Plan Ledger DOL Form 5500 · updated monthly

Skanska USA Civil, Inc.401(k)

SKANSKA HOURLY 401(K) PLAN · MAITLAND, FL · plan year 2022

Reported admin expense ratio · 2022
0.56%

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

Skanska USA Civil, Inc. reported $69,018 in plan administrative expenses for 2022: 0.56% of average plan assets, higher than ~75% of peers. Employer contributions averaged $3,235 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 1 year on file its reported administrative ratio fell from 0.56% to 0.42%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,806 comparable plans and shown alongside other professional & technical services employers. By assets it is the 1,811th-largest of 3,644 plans among Florida employers on file, and 8,084th of 11,654 in professional & technical services. In 2022, employees put in $1.67 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$9,712,105
Participants with balances793
Active participants274
Employer contributions$886,413
Employee contributions$1,481,763
Employer contribution per active participant$3,235
Average account balance$12,247
Benefits paid to participants$5,455,593
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2023$8.8M · 656 accts · $477K emplr
2022$9.7M · 793 accts · $886K emplr
The Skanska USA Civil, Inc. 401(k) match · 2022
Employer contribution per active participant$3,235
Median for plans this size$2,266
2023$1,835 per active participant
2022$3,235 per active participant

Skanska USA Civil, Inc.'s 2022 employer contribution ran above the $2,266 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history2
2023$38,903 · 0.42%
2022$69,018 · 0.56%
Similar plansProfessional & Technical Services · Florida
Iron Eaglex, Inc. FL$10.0M · 0.08%
Array US, Inc. FL$9.9M · 0.36%
Avalon HR LLC FL$9.9M · 0.68%
Zyscovich Aia FL$9.7M · 0.97%
Spectrio, LLC FL$9.7M · 0.68%
Ubicquia LLC FL$9.6M · 0.61%

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Source: U.S. Department of Labor, Form 5500 series, EIN 540406660 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.