Plan Ledger DOL Form 5500 · updated monthly

The Ashton Company, Inc. Contractors and Engineers401(k)

THE ASHTON COMPANY, INC. CONTRACTORS AND ENGINEERS 401(K) PROFIT SHARING PLAN AND TRUST AGREEMENT · TUCSON, AZ · plan year 2024

Reported admin expense ratio · 2024
0.14%

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

The Ashton Company, Inc. Contractors and Engineers reported $9,592 in plan administrative expenses for 2024: 0.14% of average plan assets, lower than ~75% of peers. Employer contributions averaged $829 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 0.02% to 0.14%. 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 Arizona (705th of 1,285), and 3,555th of 5,337 in construction. In 2024, employees put in $2.73 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$7,171,846
Participants with balances135
Active participants125
Employer contributions$103,633
Employee contributions$283,256
Employer contribution per active participant$829
Average account balance$53,125
Benefits paid to participants$460,671
Plan auditUnmodified (clean) audit opinion
AuditorMORRISON, CLARK AND COMPANY CPAS
Plan history3
Yearassets · accounts · employer contribution
2024$7.2M · 135 accts · $104K emplr
2023$6.5M · 143 accts · $58K emplr
2022$6.0M · 106 accts · $32K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$7,762
Trustee / custodial$1,830
Total administrative$9,592
The The Ashton Company, Inc. Contractors and Engineers 401(k) match · 2024
Employer contribution per active participant$829
Median for plans this size$1,313
2024$829 per active participant
2023$450 per active participant
2022$264 per active participant

The Ashton Company, Inc. Contractors and Engineers'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 · 20243
MILLIMAN · Recordkeeping · Loan processing$7,762
CHARLES SCHWAB TRUST BANK · Custodial (securities) · Trustee (directed)$1,830
CHARLES SCHWAB & CO., INC. · Custodial (securities)indirect comp

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$9,592 · 0.14%
2023$7,489 · 0.12%
2022$1,605 · 0.02%
Similar plansConstruction · Arizona
Mni Enterprises, Inc. AZ$7.6M · 0.39%
Truesdell Corporation AZ$7.2M · 0.88%
Adobe Drywall, L.L.C. AZ$7.1M · 0.54%
Fann Contracting, Inc. AZ$7.0M · 0.53%
Fnf Construction, Inc. AZ$7.0M · 0.80%

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Source: U.S. Department of Labor, Form 5500 series, EIN 860104787 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.