Plan Ledger DOL Form 5500 · updated monthly

Silver Lake Construction Company401(k)

SILVER LAKE CONSTRUCTION COMPA 401K PROFIT SHARING PLAN AND TRU · LAS VEGAS, NV · plan year 2025

Reported admin expense ratio · 2025
0.23%

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

Silver Lake Construction Company reported $9,783 in plan administrative expenses for 2025: 0.23% of average plan assets, lower than ~75% of peers. Employer contributions averaged $949 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 3 years on file its reported administrative ratio fell from 1.38% to 0.23%. The plan sits in the $1M–$10M size bracket, benchmarked here against 809 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in Nevada (288th of 437), and 4,024th of 5,337 in construction. In 2025, employees put in $1.94 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$4,858,971
Participants with balances222
Active participants217
Employer contributions$205,965
Employee contributions$399,307
Employer contribution per active participant$949
Average account balance$21,887
Benefits paid to participants$297,404
Plan auditUnmodified (clean) audit opinion
AuditorBD & ASSOCIATES CPAS PLLC
Plan history4
Yearassets · accounts · employer contribution
2025$4.9M · 222 accts · $206K emplr
2024$3.8M · 267 accts · $214K emplr
2023$3.0M · 222 accts · $175K emplr
2022$2.3M · 233 accts · $189K emplr
Administrative expenses, itemized · 2025
Recordkeeping & contract admin$9,783
Total administrative$9,783
The Silver Lake Construction Company 401(k) match · 2025
Employer contribution per active participant$949
Median for plans this size$1,464
2025$949 per active participant
2024$666 per active participant
2023$606 per active participant
2022$947 per active participant

Silver Lake Construction Company's 2025 employer contribution ran below the $1,464 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 2025 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20253
ADP, INC. · Recordkeeping · Loan processing$9,783
ADP BROKER-DEALER · Other servicesindirect comp
MORGAN STANLEY · Other servicesindirect comp

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

Recordkeeper by year3
2025ADP
2024ADP
2023ADP, UNITED PLANNERS FNCL SVCS OF AMERIC

This plan has changed recordkeepers within these filings. If you left Silver Lake Construction Company before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history4
2025$9,783 · 0.23%
2024$6,770 · 0.20%
2023$16,535 · 0.63%
2022$32,085 · 1.38%
Same employer
Similar plansConstruction · Nevada
Goettl Home Services, LLC NV$6.9M · 0.15%
Blue Heron Companies, LLC NV$5.4M · 0.27%
Hirschi Companies, LLC NV$4.4M · 0.12%
R. P. Weddell & Sons Co. NV$4.2M · 1.98%
V.T. Construction, Inc. NV$3.9M · 1.34%
Sunrise Carpentry, Inc. NV$3.4M · 0.69%

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Source: U.S. Department of Labor, Form 5500 series, EIN 472938066 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.