Plan Ledger DOL Form 5500 · updated monthly

Venture Construction CompanyESOP

VENTURE CONSTRUCTION COMPANY EMPLOYEE STOCK OWNERSHIP PLAN · NORCROSS, GA · plan year 2024

Reported admin expense ratio · 2024
0.00%

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

Venture Construction Company reported $2,465 in plan administrative expenses for 2024: 0.00% of average plan assets, lower than ~75% of peers. Employer contributions averaged $13,972 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 0.002% to 0.004%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other construction employers. By assets it is the 346th-largest of 2,160 plans among Georgia employers on file, and the 782nd of 5,337 in construction.

Plan summary
Net assets, end of year$75,066,241
Participants with balances242
Active participants212
Employer contributions$2,962,152
Employee contributions—
Employer contribution per active participant$13,972
Average account balance$310,191
Benefits paid to participants$1,458,498
Plan auditUnmodified (clean) audit opinion
AuditorMJCO, LLC
Plan history3
Yearassets · accounts · employer contribution
2024$75.1M · 242 accts · $3.0M emplr
2023$55.5M · 248 accts · $1.8M emplr
2022$51.0M · 249 accts · $1.2M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$2,465
Total administrative$2,465
Employer contributions to the Venture Construction Company plan · 2024
Employer contribution per active participant$13,972
Median for plans this size$3,635
2024$13,972 per active participant
2023$8,418 per active participant
2022$5,430 per active participant

Venture Construction Company's 2024 employer contribution ran above the $3,635 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$2,465 · 0.00%
2023$720 · 0.00%
2022$960 · 0.00%
All plans at this employer2
VENTURE CONSTRUCTION COMPANY PROFIT SHARING PLAN AND TRUST401(k)
VENTURE CONSTRUCTION COMPANY EMPLOYEE STOCK OWNERSHIP PLANESOP
Same employer
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Source: U.S. Department of Labor, Form 5500 series, EIN 581077028 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.