Plan Ledger DOL Form 5500 · updated monthly

Superior Construction Company401(k)

SUPERIOR CONSTRUCTION CO., INC. EMPLOYEES' 401(K) SAVINGS PLAN · JACKSONVILLE, FL · plan year 2024

Reported admin expense ratio · 2024
0.31%

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

Superior Construction Company reported $113,899 in plan administrative expenses for 2024: 0.31% of average plan assets, above the peer median. Employer contributions averaged $1,499 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 0.31%. 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 660th-largest of 3,644 plans among Florida employers on file, and the 1,268th of 5,337 in construction. In 2024, employees put in $1.87 for every $1.00 the employer contributed; active participation has grown from 787 to 1,341 since 2022.

Plan summary
Net assets, end of year$38,799,834
Participants with balances653
Active participants1,341
Employer contributions$2,010,019
Employee contributions$3,752,854
Employer contribution per active participant$1,499
Average account balance$59,418
Benefits paid to participants$6,520,047
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$38.8M · 653 accts · $2.0M emplr
2023$34.6M · 560 accts · $1.6M emplr
2022$27.4M · 492 accts · $1.3M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$63,899
Investment management$50,000
Total administrative$113,899
The Superior Construction Company 401(k) match · 2024
Employer contribution per active participant$1,499
Median for plans this size$2,416
2024$1,499 per active participant
2023$1,625 per active participant
2022$1,621 per active participant

Superior Construction Company's 2024 employer contribution ran below the $2,416 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$63,899
NFP RETIREMENT INC · Investment advisory (plan)$50,000

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$113,899 · 0.31%
2023$106,242 · 0.34%
2022$94,816 · 0.32%
Similar plansConstruction · Florida
Mattamy Homes Corporation FL$56.5M · 0.37%
The de Moya Group, Inc. FL$44.4M · 0.22%
Anderson Columbia Co., Inc. FL$44.3M · 0.76%
Nc Employment Group, Inc. FL$37.0M · 0.30%
Lsp Holdco LLC FL$35.2M · 0.56%

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Source: U.S. Department of Labor, Form 5500 series, EIN 351035114 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.