Rycon Construction 401(K) Plan — Form 5500 plan (Rycon Construction, Inc.)

Plain-English plan summary

According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, Rycon Construction 401(K) Plan is a benefit plan reported by Rycon Construction, Inc. under EIN 25-1601544 and plan number 001. The latest loaded filing year is 2023. The filing reports 569 participants and $28,353,270 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$28.4MPlan net assets, end of year$28,353,270
Participants569Covered participants reported
Assets / participant$49.8KComputed: assets ÷ participants$49,830 (computed)
Provider compensation$11K2 Schedule C provider row(s)$10,953
Plan sponsor
Rycon Construction, Inc.
EIN
25-1601544
Plan number
001
Plan type
2
Location
Pittsburgh, PA
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023569H, C20240812081038NAL0005077347001
Schedule H · 2023

Reported financial statement

Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.

Reported balance (end of year)$28.4M total assets
Net assets$28.4MLiabilities$0
Money in vs. money out
Total income / additions$9.1M
Total expenses$2.6M
Benefits paid / distributions$2.5M
Contributions
Employer$809.8K
Participant$3.3M
Full reported line items

Net assets

Total assets (EOY)
$28,353,270
Total liabilities (EOY)
$0
Net assets (EOY)
$28,353,270
Net assets (BOY)
$21,814,507

Income & contributions

Employer contributions
$809,767
Participant contributions
$3,327,567
Total contributions
$4,867,945
Total income / additions
$9,091,546

Expenses & distributions

Benefits paid
$2,546,067
Administrative expenses
$6,716
Total expenses
$2,552,783
Net increase / (decrease)
$6,538,763
Computed from reported fields

Reported ratios

Derived only from this plan's own reported figures — comparisons within the filing, not benchmarks, estimates, or national averages.

Contribution share (employer vs. participant)
Employer 20%Participant 80%
Total expenses ÷ net assets9%Computed ratio
Benefits paid ÷ total income28%Computed ratio
Provider comp. ÷ net assets0%Computed ratio

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Empower Advisory Group, LLCINVESTMENT MGMT$8,081not reported in the loaded dataset2023
Empower Annuity Insurance Company ORECORDKEEPER$2,872$02023

Related Form 5500 pages