Fernandes Masonry, Inc.401(k)

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

Fernandes Masonry, Inc. reported $54,900 in plan administrative expenses for 2024: 0.32% of average plan assets, above the peer median. Employer contributions averaged $11,291 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 0.32%. 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 Massachusetts (1,400th of 2,726), and the 2,162nd of 5,337 in construction. In 2024, the employer put in $8.14 for every $1.00 employees contributed themselves; active participation has grown from 134 to 199 since 2022.