Plan Ledger DOL Form 5500 · updated monthly

Triton Construction Company, LLC401(k)

TRITON CONSTRUCTION 401K PLAN · NEW YORK, NY · plan year 2024

Reported admin expense ratio · 2024
0.00%

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

Triton Construction Company, LLC reported $150 in plan administrative expenses for 2024: 0.00% of average plan assets, lower than ~75% of peers. Employer contributions averaged $6,248 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 0.001% to 0.001%. 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 the 1,896th-largest of 5,648 plans among New York employers on file, and the 1,488th of 5,337 in construction. In 2024, employees put in $1.87 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$31,282,088
Participants with balances104
Active participants114
Employer contributions$712,276
Employee contributions$1,333,137
Employer contribution per active participant$6,248
Average account balance$300,789
Benefits paid to participants$1,103,606
Plan auditUnmodified (clean) audit opinion
AuditorGRASSI & CO.
Plan history3
Yearassets · accounts · employer contribution
2024$31.3M · 104 accts · $712K emplr
2023$24.3M · 105 accts · $552K emplr
2022$17.7M · 100 accts · $461K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$150
Total administrative$150
The Triton Construction Company, LLC 401(k) match · 2024
Employer contribution per active participant$6,248
Median for plans this size$2,416
2024$6,248 per active participant
2023$4,638 per active participant
2022$3,871 per active participant

Triton Construction Company, LLC'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.

Service providers · 20241
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$150

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$150 · 0.00%
2023$750 · 0.00%
2022$250 · 0.00%
Similar plansConstruction · New York
The Landtek Group, Inc. NY$31.9M · 1.03%
Sciame Construction, LLC NY$31.3M · 0.02%
Luck Brothers, Inc. NY$31.1M · 0.51%

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Source: U.S. Department of Labor, Form 5500 series, EIN 134204629 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.