PCL Industrial Management Co. 401(k) Review & Grade
Hourly Employee 401(k) Thrift Plan of PCL Industrial Management Co.
Denver, COConstruction756 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$765Employer $ per active participant
$1,359Employee $ saved per active participant
0.32%Direct admin cost, % of plan assets
$11.6MNet plan assets, end of year
$17,569Average balance per account
Score breakdown
- Employer generosity12.7 / 5025th percentile for employer $ per participant
- Low cost9.6 / 2539th percentile for low admin cost vs. same-size plans
- Employee saving1.8 / 1512th percentile for employee $ per participant
- Plan features3 / 10Default investment
Total score27 / 100 · Grade F
This plan vs. peers
Peers: Construction plans with 500–2,499 active participants (498 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 25th |
| Lower admin cost | 39th |
| Employee saving | 12th |
| Peers that auto-enroll | 44% |
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Red flags from the filing
No red flags were reported on this filing's compliance questions.
What to do if you're in this plan
- PCL Industrial Management put in about $765 per active participant, below the typical peer ($1,672). Any match is still an instant return, so contribute enough to get all of it.
- 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.
- 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 | $578,675 |
| Participant (employee) contributions | $1,027,295 |
| Other contributions (incl. rollovers in) | $245,913 |
| Administrative expenses paid from the plan | $36,581 |
| Investment advisory & management fees | $23,831 |
| Other admin expenses | $12,750 |
| Benefits paid out | $2,588,239 |
| Net assets, start / end of year | $11.4M / $11.6M |
| Active participants, start / end of year | 727 / 785 |
| Participants with account balances | 662 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | K Financial |
Largest service providers (Schedule C)
| Empower Annuity Insurance Company | $26,714 reported compensation |
| Empower Advisory Group, LLC | $2,168 reported compensation |
| NFP Retirement Inc | $1,849 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251009091003NAL0010622832001, received 2025-10-09, EIN 27-4004392, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.