Plan Ledger DOL Form 5500 · updated monthly

Fsi Construction401(k)

FSI CONSTRUCTION 401K PLAN · HOUSTON, TX · plan year 2022

Reported admin expense ratio · 2022
0.26%

Fsi Construction reported $2,934 in plan administrative expenses for 2022: 0.26% of average plan assets, below the peer median. 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 rose from 0.26% to 0.80%. 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 Texas (5,232nd of 5,688), and 5,075th of 5,337 in construction.

Plan summary
Net assets, end of year$1,143,042
Participants with balances167
Active participants89
Employer contributions—
Employee contributions$345,240
Employer contribution per active participant—
Average account balance$6,845
Benefits paid to participants$268,619
Plan auditUnmodified (clean) audit opinion
AuditorBDG-CPAS
Plan history3
Yearassets · accounts · employer contribution
2024$860K · 57 accts
2023$1.0M · 157 accts
2022$1.1M · 167 accts
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.

Recordkeeper by year2
2024ADP
2023ADP

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Administrative cost history3
2024$7,558 · 0.80%
2023$3,144 · 0.29%
2022$2,934 · 0.26%
Similar plansConstruction · Texas
Lindamood, Inc. TX$1.2M · 0.03%
Custom Trench, Inc. TX$1.1M · 1.49%
E3 Electric, L.P. TX$1.0M · 0.78%
Sungrid US LP TX$1.0M · 0.20%
Sage Enviro Tech, LTD TX$1.0M · 0.42%

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Source: U.S. Department of Labor, Form 5500 series, EIN 262054706 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.