Plan Ledger DOL Form 5500 · updated monthly

Interstate Mechanical Corporation401(k)

INTERSTATE MECHANICAL CORPORATION 401(K) PROFIT SHARING PLAN · PHOENIX, AZ · plan year 2024

Reported admin expense ratio · 2024
0.27%

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

Interstate Mechanical Corporation reported $15,031 in plan administrative expenses for 2024: 0.27% of average plan assets, below the peer median. Employer contributions averaged $278 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 rose from 0.05% to 0.27%. 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 Arizona (770th of 1,285), and 3,774th of 5,337 in construction. In 2024, employees put in $4.84 for every $1.00 the employer contributed; active participation has grown from 352 to 440 since 2022.

Plan summary
Net assets, end of year$6,009,016
Participants with balances267
Active participants440
Employer contributions$122,430
Employee contributions$592,690
Employer contribution per active participant$278
Average account balance$22,506
Benefits paid to participants$503,720
Plan auditDisclaimer of opinion
Plan history3
Yearassets · accounts · employer contribution
2024$6.0M · 267 accts · $122K emplr
2023$5.1M · 252 accts · $135K emplr
2022$4.6M · 222 accts · $142K emplr
The Interstate Mechanical Corporation 401(k) match · 2024
Employer contribution per active participant$278
Median for plans this size$1,313
2024$278 per active participant
2023$324 per active participant
2022$402 per active participant

Interstate Mechanical Corporation'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.

Service providers · 20243
EQUITABLE LIFE INSURANCE CO. · Recordkeeping · Trustee (directed)$5,022
1ST GLOBAL CAPITAL CORPORATION · Recordkeepingindirect comp
NATIONWIDE · Contract administratorindirect comp

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

Recordkeeper by year2
20241ST GLOBAL CAPITAL CORPORATION, EQUITABLE LIFE INSURANCE CO.
20231ST GLOBAL CAPITAL CORPORATION, EQUITABLE LIFE INSURANCE CO.

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

Administrative cost history3
2024$15,031 · 0.27%
2023$3,535 · 0.07%
2022$2,610 · 0.05%
Same employer
Similar plansConstruction · Arizona
Tel Tech Networks, Inc. AZ$6.8M · 0.80%
Cactus Transport, Inc. AZ$6.7M · 0.42%
Interiorworx, LLC AZ$6.0M · 0.00%
Ricor, Inc. AZ$5.9M · 0.02%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 860448232 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.