Plan Ledger DOL Form 5500 · updated monthly

Warco Construction, Inc.401(k)

WARCO RETIREMENT PLAN · CHARLOTTE, NC · plan year 2025

Reported admin expense ratio · 2025
0.21%

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

Warco Construction, Inc. reported $42,779 in plan administrative expenses for 2025: 0.21% of average plan assets, below the peer median. Employer contributions averaged $3,745 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 3 years on file its reported administrative ratio rose from 0.16% to 0.21%. The plan sits in the $10M–$50M size bracket, benchmarked here against 1,620 comparable plans and shown alongside other construction employers. By assets it is the 689th-largest of 2,005 plans among North Carolina employers on file, and the 1,888th of 5,337 in construction. In 2025, employees put in $1.95 for every $1.00 the employer contributed; active participation has grown from 138 to 165 since 2022.

Plan summary
Net assets, end of year$22,066,829
Participants with balances211
Active participants165
Employer contributions$617,929
Employee contributions$1,202,254
Employer contribution per active participant$3,745
Average account balance$104,582
Benefits paid to participants$2,332,395
Plan auditUnmodified (clean) audit opinion
Plan history4
Yearassets · accounts · employer contribution
2025$22.1M · 211 accts · $618K emplr
2024$19.5M · 202 accts · $592K emplr
2023$16.4M · 196 accts · $600K emplr
2022$13.1M · 185 accts · $472K emplr
Administrative expenses, itemized · 2025
Recordkeeping & contract admin$3,918
Investment management$38,861
Total administrative$42,779
The Warco Construction, Inc. 401(k) match · 2025
Employer contribution per active participant$3,745
Median for plans this size$2,666
2025$3,745 per active participant
2024$3,420 per active participant
2023$4,170 per active participant
2022$3,424 per active participant

Warco Construction, Inc.'s 2025 employer contribution ran above the $2,666 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 2025 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20252
AMERIPRISE FINANCIAL SERVICES INC · Investment advisory (plan)$38,861

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

Administrative cost history4
2025$42,779 · 0.21%
2024$28,752 · 0.16%
2023$22,083 · 0.15%
2022$21,623 · 0.16%
Same employer
Similar plansConstruction · North Carolina
True Homes, LLC NC$24.3M · 0.53%
Mechanical Contractors, LLC NC$21.8M · 0.26%
Keith & Keith, LTD. NC$21.2M · 0.43%
Hepaco LLC NC$19.9M · 0.80%

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Source: U.S. Department of Labor, Form 5500 series, EIN 561477783 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.