Plan Ledger DOL Form 5500 · updated monthly

Atlas Mechanical, Inc.401(k)

ATLAS MECHANICAL, INC. 401(K)/PROFIT SHARING PLAN · SAN DIEGO, CA · plan year 2024

Reported admin expense ratio · 2024
0.75%

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

Atlas Mechanical, Inc. reported $51,112 in plan administrative expenses for 2024: 0.75% of average plan assets, above the peer median. Employer contributions averaged $261 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 rose from 0.71% to 0.75%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in California (6,328th of 9,483), and 3,592nd of 5,337 in construction. In 2024, employees put in $16.66 for every $1.00 the employer contributed; active participation has grown from 141 to 249 since 2022.

Plan summary
Net assets, end of year$7,011,160
Participants with balances294
Active participants249
Employer contributions$65,000
Employee contributions$1,083,196
Employer contribution per active participant$261
Average account balance$23,847
Benefits paid to participants$1,566,863
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$7.0M · 294 accts · $65K emplr
2023$6.7M · 193 accts · $65K emplr
2022$5.6M · 185 accts · $50K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$24,634
Investment management$26,478
Total administrative$51,112
The Atlas Mechanical, Inc. 401(k) match · 2024
Employer contribution per active participant$261
Median for plans this size$1,313
2024$261 per active participant
2023$411 per active participant
2022$355 per active participant

Atlas Mechanical, Inc.'s 2024 employer contribution ran below the $1,313 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20243
CWM LLC · Investment advisory (plan)$25,268
EMPOWER ADVISORY GROUP, LLC · Investment management$1,210

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

Administrative cost history3
2024$51,112 · 0.75%
2023$44,135 · 0.72%
2022$43,301 · 0.71%
Same employer
Similar plansConstruction · California
McE Corporation CA$7.1M · 0.47%
J.W. Floor Covering, Inc. CA$7.0M · 0.73%
S.C. Anderson, Inc. CA$6.8M · 0.98%
Lonestar Construction CA$6.8M · 1.96%

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Source: U.S. Department of Labor, Form 5500 series, EIN 330467796 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.