Plan Ledger DOL Form 5500 · updated monthly

Tucker Paving, Inc.401(k)

TUCKER PAVING, INC. 401(K) PLAN · WINTER HAVEN, FL · plan year 2023

Reported admin expense ratio · 2023
1.13%

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

Tucker Paving, Inc. reported $35,476 in plan administrative expenses for 2023: 1.13% of average plan assets, higher than ~75% of peers. Employer contributions averaged $450 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 1 year on file its reported administrative ratio rose from 0.99% to 1.13%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in Florida (2,807th of 3,644), and 4,398th of 5,337 in construction. In 2023, employees put in $3.20 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$3,443,470
Participants with balances70
Active participants164
Employer contributions$73,734
Employee contributions$236,202
Employer contribution per active participant$450
Average account balance$49,192
Benefits paid to participants$163,502
Plan auditUnmodified (clean) audit opinion
AuditorPURVIS GRAY & COMPANY, LLP
Plan history2
Yearassets · accounts · employer contribution
2023$3.4M · 70 accts · $74K emplr
2022$2.8M · 65 accts · $85K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$35,476
Total administrative$35,476
The Tucker Paving, Inc. 401(k) match · 2023
Employer contribution per active participant$450
Median for plans this size$1,308
2023$450 per active participant
2022$718 per active participant

Tucker Paving, Inc.'s 2023 employer contribution ran below the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20233
UBS FINANCIAL SERVICES INC · Investment advisory (plan)$13,578
MARTIN, MARTIN, RANDALL & ASSOC. · Contract administrator$5,860

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

Administrative cost history2
2023$35,476 · 1.13%
2022$30,841 · 0.99%
Similar plansConstruction · Florida
Acme Barricades, L.C. FL$3.5M · 1.04%
The Nassal Company FL$3.4M · 0.53%
Generx Generators, LLC FL$3.3M · 0.93%

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Source: U.S. Department of Labor, Form 5500 series, EIN 593315987 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.