Plan Ledger DOL Form 5500 · updated monthly

Terrafirma Foundation Repair, In401(k)

TERRA FIRMA FOUNDATION REPAIR, INC. RETIREMENT SAVINGS PLAN · ROSEBURG, OR · plan year 2024

Reported admin expense ratio · 2024
1.07%

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

Terrafirma Foundation Repair, In reported $41,777 in plan administrative expenses for 2024: 1.07% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,277 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 1.070%. 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 (785th of 1,021), and 4,137th of 5,337 in construction. In 2024, employees put in $2.55 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$4,328,818
Participants with balances177
Active participants165
Employer contributions$210,708
Employee contributions$537,829
Employer contribution per active participant$1,277
Average account balance$24,457
Benefits paid to participants$359,407
Plan auditUnmodified (clean) audit opinion
AuditorBVAL CPAS & ADVISORS LLP
Plan history3
Yearassets · accounts · employer contribution
2024$4.3M · 177 accts · $211K emplr
2023$3.5M · 166 accts · $178K emplr
2022$2.9M · 152 accts · $215K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$6,087
Investment management$35,690
Total administrative$41,777
The Terrafirma Foundation Repair, In 401(k) match · 2024
Employer contribution per active participant$1,277
Median for plans this size$1,313
2024$1,277 per active participant
2023$1,212 per active participant
2022$1,187 per active participant

Terrafirma Foundation Repair, In's 2024 employer contribution ran below the $1,313 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
ADP, INC. · Loan processing · Recordkeeping$26,734
INDEPENDENT FINANCIAL GROUP, LLC · Recordkeeping · Trustee$15,042

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

Recordkeeper by year2
2024ADP, INDEPENDENT FINANCIAL GROUP, LLC
2023ADP, INDEPENDENT FINANCIAL GROUP, LLC

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

Administrative cost history3
2024$41,777 · 1.07%
2023$33,834 · 1.06%
2022$33,145 · 1.07%
Same employer
Similar plansConstruction · Oregon
Neil Kelly Company, Inc. OR$6.0M · 0.91%
Sound Security, Inc. OR$5.8M · 0.68%
D & H Flagging, Inc. OR$4.1M · 0.14%
Gelco Construction Co. OR$3.4M · 0.68%

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Source: U.S. Department of Labor, Form 5500 series, EIN 205905655 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.