yearassets · accounts · employer contribution
2023$11.7M · 96 accts · $314K emplr
2022$10.1M · 100 accts · $417K emplr
2021$12.1M · 93 accts · $230K emplr
2020$11.0M · 87 accts · $257K emplr
Administrative expenses, itemized · 2021
Recordkeeping & contract admin$45,614
Total administrative$45,614
The Shallenberger Construction, Inc. 401(k) match · 2021
Employer contribution per active participant$1,149
Median for plans this size$2,122
2023$1,697 per active participant
2022$2,004 per active participant
2021$1,149 per active participant
2020$1,389 per active participant

Shallenberger Construction, Inc.'s 2021 employer contribution ran below the $2,122 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 2021 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history4
2023$44,058 · 0.41%
2022$42,757 · 0.39%
2021$45,614 · 0.39%
2020$41,315 · 0.40%
Similar plansConstruction · Pennsylvania
Mve Group, Inc. PA$12.4M · 0.33%
Eda Roofing, Inc. PA$12.4M · 0.61%
Sargent Electric Company PA$12.2M · 0.07%
Smucker Company PA$11.9M · 0.28%
Lobar Associates, Inc. PA$11.8M · 0.16%

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Source: U.S. Department of Labor, Form 5500 series, EIN 251661288 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.