Plan Ledger DOL Form 5500 · updated monthly

Triangle Contracting LLC401(k)

TRIANGLE CONTRACTING LLC 401K PLAN · FREDERICK, MD · plan year 2024

Reported admin expense ratio · 2024
2.03%

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

Triangle Contracting LLC reported $53,627 in plan administrative expenses for 2024: 2.03% of average plan assets, higher than ~90% of peers. Employer contributions averaged $2,866 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 18,840 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in Maryland (1,435th of 1,671), and 4,522nd of 5,337 in construction. In 2024, the employer put in $1.06 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$3,018,094
Participants with balances149
Active participants101
Employer contributions$289,419
Employee contributions$274,109
Employer contribution per active participant$2,866
Average account balance$20,256
Benefits paid to participants$98,239
Plan auditUnmodified (clean) audit opinion
AuditorBPS & ASSOCIATES, LLC
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$20,357
Investment management$33,270
Total administrative$53,627
The Triangle Contracting LLC 401(k) match · 2024
Employer contribution per active participant$2,866
Median for plans this size$1,313

Triangle Contracting LLC's 2024 employer contribution ran above the $1,313 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20244
PEAK INVESTMENT ADVISORS INC$24,173
DAVIS BACON PENSION PLANS INC$12,335

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

Administrative cost history1
2024$53,627 · 2.03%
Similar plansConstruction · Maryland
Reliant Drywall MD$3.3M · 0.23%
Solar Energy World, LLC MD$3.2M · 0.90%
Capitol Drywall, Inc. MD$3.0M · 0.02%
Seh Excavating, Inc. MD$3.0M · 0.30%

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Source: U.S. Department of Labor, Form 5500 series, EIN 454555409 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.