Plan Ledger DOL Form 5500 · updated monthly

Structural System, Inc.401(k)

STRUCTURAL SYSTEMS, INC. 401(K) PROFIT SHARING PLAN AND TRUST · FORT SMITH, AR · plan year 2023

Reported admin expense ratio · 2023
0.00%

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

Structural System, Inc. reported $24 in plan administrative expenses for 2023: 0.00% of average plan assets, lower than ~75% of peers. Employer contributions averaged $883 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 0.01% to 0.04%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in Arkansas (378th of 456), and 4,633rd of 5,337 in construction. In 2023, employees put in $1.94 for every $1.00 the employer contributed; active participation has shrunk from 83 to 71 since 2022.

Plan summary
Net assets, end of year$2,629,855
Participants with balances37
Active participants71
Employer contributions$62,668
Employee contributions$121,706
Employer contribution per active participant$883
Average account balance$71,077
Benefits paid to participants$130,647
Plan auditDisclaimer of opinion
AuditorJOHN LANGHAM & CO., CPAS
Plan history3
Yearassets · accounts · employer contribution
2024$2.2M · 39 accts · $66K emplr
2023$2.6M · 37 accts · $63K emplr
2022$2.1M · 35 accts · $27K emplr
Administrative expenses, itemized · 2023
Investment management$24
Total administrative$24
The Structural System, Inc. 401(k) match · 2023
Employer contribution per active participant$883
Median for plans this size$1,308
2024$750 per active participant
2023$883 per active participant
2022$327 per active participant

Structural System, Inc.'s 2023 employer contribution ran below the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history3
2024$965 · 0.04%
2023$24 · 0.00%
2022$360 · 0.01%
Similar plansConstruction · Arkansas
Action, Inc. AR$4.6M · 0.79%
Middleton, Inc AR$3.5M · 0.24%
Tri-Lakes Services, Inc. AR$2.7M · 0.31%
D&H Contracting, Inc. AR$1.9M · 0.74%
West Tree Service, Inc. AR$764K · 0.82%

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Source: U.S. Department of Labor, Form 5500 series, EIN 710408216 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.