Plan Ledger DOL Form 5500 · updated monthly

William H. Metcalfe and Sons, Inc.401(k)

WILLIAM H. METCALFE & SONS, INC. EMPLOYEES' 401(K) PLAN · CLINTON, MD · plan year 2023

Reported admin expense ratio · 2023
0.25%

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

William H. Metcalfe and Sons, Inc. reported $25,460 in plan administrative expenses for 2023: 0.25% of average plan assets, below the peer median. Employer contributions averaged $412 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 has held roughly steady near 0.250%. 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 among the smaller plans on file in Maryland (941st of 1,671), and 2,936th of 5,337 in construction. In 2023, employees put in $4.50 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$11,137,265
Participants with balances99
Active participants142
Employer contributions$58,561
Employee contributions$263,320
Employer contribution per active participant$412
Average account balance$112,498
Benefits paid to participants$1,000,568
Plan auditUnmodified (clean) audit opinion
AuditorSARFINO AND RHOADES, LLP
Plan history2
Yearassets · accounts · employer contribution
2023$11.1M · 99 accts · $59K emplr
2022$9.2M · 100 accts · $54K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$25,460
Total administrative$25,460
The William H. Metcalfe and Sons, Inc. 401(k) match · 2023
Employer contribution per active participant$412
Median for plans this size$2,440
2023$412 per active participant
2022$389 per active participant

William H. Metcalfe and Sons, Inc.'s 2023 employer contribution ran below the $2,440 median for plans its size, in the bottom 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history2
2023$25,460 · 0.25%
2022$22,536 · 0.25%
Same employer
Similar plansConstruction · Maryland
Tricon Construction, Inc. MD$11.3M · 0.00%
M. T. Laney Company, Inc. MD$11.2M · 0.49%
W.M. Schlosser Co., Inc. MD$10.9M · 0.20%
Miller Refrigeration, Inc. MD$10.8M · 0.48%
Ben Lewis Plumbing MD$10.7M · 0.55%

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Source: U.S. Department of Labor, Form 5500 series, EIN 520819008 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.