Plan Ledger DOL Form 5500 · updated monthly

Tricon Construction, Inc.ESOP

TRICON CONSTRUCTION, INC. EMPLOYEE STOCK OWNERSHIP PLAN · CROFTON, MD · plan year 2024

Reported admin expense ratio · 2024
0.00%

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

Tricon Construction, Inc. reported $27 in plan administrative expenses for 2024: 0.00% of average plan assets, lower than ~75% of peers. Employer contributions averaged $6,260 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 $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 Maryland (933rd of 1,671), and 2,914th of 5,337 in construction.

Plan summary
Net assets, end of year$11,334,589
Participants with balances211
Active participants118
Employer contributions$738,694
Employee contributions—
Employer contribution per active participant$6,260
Average account balance$53,718
Benefits paid to participants$320,418
Plan auditUnmodified (clean) audit opinion
AuditorAPRIO
Plan history3
Yearassets · accounts · employer contribution
2024$11.3M · 211 accts · $739K emplr
2023$8.8M · 221 accts · $473K emplr
2022$7.3M · 236 accts · $269K emplr
Administrative expenses, itemized · 2024
Investment management$27
Total administrative$27
Employer contributions to the Tricon Construction, Inc. plan · 2024
Employer contribution per active participant$6,260
Median for plans this size$2,416
2024$6,260 per active participant
2023$4,224 per active participant
2022$2,071 per active participant

Tricon Construction, Inc.'s 2024 employer contribution ran above the $2,416 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.

Administrative cost history3
2024$27 · 0.00%
2023Not separately reported
2022Not separately reported
All plans at this employer2
TRICON CONSTRUCTION, INC. 401K SALARY REDUCTION PLAN & TRUST401(k)
TRICON CONSTRUCTION, INC. EMPLOYEE STOCK OWNERSHIP PLANESOP
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Cole Roofing Co., Inc. MD$12.1M · 0.37%
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M. T. Laney Company, Inc. MD$11.2M · 0.49%
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Source: U.S. Department of Labor, Form 5500 series, EIN 521792191 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.