Plan Ledger DOL Form 5500 · updated monthly

Warfel Construction Company401(k)

WARFEL CONSTRUCTION COMPANY PROFIT SHARING PLAN · EAST PETERSBURG, PA · plan year 2024

Reported admin expense ratio · 2024
0.48%

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

Warfel Construction Company reported $82,280 in plan administrative expenses for 2024: 0.48% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,273 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 0.44% to 0.48%. 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 1,609th-largest of 3,651 plans among Pennsylvania employers on file, and the 2,146th of 5,337 in construction. In 2024, employees put in $2.75 for every $1.00 the employer contributed; active participation has grown from 197 to 262 since 2022.

Plan summary
Net assets, end of year$18,502,649
Participants with balances311
Active participants262
Employer contributions$595,560
Employee contributions$1,637,403
Employer contribution per active participant$2,273
Average account balance$59,494
Benefits paid to participants$2,508,739
Plan auditUnmodified (clean) audit opinion
AuditorTROUT CPA
Plan history3
Yearassets · accounts · employer contribution
2024$18.5M · 311 accts · $596K emplr
2023$15.9M · 284 accts · $497K emplr
2022$12.4M · 226 accts · $358K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$32,769
Investment management$49,511
Total administrative$82,280
The Warfel Construction Company 401(k) match · 2024
Employer contribution per active participant$2,273
Median for plans this size$2,416
2024$2,273 per active participant
2023$2,081 per active participant
2022$1,817 per active participant

Warfel Construction Company's 2024 employer contribution ran below 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
CAPITAL GROUP RETIREMENT PLAN SVCS. · Trustee (directed) · Other services$32,769
MASTERS ADVISORS INC · Investment advisory (plan)$26,645
SECURITIES AMERICA ADVISORS INC · Investment advisory (plan)$22,866

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$82,280 · 0.48%
2023$63,316 · 0.45%
2022$58,484 · 0.44%
Same employer
Similar plansConstruction · Pennsylvania
Liberty Excavators, Inc. PA$18.9M · 0.57%
W.G. Tomko, Incorporated PA$18.8M · 0.33%
Rycon Holdings, Inc. PA$18.8M · 0.05%
Glasgow, Inc. PA$18.5M · 0.01%
James Craft & Son, Inc. PA$18.4M · 0.09%
Klover Sepa Inc. PA$17.9M · 0.47%

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Source: U.S. Department of Labor, Form 5500 series, EIN 232808789 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.