Plan Ledger DOL Form 5500 · updated monthly

Deviney Construction Company, Inc.401(k)

DEVINEY CONSTRUCTION COMPANY, INC. RETIREMENT PLAN AND TRUST · RAYMOND, MS · plan year 2024

Reported admin expense ratio · 2024
0.59%

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

Deviney Construction Company, Inc. reported $76,928 in plan administrative expenses for 2024: 0.59% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,769 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 0.63% to 0.59%. 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 the 135th-largest of 367 plans among Mississippi employers on file, and the 2,665th of 5,337 in construction. In 2024, the employer put in $1.13 for every $1.00 employees contributed themselves; active participation has grown from 164 to 242 since 2022.

Plan summary
Net assets, end of year$13,191,971
Participants with balances387
Active participants242
Employer contributions$670,000
Employee contributions$590,681
Employer contribution per active participant$2,769
Average account balance$34,088
Benefits paid to participants$2,123,607
Plan auditDisclaimer of opinion
AuditorWILLIAMS, WEISS, HESTER & CO., PLLC
Plan history3
Yearassets · accounts · employer contribution
2024$13.2M · 387 accts · $670K emplr
2023$12.9M · 390 accts · $160K emplr
2022$11.4M · 372 accts · $675K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$46,045
Investment management$30,883
Total administrative$76,928
The Deviney Construction Company, Inc. 401(k) match · 2024
Employer contribution per active participant$2,769
Median for plans this size$2,416
2024$2,769 per active participant
2023$780 per active participant
2022$4,116 per active participant

Deviney Construction Company, Inc.'s 2024 employer contribution ran above the $2,416 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
HERITAGE PENSION ADVISORS, LLC · Loan processing$46,045
BANKPLUS WEALTH MANAGEMENT · Investment advisory (participants) · Investment advisory (plan)$30,883

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$76,928 · 0.59%
2023$81,882 · 0.68%
2022$75,184 · 0.63%
Same employer
Similar plansConstruction · Mississippi
Castle Personnel Group, LLC MS$18.5M · 0.03%
Warren Paving, Inc. MS$12.5M · 0.59%

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Source: U.S. Department of Labor, Form 5500 series, EIN 640758906 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.