Plan Ledger DOL Form 5500 · updated monthly

M.J. Sheridan of Texas, Inc.401(k)

M.J. SHERIDAN RETIREMENT PLAN · HOUSTON, TX · plan year 2024

Reported admin expense ratio · 2024
0.24%

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

M.J. Sheridan of Texas, Inc. reported $8,376 in plan administrative expenses for 2024: 0.24% of average plan assets, below the peer median. Employer contributions averaged $1,162 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 0.17% to 0.24%. 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 Texas (4,268th of 5,688), and 4,196th of 5,337 in construction. In 2024, employees put in $1.66 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$4,123,865
Participants with balances179
Active participants329
Employer contributions$382,334
Employee contributions$634,482
Employer contribution per active participant$1,162
Average account balance$23,038
Benefits paid to participants$180,968
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$4.1M · 179 accts · $382K emplr
2023$2.9M · 175 accts · $344K emplr
2022$1.9M · 172 accts · $342K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$5,750
Investment management$2,426
Total administrative$8,376
The M.J. Sheridan of Texas, Inc. 401(k) match · 2024
Employer contribution per active participant$1,162
Median for plans this size$1,313
2024$1,162 per active participant
2023$1,143 per active participant
2022$1,073 per active participant

M.J. Sheridan of Texas, 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
EQUITABLE ADVISORS LLCindirect comp

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

Administrative cost history3
2024$8,376 · 0.24%
2023$5,447 · 0.23%
2022$2,728 · 0.17%
Same employer
Similar plansConstruction · Texas
Drake Interiors, Inc. TX$4.3M · 0.21%
Fox Industries, LLC TX$4.2M · 0.55%

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Source: U.S. Department of Labor, Form 5500 series, EIN 760243183 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.