Plan Ledger DOL Form 5500 · updated monthly

Hc West, LLCProfit-sharing plan

THE CONTRACTORS RETIREMENT PLAN · HOUSTON, TX · plan year 2023

Employer contribution per participant · 2023
$2,444

Hc West, LLC's 2023 Form 5500 did not separately report plan administrative expenses, which is common where recordkeeping is paid through investment revenue-sharing or a master trust. The plan held $3,904,505 across 316 participant accounts, with employer contributions averaging $2,444 per active participant. See methodology for what Form 5500 does and doesn't capture.

The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in Texas (4,329th of 5,688), and 4,262nd of 5,337 in construction.

Plan summary
Net assets, end of year$3,904,505
Participants with balances316
Active participants303
Employer contributions$740,492
Employee contributions—
Employer contribution per active participant$2,444
Average account balance$12,356
Benefits paid to participants$226,661
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2023$3.9M · 316 accts · $740K emplr
2022$3.0M · 283 accts · $443K emplr
Employer contributions to the Hc West, LLC plan · 2023
Employer contribution per active participant$2,444
Median for plans this size$1,308
2023$2,444 per active participant
2022$1,623 per active participant

Hc West, LLC's 2023 employer contribution ran above the $1,308 median for plans its size, placing it in the top 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.

Administrative cost history2
2023Not separately reported
2022Not separately reported
Same employer
Similar plansConstruction · Texas
Winco Masonry, LP TX$4.0M · 0.62%
Nbg Constructors, Inc. TX$3.9M · 0.24%
Tri-State Ventures, LLC TX$3.9M · 0.12%
Way Holding LTD. TX$3.9M · 0.49%
Lecs, LTD. TX$3.9M · 0.48%

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Source: U.S. Department of Labor, Form 5500 series, EIN 851937720 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.