Consigli Construction Co., Inc. 401(k) Review & Grade
Consigli Construction Co., Inc. Profit Sharing/401(k) Plan and Trust
Milford, MAConstruction1,560 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$4,133Employer $ per active participant
$11,549Employee $ saved per active participant
0.06%Direct admin cost, % of plan assets
$225.1MNet plan assets, end of year
$124,048Average balance per account
Score breakdown
- Employer generosity42.9 / 5086th percentile for employer $ per participant
- Low cost20.8 / 2583th percentile for low admin cost vs. same-size plans
- Employee saving14.5 / 1597th percentile for employee $ per participant
- Plan features3 / 10Default investment
- Red-flag deductions-10 pts1 issue reported on the filing
Total score71 / 100 · Grade B
This plan vs. peers
Peers: Construction plans with 500–2,499 active participants (498 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 86th |
| Lower admin cost | 83th |
| Employee saving | 97th |
| Peers that auto-enroll | 44% |
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Red flags from the filing
Late deposits: the filing says some employee contributions were not sent to the plan on time ($5,861 reported). That's money taken from paychecks that sat with the employer longer than the law allows.
What to do if you're in this plan
- Consigli Construction Co. put in about $4,133 per active participant, more than the typical peer ($1,672). Contribute at least enough to collect the full match. Skipping it leaves part of your pay on the table.
- The filing shows total dollars, not the match formula. Ask HR for the Summary Plan Description so you know the exact match and vesting schedule.
- Fund expense ratios aren't in the filing. Look them up in your 404(a)(5) fee disclosure and favor low-cost index or target-date funds.
- The plan reported late deposits of employee contributions. Compare your pay stubs with your account statements, and contact the plan administrator if money shows up late.
- Changing jobs? You can usually leave the money in the plan, move it to your new employer's plan, or roll it into an IRA. Don't cash out: you'd owe taxes and possibly a 10% penalty.
The raw numbers from the filing
| Employer contributions | $6,449,608 |
| Participant (employee) contributions | $18,022,923 |
| Other contributions (incl. rollovers in) | $20,267,943 |
| Administrative expenses paid from the plan | $124,739 |
| Benefits paid out | $10,828,769 |
| Net assets, start / end of year | $165.4M / $225.1M |
| Active participants, start / end of year | 1,313 / 1,808 |
| Participants with account balances | 1,815 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Caron & Bletzer, PLLC |
Largest service providers (Schedule C)
| Fidelity Investments Institutional | $117,708 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20250618152110NAL0001471779001, received 2025-06-18, EIN 04-2088291, plan #002, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.