Plan Ledger DOL Form 5500 · updated monthly

Timberline Construction Corp.401(k)

TIMBERLINE CONSTRUCTION CORP. 401(K) PLAN · CANTON, MA · plan year 2024

Reported admin expense ratio · 2024
0.10%

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

Timberline Construction Corp. reported $13,688 in plan administrative expenses for 2024: 0.10% of average plan assets, lower than ~75% of peers. Employer contributions averaged $4,022 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 0.36% to 0.10%. 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 among the smaller plans on file in Massachusetts (1,555th of 2,726), and the 2,497th of 5,337 in construction. In 2024, employees put in $2.76 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$14,741,393
Participants with balances217
Active participants157
Employer contributions$631,483
Employee contributions$1,741,369
Employer contribution per active participant$4,022
Average account balance$67,933
Benefits paid to participants$1,778,319
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$14.7M · 217 accts · $631K emplr
2023$12.2M · 226 accts · $558K emplr
2022$9.2M · 200 accts · $498K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$3,620
Investment management$10,068
Total administrative$13,688
The Timberline Construction Corp. 401(k) match · 2024
Employer contribution per active participant$4,022
Median for plans this size$2,416
2024$4,022 per active participant
2023$3,152 per active participant
2022$3,058 per active participant

Timberline Construction Corp.'s 2024 employer contribution ran above 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
PINNACLE PENSION CONSULTANTS LLC · Investment advisory (plan)$10,068
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$3,620

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$13,688 · 0.10%
2023$40,072 · 0.38%
2022$32,584 · 0.36%
Same employer
Similar plansConstruction · Massachusetts
Florence Electric, LLC MA$15.9M · 0.46%
Mas Building & Bridge, Inc. MA$15.4M · 0.65%
D'Allessandro Corp. MA$13.3M · 0.57%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 043454516 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.