Department of Labor filing

HGC CONSTRUCTION CO.

HGC 401(K) SAVINGS PLAN · For the plan year ended Dec 31, 2024

Public filing 2024 · received Oct 10, 2025Verified current terms Not available

Plan at a glance

How good does the filing look?

21filing comparison
out of 100

The filing trails many comparable plans on reported employer support and/or plan-paid administrative costs. This is a filing comparison, not a complete benefits score.

$Employer support

$1,246

Reported employer contributions per active participant.

Higher than about 16% of comparable plans

#People in the filing

309

Active participants reported for 2024.

The filing does not say how many employees are currently contributing.

¢Visible plan-paid fees

$301 / participant

Reported administrative expense—not every fee an employee may pay.

Lower cost than about 32% of comparable plans

↗Investment performance

Not available

Plan assets changed 16.8%, but that includes contributions, withdrawals, and market movement.

Asset change is not investment performance.

What we still need to judge the benefit

Current match formula, vesting, eligibility, investment choices, fund expense ratios, and employee-level fees.

See missing terms ↓

Filing comparison · 202421out of 100 among similar-size plans in the same industry when enough peers exist

How this filing compares

Reported employer contributions16th percentileTypical peer $2,706 · based on 577 comparable plans

Lower reported administrative expense32nd percentileTypical peer $229 · based on 583 comparable plans

This comparison uses historical filing figures. It does not compare current match formulas, vesting, investments, or employee fees.

The short version

What the latest filing tells us

For the plan year ended Dec 31, 2024, HGC CONSTRUCTION CO. reported $385,003 in employer contributions across the plan and 309 active participants. That works out to $1,246 per active participant. It is useful context, but it is not the current match formula and it does not show what any one employee received.

Participation proxy80%

Active participants divided by all end-of-year plan participants. This is not the company participation rate because the filing does not report every eligible employee.

Employer money trendUp 14.3%

Change in reported employer contribution per active participant across the filing history shown.

Expense trendUp 15.8%

Change in reported administrative expense per participant. Investment expenses may not be included.

Peer context21/100

A filing comparison among similar-size plans in the same industry when enough peers exist.

Where the public filing stops

Current match, vesting, eligibility, employee fees, and investment choices require a dated plan document. Until we have one, those details stay blank.

Latest financial record

Contributions, assets, and expenses

These figures are reported totals for the plan—not individual account balances or promises to any employee.

Employer contributions: $385,003
Participant contributions: $2,109,866
Other contributions: $356,637
Employer share of reported contributions: 15.4%
Beginning assets: $20,491,784
Ending assets: $23,936,253
Ending net assets: $23,936,253
Ending liabilities: $0
Total income: $5,920,027
Total expenses: $2,475,558
Administrative expenses: $110,617
Participant loans: $470,352

Three-year filing history

How the reported figures changed

Each chart uses its own scale and starts at zero. When the filing has no value, the chart says so rather than turning it into a zero.

Employer contributions reported per active participant

2022

$1,090

2023

$1,149

2024

$1,246

Plan-paid administrative expenses per participant

2022

$260

2023

$284

2024

$301

Active participants

2022

261

2023

296

2024

309

Detailed filing history
Plan year	Per active participant	Active participants	Plan assets	Filing ID
2024	$1,246	309	23.9M	20251010154024NAL0004382291001
2023	$1,149	296	20.5M	20241014140949NAL0015075299001
2022	$1,090	261	16.1M	20231013211207NAL0023615427001

Changes in plan assets are not the same as investment performance. Each row uses the selected public filing for that year.

Plan operations

Details worth knowing

Participant loans as a share of plan assets: 2.0%
Independent accountant’s opinion: Unqualified opinion Code 1
Late participant contributions reported: Not stated in the filing
Public plan identifier: 311119613-002

Reported plan details

Identity and filing status

Plan type: Retirement plan
Employer arrangement: Single-employer plan
Plan effective date: Jan 1, 1996
Industry: Construction
Amended filing: No
Final filing for this plan: No
Short plan year: No
401(k) feature reported: Yes
Show DOL characteristic codes
2E2F3H2T2G2J2K2S3D

Reported service providers

Organizations named in the latest filing

The public dataset does not always identify a provider’s exact role. Compensation stays blank when it was not separately reported.

Provider	Plan year	Direct compensation	Indirect compensation
FIDELITY INVESTMENTS INSTITUTIONAL	2024	Not reported	unknown

Current plan terms

Help fill the gap the filing leaves.

If you have a current SPD, fee disclosure, or enrollment guide, you can share it with us. We check the source and date before adding anything to the profile.

Share a document →

Filing ACK_ID20251010154024NAL0004382291001

Data sourceDOL Form 5500 bulk data ↗

Filing searchEFAST2 ↗