Plan Ledger DOL Form 5500 · updated monthly

Calvert Masonry, Inc.401(k) + ESOP (KSOP)

CALVERT MASONRY, INC. EMPLOYEE STOCK OWNERSHIP AND SAVINGS PLAN · MANASSAS, VA · plan year 2024

Reported admin expense ratio · 2024
0.00%

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

Calvert Masonry, Inc. reported $198 in plan administrative expenses for 2024: 0.00% of average plan assets, lower than ~75% of peers. Employer contributions averaged $12,500 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 fell from 0.01% to 0.00%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in Virginia (1,355th of 2,266), and 2,867th of 5,337 in construction. In 2024, the employer put in $8.94 for every $1.00 employees contributed themselves; active participation has shrunk from 129 to 76 since 2022.

Plan summary
Net assets, end of year$11,654,195
Participants with balances215
Active participants76
Employer contributions$950,000
Employee contributions$106,264
Employer contribution per active participant$12,500
Average account balance$54,206
Benefits paid to participants$459,380
Plan auditUnmodified (clean) audit opinion
AuditorUPDEGROVE MCDANIEL MCMULLEN & CHICC
Plan history3
Yearassets · accounts · employer contribution
2024$11.7M · 215 accts · $950K emplr
2023$10.4M · 225 accts · $550K emplr
2022$10.4M · 223 accts · $400K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$180
Total administrative$198
The Calvert Masonry, Inc. 401(k) match · 2024
Employer contribution per active participant$12,500
Median for plans this size$2,416
2024$12,500 per active participant
2023$4,135 per active participant
2022$3,101 per active participant

Calvert Masonry, Inc.'s 2024 employer contribution ran above the $2,416 median for plans its size, placing it in the top 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.

Administrative cost history3
2024$198 · 0.00%
2023$1,336 · 0.01%
2022$1,475 · 0.01%
Same employer
Similar plansConstruction · Virginia
Blauch Brothers, Inc. VA$11.5M · 0.38%
Varney, Inc. VA$11.1M
Lee Hy Paving Corporation VA$11.1M · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 541692006 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.