Plan Ledger DOL Form 5500 · updated monthly

Snyder Roofing & Sheet Metal, Inc.401(k)

SNYDER ROOFING & SHEET METAL, INC. 401K PROFIT SHARING PLAN · TIGARD, OR · plan year 2024

Reported admin expense ratio · 2024
0.72%

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

Snyder Roofing & Sheet Metal, Inc. reported $62,022 in plan administrative expenses for 2024: 0.72% of average plan assets, above the peer median. Employer contributions averaged $5,239 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 0.36% to 0.72%. 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 Oregon (585th of 1,021), and 3,213th of 5,337 in construction. In 2024, employees put in $1.57 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$9,218,613
Participants with balances84
Active participants56
Employer contributions$293,375
Employee contributions$460,883
Employer contribution per active participant$5,239
Average account balance$109,745
Benefits paid to participants$566,512
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$9.2M · 84 accts · $293K emplr
2023$8.0M · 151 accts · $294K emplr
2022$7.0M · 52 accts · $142K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$34,875
Investment management$25,754
Total administrative$62,022
The Snyder Roofing & Sheet Metal, Inc. 401(k) match · 2024
Employer contribution per active participant$5,239
Median for plans this size$1,313
2024$5,239 per active participant
2023$5,065 per active participant
2022$2,531 per active participant

Snyder Roofing & Sheet Metal, Inc.'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
JOHN HANCOCK LIFE INSURANCE COMPANY · Recordkeeping · Investment management$5,295
BAC CAPITAL ADVISORS, LLC · Investment advisory (participants)$25,754

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

Recordkeeper by year2
2024John Hancock
2023John Hancock

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$62,022 · 0.72%
2023$52,211 · 0.70%
2022$24,656 · 0.36%
Similar plansConstruction · Oregon
A Cut Above Exteriors, Inc. OR$10.1M · 0.28%
Perfect Air Holdco LLC OR$9.3M · 0.55%
Coffman Excavation Inc. OR$8.5M · 0.72%
Taylor Metal, Inc. OR$7.7M · 0.08%

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Source: U.S. Department of Labor, Form 5500 series, EIN 930438553 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.