Plan Ledger DOL Form 5500 · updated monthly

East Coast Mechanical Inc401(k)

EAST COAST MECHANICAL INC 401(K) PLAN · BOYNTON BEACH, FL · plan year 2022

Reported admin expense ratio · 2022
0.17%

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

East Coast Mechanical Inc reported $6,437 in plan administrative expenses for 2022: 0.17% of average plan assets, below the peer median. Employer contributions averaged $492 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in Florida (2,766th of 3,644), and 4,347th of 5,337 in construction. In 2022, employees put in $6.05 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$3,610,280
Participants with balances66
Active participants101
Employer contributions$49,693
Employee contributions$300,792
Employer contribution per active participant$492
Average account balance$54,701
Benefits paid to participants$204,212
Plan auditUnmodified (clean) audit opinion
AuditorCOHNREZNICKLLP
Plan history2
Yearassets · accounts · employer contribution
2023$0 · $4K emplr
2022$3.6M · 66 accts · $50K emplr
The East Coast Mechanical Inc 401(k) match · 2022
Employer contribution per active participant$492
Median for plans this size$1,114

East Coast Mechanical Inc's 2022 employer contribution ran below the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history2
2023Not separately reported
2022$6,437 · 0.17%
Similar plansConstruction · Florida
S & S Electric Co., Inc. FL$3.6M · 0.20%
Acme Barricades, L.C. FL$3.5M · 1.04%

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Source: U.S. Department of Labor, Form 5500 series, EIN 650163019 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.