Design Masonry, Inc.Profit-sharing plan
THE CONTRACTORS RETIREMENT PLAN · SANTA CLARITA, CA · plan year 2024
Peer grade: C+ · admin costs + employer contributions vs same-size plans · how grading works
Design Masonry, Inc. reported $14,500 in plan administrative expenses for 2024: 1.06% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,659 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 3 years on file its reported administrative ratio has held roughly steady near 1.06%. 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 (8,558th of 9,483), and 4,978th of 5,337 in construction. active participation has grown from 115 to 127 since 2022.
Design Masonry, Inc.'s 2024 employer contribution ran above the $1,313 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.
Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.
Why are you looking at this plan?
Source: U.S. Department of Labor, Form 5500 series, EIN 800518154 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.