Plan Ledger DOL Form 5500 · updated monthly

Skanska USA Inc.401(k)

SKANSKA RETIREMENT PLAN PLUS · EAST ELMHURST, NY · plan year 2024

Reported admin expense ratio · 2024
0.06%

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

Skanska USA Inc. reported $339,429 in plan administrative expenses for 2024: 0.06% of average plan assets, below the peer median. Employer contributions averaged $12,911 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.

The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other professional & technical services employers. By assets it is the 201st-largest of 5,648 plans among New York employers on file, and the 311th of 11,654 in professional & technical services. In 2024, the employer put in $1.08 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$575,668,440
Participants with balances1,980
Active participants1,233
Employer contributions$15,919,475
Employee contributions$14,786,248
Employer contribution per active participant$12,911
Average account balance$290,742
Benefits paid to participants$29,008,672
Plan auditUnmodified (clean) audit opinion
The Skanska USA Inc. 401(k) match · 2024
Employer contribution per active participant$12,911
Median for plans this size$4,294

Skanska USA Inc.'s 2024 employer contribution ran above the $4,294 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 · 20244
THE VANGUARD GROUP, INC. · Recordkeeping · Consulting$45,082
VANGUARD ADVISERS INC. · Investment advisory (participants)$240,178
BAKER TILLY US, LLP · Accounting / audit$35,200
CAPTRUST · Consulting$22,569

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

Administrative cost history1
2024$339,429 · 0.06%
Similar plansProfessional & Technical Services · New York
Jackson Lewis P.C. NY$623.9M · 0.04%
Marcum Advisory Group, LLC NY$620.4M · 0.05%
The Segal Group, Inc. NY$590.8M · 0.01%
Spotify USA Inc. NY$565.8M · 0.11%
Marcum LLP NY$558.0M · 0.05%

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Source: U.S. Department of Labor, Form 5500 series, EIN 132700122 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.