Plan Ledger DOL Form 5500 · updated monthly

Strike Construction LLC401(k)

THE 401(K) PLAN · SPRING, TX · plan year 2024

Reported admin expense ratio · 2024
0.20%

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

Strike Construction LLC reported $64,922 in plan administrative expenses for 2024: 0.20% of average plan assets, below the peer median. Employer contributions averaged $1,002 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 has held roughly steady near 0.201%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other construction employers. By assets it is the 1,436th-largest of 5,688 plans among Texas employers on file, and the 1,433rd of 5,337 in construction. In 2024, employees put in $1.92 for every $1.00 the employer contributed; active participation has shrunk from 1,354 to 979 since 2022.

Plan summary
Net assets, end of year$33,038,293
Participants with balances541
Active participants979
Employer contributions$981,130
Employee contributions$1,879,211
Employer contribution per active participant$1,002
Average account balance$61,069
Benefits paid to participants$5,787,998
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$33.0M · 541 accts · $981K emplr
2023$31.4M · 562 accts · $982K emplr
2022$28.4M · 633 accts · $1.2M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$64,922
Total administrative$64,922
The Strike Construction LLC 401(k) match · 2024
Employer contribution per active participant$1,002
Median for plans this size$2,416
2024$1,002 per active participant
2023$1,119 per active participant
2022$898 per active participant

Strike Construction LLC's 2024 employer contribution ran below the $2,416 median for plans its size, in the bottom 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 · 20241
FID INV INST OPS CO · Loan processing$64,922

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$64,922 · 0.20%
2023$62,141 · 0.21%
2022$76,193 · 0.20%
Same employer
Similar plansConstruction · Texas
Hi-Tech Electric, Inc. TX$34.5M · 0.15%
Landmark Structures I, L.P. TX$34.3M · 0.39%
Cintra US Services LLC TX$34.2M · 0.45%
Echo Maintenance, LLC TX$32.8M · 0.51%
Perc Engineering, LLC TX$30.4M · 0.26%

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Source: U.S. Department of Labor, Form 5500 series, EIN 874262928 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.