Plan Ledger DOL Form 5500 · updated monthly

Unlimited Construction Services Inc.Profit-sharing plan

UNLIMITED CONSTRUCTION SERVICES INC 401(K) PROFIT SHARING PLAN · LIHUE, HI · plan year 2024

Reported admin expense ratio · 2024
0.42%

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

Unlimited Construction Services Inc. reported $57,907 in plan administrative expenses for 2024: 0.42% of average plan assets, above the peer median. Employer contributions averaged $3,324 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 4 years on file its reported administrative ratio fell from 0.65% to 0.42%. 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 Hawaii (136th of 269), and the 2,534th of 5,337 in construction. In 2024, employees put in $1.60 for every $1.00 the employer contributed; active participation has grown from 76 to 139 since 2020.

Plan summary
Net assets, end of year$14,390,412
Participants with balances344
Active participants139
Employer contributions$462,085
Employee contributions$739,136
Employer contribution per active participant$3,324
Average account balance$41,833
Benefits paid to participants$1,733,225
Plan auditUnmodified (clean) audit opinion
Plan history5
Yearassets · accounts · employer contribution
2024$14.4M · 344 accts · $462K emplr
2023$13.0M · 326 accts · $515K emplr
2022$9.9M · 252 accts · $449K emplr
2021$11.7M · 207 accts · $386K emplr
2020$9.5M · 151 accts · $333K emplr
Administrative expenses, itemized · 2024
Investment management$57,907
Total administrative$57,907
Employer contributions to the Unlimited Construction Services Inc. plan · 2024
Employer contribution per active participant$3,324
Median for plans this size$2,416
2024$3,324 per active participant
2023$4,516 per active participant
2022$4,449 per active participant
2021$4,243 per active participant
2020$4,376 per active participant

Unlimited Construction Services Inc.'s 2024 employer contribution ran above the $2,416 median for plans its size. 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 · 20245
TRANSAMERICA RETIREMENT SOLUTIONS, · Recordkeeping · Loan processing$4,356
HUNNEX AND SHOEMAKER, INC. · Recordkeeping · Loan processing$4,150
FINANCIAL ADVOCATES INVESTMENT MAN · Investment advisory (plan)$46,960
FINANCIAL ADVOCATES INVESTMENT · Securities brokerage$2,773
CHARLES SCHWAB & CO., INC. · Securities brokerage$8

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

Recordkeeper by year2
2024HUNNEX AND SHOEMAKER, INC., Transamerica
2023HUNNEX AND SHOEMAKER, INC., Transamerica

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Administrative cost history5
2024$57,907 · 0.42%
2023$42,770 · 0.37%
2022$38,161 · 0.35%
2021$37,700 · 0.36%
2020$55,484 · 0.65%
Similar plansConstruction · Hawaii
Alexander & Baldwin, Inc. HI$28.3M · 0.09%
American Workboats, Inc. HI$12.4M · 0.65%
Alert Holdings Group, LLC HI$5.0M · 0.04%

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Source: U.S. Department of Labor, Form 5500 series, EIN 990284837 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.