Plan Ledger DOL Form 5500 · updated monthly

Joeris General Contractors, LTD.401(k)

JOERIS GENERAL CONTRACTORS, LTD. 401(K) RETIREMENT PLAN · SAN ANTONIO, TX · plan year 2023

Reported admin expense ratio · 2023
0.52%

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

Joeris General Contractors, LTD. reported $221,459 in plan administrative expenses for 2023: 0.52% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,344 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 has held roughly steady near 0.52%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other construction employers. By assets it is the 1,111th-largest of 5,688 plans among Texas employers on file, and the 1,101st of 5,337 in construction. In 2023, employees put in $2.92 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$46,761,903
Participants with balances681
Active participants657
Employer contributions$1,539,907
Employee contributions$4,490,405
Employer contribution per active participant$2,344
Average account balance$68,667
Benefits paid to participants$6,526,963
Plan auditUnmodified (clean) audit opinion
AuditorRUSSON + JOHNSON LLP
Plan history2
Yearassets · accounts · employer contribution
2023$46.8M · 681 accts · $1.5M emplr
2022$37.9M · 612 accts · $1.3M emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$24,201
Investment management$109,442
Total administrative$221,459
The Joeris General Contractors, LTD. 401(k) match · 2023
Employer contribution per active participant$2,344
Median for plans this size$2,440
2023$2,344 per active participant
2022$2,246 per active participant

Joeris General Contractors, LTD.'s 2023 employer contribution ran below the $2,440 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20235
TRANSAMERICA RETIREMENT SOLUTIONS · Recordkeeping · Loan processing$22,947
BENEFITS ADMINISTRATORS LLC · Recordkeeping · Loan processingindirect comp
IRONOAK WEALTH LLC · Investment advisory (plan)$87,106
LEAFHOUSE FINANCIAL ADVISORS, LLC · Investment advisory (plan)$22,335

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

Administrative cost history2
2023$221,459 · 0.52%
2022$181,483 · 0.51%
Same employer
Similar plansConstruction · Texas
Sunnova Energy Corporation TX$53.7M · 0.66%
Saulsbury Industries, Inc. TX$51.2M · 0.34%
Humphrey & Associates Inc. TX$49.4M · 0.43%

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Source: U.S. Department of Labor, Form 5500 series, EIN 742277946 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.