Plan Ledger DOL Form 5500 · updated monthly

Weaver Cooke Construction, LLC401(k)

WEAVER COOKE CONSTRUCTION, LLC PROFIT SHARING/401(K) PLAN · GREENSBORO, NC · plan year 2023

Reported admin expense ratio · 2023
0.53%

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

Weaver Cooke Construction, LLC reported $59,892 in plan administrative expenses for 2023: 0.53% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,704 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 1 year on file its reported administrative ratio fell from 0.61% to 0.53%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other construction employers. By assets it is the 989th-largest of 2,005 plans among North Carolina employers on file, and 2,749th of 5,337 in construction. In 2023, employees put in $2.98 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$12,432,090
Participants with balances140
Active participants118
Employer contributions$319,018
Employee contributions$950,115
Employer contribution per active participant$2,704
Average account balance$88,801
Benefits paid to participants$588,208
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2023$12.4M · 140 accts · $319K emplr
2022$10.2M · 136 accts · $264K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$20,364
Investment management$29,291
Audit (IQPA)$10,237
Total administrative$59,892
The Weaver Cooke Construction, LLC 401(k) match · 2023
Employer contribution per active participant$2,704
Median for plans this size$2,440
2023$2,704 per active participant
2022$2,338 per active participant

Weaver Cooke Construction, LLC's 2023 employer contribution ran above the $2,440 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20235
MMA SECURITIES LLC · Investment advisory (plan)$15,248
LPL FINANCIAL · Investment advisory (plan)$14,041
BKD LLP · Accounting / audit · Contract administrator$10,238
EMPOWER ADVISORY GROUP, LLC · Investment management$3

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

Administrative cost history2
2023$59,892 · 0.53%
2022$69,101 · 0.61%
Same employer
Similar plansConstruction · North Carolina
Trc Acquisition, LLC NC$13.4M · 0.49%
Blue Ridge Companies, Inc. NC$13.0M · 0.28%
Blythe Development Co NC$12.9M · 0.06%
Dellinger, Inc. NC$12.8M · 0.21%
Seegars Fence Company, Inc. NC$12.3M · 0.83%
Griffin Masonry, Inc. NC$12.0M · 0.11%

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Source: U.S. Department of Labor, Form 5500 series, EIN 561992075 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.