Plan Ledger DOL Form 5500 · updated monthly

Siteworx401(k)

SITEWORX 401(K) PLAN · LEBANON, OH · plan year 2024

Reported admin expense ratio · 2024
0.42%

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

Siteworx reported $15,638 in plan administrative expenses for 2024: 0.42% of average plan assets, below the peer median. Employer contributions averaged $2,970 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 0.16% to 0.42%. 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 Ohio (2,662nd of 3,295), and 4,192nd of 5,337 in construction. In 2024, employees put in $1.02 for every $1.00 the employer contributed; active participation has grown from 100 to 115 since 2022.

Plan summary
Net assets, end of year$4,146,542
Participants with balances114
Active participants115
Employer contributions$341,508
Employee contributions$347,774
Employer contribution per active participant$2,970
Average account balance$36,373
Benefits paid to participants$245,107
Plan auditUnmodified (clean) audit opinion
AuditorBRIXEY & MEYER
Plan history3
Yearassets · accounts · employer contribution
2024$4.1M · 114 accts · $342K emplr
2023$3.2M · 100 accts · $310K emplr
2022$2.5M · 100 accts · $216K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$3,500
Investment management$10,199
Total administrative$15,638
The Siteworx 401(k) match · 2024
Employer contribution per active participant$2,970
Median for plans this size$1,313
2024$2,970 per active participant
2023$3,160 per active participant
2022$2,162 per active participant

Siteworx'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
BRIXEY AND MEYER$6,529

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$15,638 · 0.42%
2023$12,596 · 0.44%
2022$4,325 · 0.16%
Same employer
Similar plansConstruction · Ohio
Homewood Corporation OH$4.5M · 0.51%
Sexton Industrial, Inc. OH$4.2M · 0.06%
Todd's Enviroscapes, LLC OH$4.1M · 1.00%
Reliant Mechanical, LLC OH$3.7M · 0.91%

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Source: U.S. Department of Labor, Form 5500 series, EIN 272850156 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.