Plan Ledger DOL Form 5500 · updated monthly

Vallencourt Construction Company, Inc.401(k)

VALLENCOURT CONSTRUCTION COMPANY, INC. 401(K) PROFIT SHARING PLAN · GREEN COVE SPRINGS, FL · plan year 2024

Reported admin expense ratio · 2024
1.17%

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

Vallencourt Construction Company, Inc. reported $56,211 in plan administrative expenses for 2024: 1.17% of average plan assets, higher than ~75% of peers. Employer contributions averaged $350 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 rose from 0.95% to 1.17%. 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 Florida (2,429th of 3,644), and 3,915th of 5,337 in construction. In 2024, employees put in $4.22 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$5,331,532
Participants with balances131
Active participants394
Employer contributions$137,778
Employee contributions$581,297
Employer contribution per active participant$350
Average account balance$40,699
Benefits paid to participants$159,796
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$5.3M · 131 accts · $138K emplr
2023$4.3M · 123 accts · $106K emplr
2022$3.7M · 108 accts · $89K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$33,555
Investment management$22,071
Total administrative$56,211
The Vallencourt Construction Company, Inc. 401(k) match · 2024
Employer contribution per active participant$350
Median for plans this size$1,313
2024$350 per active participant
2023$290 per active participant
2022$229 per active participant

Vallencourt Construction Company, Inc.'s 2024 employer contribution ran below the $1,313 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20243
EMPOWER ANNUITY INSURANCE CO · Recordkeeping · Insurance services$29,955
MERRILL LYNCH, PIERCE, FENNER · Investment advisory (plan)$22,071
RETIREMENT SOLUTIONS SPECIALISTS · Contract administrator$3,600

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

Recordkeeper by year2
2024Empower
2023Empower

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$56,211 · 1.17%
2023$25,935 · 0.65%
2022$35,913 · 0.95%
Same employer
Similar plansConstruction · Florida
Service Minds, LLC FL$5.6M · 1.75%
Edd Helms Group Inc. FL$5.1M · 0.48%

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Source: U.S. Department of Labor, Form 5500 series, EIN 592469052 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.