Plan Ledger DOL Form 5500 · updated monthly

Villager Construction, Inc.401(k)

VILLAGER CONSTRUCTION, INC. PREVAILING WAGE RATE AND 401(K) RETIREMENT PLAN · FAIRPORT, NY · plan year 2024

Reported admin expense ratio · 2024
0.27%

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

Villager Construction, Inc. reported $49,502 in plan administrative expenses for 2024: 0.27% of average plan assets, below the peer median. Employer contributions averaged $4,076 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 0.25% to 0.27%. 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 2,552nd-largest of 5,648 plans among New York employers on file, and the 2,036th of 5,337 in construction. In 2024, employees put in $1.15 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$19,696,767
Participants with balances257
Active participants238
Employer contributions$970,002
Employee contributions$1,111,950
Employer contribution per active participant$4,076
Average account balance$76,641
Benefits paid to participants$2,412,103
Plan auditUnmodified (clean) audit opinion
AuditorRDG & PARTNERS, CPAS, PLLC
Plan history3
Yearassets · accounts · employer contribution
2024$19.7M · 257 accts · $970K emplr
2023$17.0M · 237 accts · $796K emplr
2022$14.0M · 233 accts · $459K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$49,502
Total administrative$49,502
The Villager Construction, Inc. 401(k) match · 2024
Employer contribution per active participant$4,076
Median for plans this size$2,416
2024$4,076 per active participant
2023$3,288 per active participant
2022$2,032 per active participant

Villager Construction, 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 · 20243
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator$47,195
MODERN WEALTH HOLDINGS, LLC · Contract administrator · Investment advisory (plan)$2,006
LPL FINANCIAL LLC · Investment advisory (plan)indirect comp

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$49,502 · 0.27%
2023$40,036 · 0.26%
2022$37,712 · 0.25%
Same employer
Similar plansConstruction · New York
Tritech Communications, Inc NY$20.5M · 0.53%
Purcell Construction Corp. NY$19.8M · 0.44%
Par Plumbing Co., Inc. NY$19.2M · 0.03%

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Source: U.S. Department of Labor, Form 5500 series, EIN 161146699 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.