Plan Ledger DOL Form 5500 · updated monthly

M.P.G. Pipeline Contractors L.L.C.401(k)

M.P.G. PIPELINE CONTRACTORS L.L.C. 401K PLAN · HOUSTON, TX · plan year 2024

Reported admin expense ratio · 2024
0.01%

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

M.P.G. Pipeline Contractors L.L.C. reported $1,832 in plan administrative expenses for 2024: 0.01% of average plan assets, lower than ~75% of peers. Employer contributions averaged $671 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 0.015% to 0.011%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other construction employers. By assets it is the 2,223rd-largest of 5,688 plans among Texas employers on file, and the 2,243rd of 5,337 in construction. In 2024, employees put in $1.60 for every $1.00 the employer contributed; active participation has grown from 207 to 802 since 2022.

Plan summary
Net assets, end of year$17,305,342
Participants with balances202
Active participants802
Employer contributions$538,438
Employee contributions$861,681
Employer contribution per active participant$671
Average account balance$85,670
Benefits paid to participants$1,699,823
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$17.3M · 202 accts · $538K emplr
2023$15.2M · 177 accts · $429K emplr
2022$12.9M · 175 accts · $460K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$1,832
Total administrative$1,832
The M.P.G. Pipeline Contractors L.L.C. 401(k) match · 2024
Employer contribution per active participant$671
Median for plans this size$2,416
2024$671 per active participant
2023$3,433 per active participant
2022$2,221 per active participant

M.P.G. Pipeline Contractors L.L.C.'s 2024 employer contribution ran below the $2,416 median for plans its size, in the bottom 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20241
AMERICAN UNITED LIFE INSURANCE CO · Recordkeeping · Loan processing$2,357

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

Recordkeeper by year2
2024OneAmerica
2023OneAmerica

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

Administrative cost history3
2024$1,832 · 0.01%
2023$1,468 · 0.01%
2022$2,121 · 0.01%
Similar plansConstruction · Texas
Pogue Construction Co., LP TX$17.9M · 0.60%
Anew Climate, LLC TX$17.7M · 0.49%
Long Lake, LTD. TX$17.0M · 0.33%
Fox Electric I, LTD. TX$16.5M · 0.44%

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Source: U.S. Department of Labor, Form 5500 series, EIN 261357899 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.