Plan Ledger DOL Form 5500 · updated monthly

Lee Mechanical Contractors, Inc.401(k)

LEE MECHANICAL CONTRACTORS, INC. 401(K) SALARY REDUCTION PLAN AND TRUST · PARK HILLS, MO · plan year 2024

Reported admin expense ratio · 2024
0.42%

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

Lee Mechanical Contractors, Inc. reported $34,806 in plan administrative expenses for 2024: 0.42% of average plan assets, below the peer median. Employer contributions averaged $890 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 0.32% to 0.42%. 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 Missouri (897th of 1,393), and 3,241st of 5,337 in construction. In 2024, employees put in $2.59 for every $1.00 the employer contributed; active participation has grown from 182 to 244 since 2022.

Plan summary
Net assets, end of year$9,009,324
Participants with balances213
Active participants244
Employer contributions$217,159
Employee contributions$563,060
Employer contribution per active participant$890
Average account balance$42,297
Benefits paid to participants$474,600
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$9.0M · 213 accts · $217K emplr
2023$7.6M · 257 accts · $219K emplr
2022$6.5M · 286 accts · $119K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$34,806
Total administrative$34,806
The Lee Mechanical Contractors, Inc. 401(k) match · 2024
Employer contribution per active participant$890
Median for plans this size$1,313
2024$890 per active participant
2023$998 per active participant
2022$656 per active participant

Lee Mechanical Contractors, Inc.'s 2024 employer contribution ran below the $1,313 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
ALERUS FINANCIAL, N.A. · Recordkeeping · Trustee$34,806

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

Recordkeeper by year2
2024Alerus
2023Alerus

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Administrative cost history3
2024$34,806 · 0.42%
2023$26,245 · 0.37%
2022$23,194 · 0.32%
Same employer
Similar plansConstruction · Missouri
Harold G. Butzer, Inc. MO$12.5M · 0.43%
Mts Contracting, Inc. MO$7.3M · 0.51%
Hth Companies, Inc. MO$7.2M · 0.49%
Branco Enterprises, Inc. MO$7.1M · 0.65%

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Source: U.S. Department of Labor, Form 5500 series, EIN 431367249 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.