Plan Ledger DOL Form 5500 · updated monthly

The Quikrete Companies401(k)

THE QUIKRETE COMPANIES PROFIT SHARING AND TAX · ATLANTA, GA · plan year 2024

Reported admin expense ratio · 2024
0.20%

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

The Quikrete Companies reported $1,195,776 in plan administrative expenses for 2024: 0.20% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,542 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 fell from 0.25% to 0.20%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other manufacturing employers. By assets it is the 62nd-largest of 2,160 plans among Georgia employers on file, and the 486th of 13,661 in manufacturing. In 2024, employees put in $1.89 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$622,113,139
Participants with balances6,947
Active participants12,724
Employer contributions$19,622,311
Employee contributions$37,052,623
Employer contribution per active participant$1,542
Average account balance$89,551
Benefits paid to participants$55,663,326
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$622.1M · 6,947 accts · $19.6M emplr
2023$544.8M · 7,292 accts · $29.6M emplr
2022$372.5M · 6,361 accts · $9.9M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$735,186
Investment management$431,090
Total administrative$1,195,776
The The Quikrete Companies 401(k) match · 2024
Employer contribution per active participant$1,542
Median for plans this size$4,294
2024$1,542 per active participant
2023$2,371 per active participant
2022$820 per active participant

The Quikrete Companies's 2024 employer contribution ran below the $4,294 median for plans its size, in the bottom quarter of its peers. 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 · 20245
VOYA RETIREMENT ADVISORS, LLC · Investment advisory (participants)$271,759
MORGAN STANLEY GLOBAL BANKING OP$93,685
COHNREZNICK LLP$39,500
OGLETREE DEAKINS NASH SMOAK AND$22,301

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$1,195,776 · 0.20%
2023$1,183,076 · 0.26%
2022$1,046,661 · 0.25%
Similar plansManufacturing · Georgia
Flowers Foods, Inc. GA$959.4M · 0.10%
Agco Corporation GA$757.3M · 0.08%
J.M. Huber Corporation GA$713.6M · 0.13%
Southwire Company, LLC GA$506.0M · 0.16%
Rheem Manufacturing Company GA$469.1M · 0.17%
Printpack, Inc. GA$460.6M · 0.15%

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Source: U.S. Department of Labor, Form 5500 series, EIN 311683563 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.