Plan Ledger DOL Form 5500 · updated monthly

M.C. Dean, Inc.401(k)

M. C. DEAN, INC. 401(K) PLAN · TYSON, VA · plan year 2024

Reported admin expense ratio · 2024
0.19%

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

M.C. Dean, Inc. reported $840,425 in plan administrative expenses for 2024: 0.19% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,637 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 fell from 0.21% to 0.19%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other construction employers. By assets it is the 75th-largest of 2,266 plans among Virginia employers on file, and the 149th of 5,337 in construction. In 2024, employees put in $2.97 for every $1.00 the employer contributed; active participation has grown from 4,832 to 5,870 since 2022.

Plan summary
Net assets, end of year$475,090,809
Participants with balances7,412
Active participants5,870
Employer contributions$15,479,146
Employee contributions$45,911,393
Employer contribution per active participant$2,637
Average account balance$64,098
Benefits paid to participants$44,108,949
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$475.1M · 7,412 accts · $15.5M emplr
2023$395.9M · 6,843 accts · $13.5M emplr
2022$305.5M · 5,978 accts · $8.7M emplr
The M.C. Dean, Inc. 401(k) match · 2024
Employer contribution per active participant$2,637
Median for plans this size$4,294
2024$2,637 per active participant
2023$2,495 per active participant
2022$1,808 per active participant

M.C. Dean, Inc.'s 2024 employer contribution ran below the $4,294 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 · 20243
THE VANGUARD GROUP, INC. · Recordkeeping · Consulting$665,369
VANGUARD ADVISORS, INC. · Investment advisory (participants)$128,067
COMMONWEALTH FINANCIAL NETWORK · Consulting$75,000

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

Recordkeeper by year2
2024Vanguard
2023Vanguard

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

Administrative cost history3
2024$840,425 · 0.19%
2023$704,956 · 0.20%
2022$677,746 · 0.21%
Same employer
Similar plansConstruction · Virginia
Jacobs Technology Inc. VA$2.2B · 0.04%
Nvr, Inc. VA$1.3B · 0.00%
Hitt Contracting Inc. VA$249.2M · 0.11%

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Source: U.S. Department of Labor, Form 5500 series, EIN 540831614 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.