Plan Ledger DOL Form 5500 · updated monthly

Tioga Construction Co., Inc.Profit-sharing plan

EMPIRE STATE HIGHWAY CONTRACTORS ASSOCIATION, INC RETIREMENT PLAN FOR THE EMPLOYEES OF TIOGA CONSTRUCTION CO., INC. · HERKIMER, NY · plan year 2023

Reported admin expense ratio · 2023
0.28%

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

Tioga Construction Co., Inc. reported $75,878 in plan administrative expenses for 2023: 0.28% of average plan assets, above the peer median. Employer contributions averaged $20,686 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 0.29% to 0.25%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other construction employers. By assets it is the 2,027th-largest of 5,648 plans among New York employers on file, and the 1,585th of 5,337 in construction.

Plan summary
Net assets, end of year$28,481,696
Participants with balances130
Active participants80
Employer contributions$1,654,882
Employee contributions—
Employer contribution per active participant$20,686
Average account balance$219,090
Benefits paid to participants$1,648,522
Plan auditUnmodified (clean) audit opinion
AuditorFIRLEY, MORAN, FREER & EASSA CPA PC
Plan history3
Yearassets · accounts · employer contribution
2024$28.3M · 132 accts · $1.7M emplr
2023$28.5M · 130 accts · $1.7M emplr
2022$25.3M · 134 accts · $1.7M emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$59,577
Audit (IQPA)$14,641
Total administrative$75,878
Employer contributions to the Tioga Construction Co., Inc. plan · 2023
Employer contribution per active participant$20,686
Median for plans this size$2,440
2024$19,330 per active participant
2023$20,686 per active participant
2022$21,736 per active participant

Tioga Construction Co., Inc.'s 2023 employer contribution ran above the $2,440 median for plans its size, placing it in the top 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20232
MILLIMAN, INC. · Actuarial · Recordkeeping$24,974
FIRLEY,MORAN,FREER & EASSA,CPA P.C. · Accounting / audit$14,641

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

Recordkeeper by year2
2024Milliman
2023Milliman

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

Administrative cost history3
2024$70,946 · 0.25%
2023$75,878 · 0.28%
2022$82,203 · 0.29%
Same employer
Similar plansConstruction · New York
Luck Brothers, Inc. NY$31.1M · 0.51%
Holt Construction Corp. NY$27.3M · 0.05%
Urban Atelier Group, LLC NY$26.8M · 0.03%
Contractor Services Co. NY$26.6M · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 161221337 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.