Plan Ledger DOL Form 5500 · updated monthly

Tri-State Drywall, Inc.401(k)

TRI-STATE RETIREMENT SAVINGS PLAN · ROCKVILLE, MD · plan year 2022

Reported admin expense ratio · 2022
0.16%

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

Tri-State Drywall, Inc. reported $11,772 in plan administrative expenses for 2022: 0.16% of average plan assets, below the peer median. Employer contributions averaged $0 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in Maryland (1,236th of 1,671), and 3,848th of 5,337 in construction.

Plan summary
Net assets, end of year$5,671,722
Participants with balances76
Active participants97
Employer contributions$0
Employee contributions$194,703
Employer contribution per active participant$0
Average account balance$74,628
Benefits paid to participants$1,735,222
Plan auditUnmodified (clean) audit opinion
AuditorFAW, CASSON & CO., LLP
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$11,772
Total administrative$11,772
The Tri-State Drywall, Inc. 401(k) match · 2022
Employer contribution per active participant$0
Median for plans this size$1,114

Tri-State Drywall, Inc.'s 2022 employer contribution ran below the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$11,772 · 0.16%
Similar plansConstruction · Maryland
D & F Construction, Inc. MD$6.1M · 0.33%
Brawner Builders, Inc. MD$6.0M · 0.88%
Rolyn Companies, Inc. MD$5.8M · 0.03%
Ross Contracting Inc MD$5.5M · 0.69%
Nichols Contracting, Inc. MD$4.9M · 0.85%

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Source: U.S. Department of Labor, Form 5500 series, EIN 521080195 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.