Plan Ledger DOL Form 5500 · updated monthly

Asphalt Inc., LLC dba Lone Star Paving401(k)

LONE STAR PAVING 401(K) PLAN · AUSTIN, TX · plan year 2023

Reported admin expense ratio · 2023
0.14%

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

Asphalt Inc., LLC dba Lone Star Paving reported $22,932 in plan administrative expenses for 2023: 0.14% of average plan assets, below the peer median. Employer contributions averaged $2,503 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 2 years on file its reported administrative ratio has held roughly steady near 0.140%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other construction employers. By assets it is the 2,088th-largest of 5,688 plans among Texas employers on file, and the 2,082nd of 5,337 in construction. In 2023, employees put in $1.94 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$19,194,042
Participants with balances678
Active participants560
Employer contributions$1,401,582
Employee contributions$2,721,816
Employer contribution per active participant$2,503
Average account balance$28,310
Benefits paid to participants$1,449,084
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2023$19.2M · 678 accts · $1.4M emplr
2022$13.5M · 591 accts · $1.1M emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$22,932
Total administrative$22,932
The Asphalt Inc., LLC dba Lone Star Paving 401(k) match · 2023
Employer contribution per active participant$2,503
Median for plans this size$2,440
2023$2,503 per active participant
2022$2,047 per active participant

Asphalt Inc., LLC dba Lone Star Paving's 2023 employer contribution ran above the $2,440 median for plans its size. 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 · 20234
PENSIONMARK FINANCIAL GROUP, LLCindirect comp
ALLIANCE BENEFIT GROUP OF HOUSTON · Other servicesindirect comp
MORNING STAR · Investment advisory (participants) · Investment advisory (plan)indirect comp
VOYA RETIREMENT INSURANCE & ANNUITY · Investment advisory (participants)indirect 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$22,932 · 0.14%
2022$19,590 · 0.14%
Same employer
Similar plansConstruction · Texas
Cec Electrical, Inc. TX$19.7M · 0.83%
Beyer Services, LLC TX$19.2M · 0.10%
Ref-Chem, L.P. TX$18.8M · 0.44%
American Constructors, LLC TX$18.8M · 0.37%

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Source: U.S. Department of Labor, Form 5500 series, EIN 472248769 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.