Plan Ledger DOL Form 5500 · updated monthly

Genco Masonry, Inc.401(k)

GENCO MASONRY, INC. 401(K) PROFIT SHARING PLAN · BETHESDA, MD · plan year 2024

Reported admin expense ratio · 2024
0.41%

Genco Masonry, Inc. reported $43,846 in plan administrative expenses for 2024: 0.41% of average plan assets, above 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 3 years on file its reported administrative ratio has held roughly steady near 0.41%. 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 Maryland (966th of 1,671), and 2,991st of 5,337 in construction. active participation has shrunk from 185 to 149 since 2022.

Plan summary
Net assets, end of year$10,657,568
Participants with balances353
Active participants149
Employer contributions—
Employee contributions$164,481
Employer contribution per active participant—
Average account balance$30,191
Benefits paid to participants$1,244,642
Plan auditUnmodified (clean) audit opinion
AuditorKEITH LINDAHL CPA PLLC
Plan history3
Yearassets · accounts · employer contribution
2024$10.7M · 353 accts
2023$10.5M · 364 accts
2022$9.9M · 375 accts · $105 emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$28,106
Investment management$8,990
Total administrative$43,846
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
UBS FINANCIAL SERVICES INCindirect comp

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$43,846 · 0.41%
2023$30,047 · 0.29%
2022$48,608 · 0.43%
All plans at this employer2
GENCO MASONRY, INC. 401(K) PROFIT SHARING PLAN401(k)
GENCO MASONRY INC. RETIREMENT SAVINGS PLAN401(k)
Similar plansConstruction · Maryland
W.M. Schlosser Co., Inc. MD$10.9M · 0.20%
Miller Refrigeration, Inc. MD$10.8M · 0.48%
Ben Lewis Plumbing MD$10.7M · 0.55%
The Joy Companies, Inc. MD$10.5M · 0.73%
Commercial Interiors, Inc. MD$10.3M · 0.47%
The Bartley Corporation MD$10.2M · 0.43%

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Source: U.S. Department of Labor, Form 5500 series, EIN 521336398 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.