Plan Ledger DOL Form 5500 · updated monthly

Haci Mechanical Contractors, Inc.401(k)

HACI MECHANICAL CONTRACTORS, INC. 401(K) PLAN · PHOENIX, AZ · plan year 2024

Reported admin expense ratio · 2024
0.13%

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

Haci Mechanical Contractors, Inc. reported $15,721 in plan administrative expenses for 2024: 0.13% of average plan assets, below the peer median. Employer contributions averaged $1,505 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 0.129%. 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 the 496th-largest of 1,285 plans among Arizona employers on file, and 2,706th of 5,337 in construction. In 2024, employees put in $2.82 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$12,846,259
Participants with balances201
Active participants197
Employer contributions$296,402
Employee contributions$835,237
Employer contribution per active participant$1,505
Average account balance$63,912
Benefits paid to participants$1,354,442
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$12.8M · 201 accts · $296K emplr
2023$11.6M · 200 accts · $261K emplr
2022$10.2M · 202 accts · $253K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$15,721
Total administrative$15,721
The Haci Mechanical Contractors, Inc. 401(k) match · 2024
Employer contribution per active participant$1,505
Median for plans this size$2,416
2024$1,505 per active participant
2023$1,449 per active participant
2022$1,244 per active participant

Haci Mechanical Contractors, Inc.'s 2024 employer contribution ran below the $2,416 median for plans its size. 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.

Service providers · 20241
JOHN HANCOCK LIFE INSURANCE COMPANY · Recordkeeping · Investment management$596

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024John Hancock
2023John Hancock

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$15,721 · 0.13%
2023$16,577 · 0.15%
2022$14,004 · 0.13%
Same employer
Similar plansConstruction · Arizona
3-G Construction Co., Inc. AZ$14.1M · 0.00%
Sunbelt Modular Inc. AZ$11.8M · 0.07%
The Rock Solid, Inc. AZ$11.5M · 0.13%

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Source: U.S. Department of Labor, Form 5500 series, EIN 860269891 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.