Plan Ledger DOL Form 5500 · updated monthly

M.H. Masonry & Associates, Inc.401(k)

M.H. MASONRY & ASSOCIATES, INC. 401(K) PROFIT SHARING PLAN AND TRUST · LYNCHBURG, VA · plan year 2022

Reported admin expense ratio · 2022
0.50%

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

M.H. Masonry & Associates, Inc. reported $18,834 in plan administrative expenses for 2022: 0.50% of average plan assets, above the peer median. Employer contributions averaged $2,038 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in Virginia (1,956th of 2,266), and 4,368th of 5,337 in construction. In 2022, employees put in $1.66 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$3,542,818
Participants with balances84
Active participants93
Employer contributions$189,494
Employee contributions$313,616
Employer contribution per active participant$2,038
Average account balance$42,176
Benefits paid to participants$189,347
Plan auditUnmodified (clean) audit opinion
AuditorDAVIDSON, DOYLE & HILTON, LLP
Plan history2
Yearassets · accounts · employer contribution
2024$0 · $14K emplr
2022$3.5M · 84 accts · $189K emplr
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$18,834
Total administrative$18,834
The M.H. Masonry & Associates, Inc. 401(k) match · 2022
Employer contribution per active participant$2,038
Median for plans this size$1,114

M.H. Masonry & Associates, Inc.'s 2022 employer contribution ran above the $1,114 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.

What these fees cost you

Annual cost at the plan's reported 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history2
2024Not separately reported
2022$18,834 · 0.50%
Same employer
Similar plansConstruction · Virginia
B3 Enterprises, LLC VA$4.0M · 1.40%
Mathers Construction Co. VA$3.4M · 0.19%

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Source: U.S. Department of Labor, Form 5500 series, EIN 455017210 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.