Plan Ledger DOL Form 5500 · updated monthly

Adkins & Kimbrough Mechanical401(k)

ADKINS & KIMBROUGH MECHANICAL, LLC 401(K) PROFIT SHARING PLAN AND TRUST · BESSEMER, AL · plan year 2023

Reported admin expense ratio · 2023
0.30%

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

Adkins & Kimbrough Mechanical reported $3,119 in plan administrative expenses for 2023: 0.30% of average plan assets, below the peer median. Employer contributions averaged $9 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 1 year on file its reported administrative ratio rose from 0.13% to 0.30%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in Alabama (848th of 902), and 5,073rd of 5,337 in construction. In 2023, employees put in $123.83 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$1,150,354
Participants with balances58
Active participants74
Employer contributions$665
Employee contributions$82,346
Employer contribution per active participant$9
Average account balance$19,834
Benefits paid to participants$54,269
Plan auditUnmodified (clean) audit opinion
AuditorPEARCE BEVILL LEESBURG & MOORE
Plan history2
Yearassets · accounts · employer contribution
2023$1.2M · 58 accts · $665 emplr
2022$923K · 122 accts
The Adkins & Kimbrough Mechanical 401(k) match · 2023
Employer contribution per active participant$9
Median for plans this size$1,308

Adkins & Kimbrough Mechanical's 2023 employer contribution ran below the $1,308 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.

Service providers · 20231
MUTUAL OF AMERICA SEC. CORP LLC · Recordkeeping · Loan processingindirect comp

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history2
2023$3,119 · 0.30%
2022$1,233 · 0.13%
Similar plansConstruction · Alabama
Integrity Cabinets AL$1.9M · 0.15%
Sparks Energy, Inc. AL$1.5M · 2.22%
Reed Alabama, Inc. AL$1.4M · 0.73%

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Source: U.S. Department of Labor, Form 5500 series, EIN 203735660 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.