Plan Ledger DOL Form 5500 · updated monthly

Koetter Construction Inc401(k)

KOETTER CONSTRUCTION 401(K) RETIREMENT PLAN · FLOYDS KNOBS, IN · plan year 2024

Reported admin expense ratio · 2024
0.01%

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

Koetter Construction Inc reported $3,150 in plan administrative expenses for 2024: 0.01% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,167 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 0.00% to 0.01%. 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 398th-largest of 1,562 plans among Indiana employers on file, and the 1,417th of 5,337 in construction. In 2024, employees put in $2.23 for every $1.00 the employer contributed; active participation has grown from 127 to 161 since 2022.

Plan summary
Net assets, end of year$33,467,242
Participants with balances232
Active participants161
Employer contributions$348,904
Employee contributions$777,592
Employer contribution per active participant$2,167
Average account balance$144,255
Benefits paid to participants$2,684,971
Plan auditUnmodified (clean) audit opinion
AuditorCHERRY BEKAERT ADVISORY LLC
Plan history3
Yearassets · accounts · employer contribution
2024$33.5M · 232 accts · $349K emplr
2023$30.9M · 209 accts · $349K emplr
2022$25.2M · 206 accts · $541K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$3,150
Total administrative$3,150
The Koetter Construction Inc 401(k) match · 2024
Employer contribution per active participant$2,167
Median for plans this size$2,416
2024$2,167 per active participant
2023$2,688 per active participant
2022$4,258 per active participant

Koetter Construction Inc'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 · 20241
STANCORP FINANCIAL GROUP · Claims processing · Recordkeeping$67,930

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$3,150 · 0.01%
2023$1,170 · 0.00%
2022$1,040 · 0.00%
Same employer
Similar plansConstruction · Indiana
Wilhelm Construction, Inc. IN$42.7M · 0.19%
Fbi Buildings, Inc. IN$35.6M · 0.16%
Adkev, Inc. IN$33.5M · 0.39%
Votaw Electric, Inc. IN$29.3M · 0.00%
Koetter Woodworking, Inc. IN$28.4M · 0.27%
Electricom LLC IN$26.5M · 0.29%

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Source: U.S. Department of Labor, Form 5500 series, EIN 351132185 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.