Plan Ledger DOL Form 5500 · updated monthly

H&M Construction Co., LLC401(k)

H&M CONSTRUCTION CO. , LLC 401(K) PLAN · DEMOPOLIS, AL · plan year 2024

Reported admin expense ratio · 2024
0.72%

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

H&M Construction Co., LLC reported $21,555 in plan administrative expenses for 2024: 0.72% of average plan assets, above the peer median. Employer contributions averaged $197 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 1.29% to 0.72%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in Alabama (727th of 902), and 4,451st of 5,337 in construction. In 2024, employees put in $5.83 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$3,283,369
Participants with balances191
Active participants421
Employer contributions$82,806
Employee contributions$482,847
Employer contribution per active participant$197
Average account balance$17,190
Benefits paid to participants$263,654
Plan auditDisclaimer of opinion
Plan history3
Yearassets · accounts · employer contribution
2024$3.3M · 191 accts · $83K emplr
2023$2.7M · 202 accts · $72K emplr
2022$1.9M · 229 accts · $55K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$21,555
Total administrative$21,555
The H&M Construction Co., LLC 401(k) match · 2024
Employer contribution per active participant$197
Median for plans this size$1,313
2024$197 per active participant
2023$211 per active participant
2022$139 per active participant

H&M Construction Co., LLC's 2024 employer contribution ran below the $1,313 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history3
2024$21,555 · 0.72%
2023$21,826 · 0.95%
2022$25,731 · 1.29%
Same employer
Similar plansConstruction · Alabama
Robt J. Baggett, Inc. AL$3.4M · 0.79%
Pace Runners, Inc AL$3.2M · 1.08%
Sky Holdings, Inc. AL$2.1M · 0.20%

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Source: U.S. Department of Labor, Form 5500 series, EIN 721349662 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.