Plan Ledger DOL Form 5500 · updated monthly

Mammoet USA South, Inc401(k)

MAMMOET USA SOUTH INC 401(K) PROFIT SHARING PLAN AND TRUST · ROSHARON, TX · plan year 2023

Reported admin expense ratio · 2023
0.40%

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

Mammoet USA South, Inc reported $308,881 in plan administrative expenses for 2023: 0.40% of average plan assets, higher than ~90% of peers. Employer contributions averaged $7,249 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 0.24% to 0.31%. The plan sits in the $50M–$250M size bracket, benchmarked here against 9,317 comparable plans and shown alongside other construction employers. By assets it is the 748th-largest of 5,688 plans among Texas employers on file, and the 731st of 5,337 in construction. In 2023, employees put in $1.54 for every $1.00 the employer contributed; active participation has shrunk from 494 to 377 since 2022.

Plan summary
Net assets, end of year$81,988,660
Participants with balances622
Active participants377
Employer contributions$2,732,867
Employee contributions$4,209,030
Employer contribution per active participant$7,249
Average account balance$131,815
Benefits paid to participants$11,447,844
Plan auditUnmodified (clean) audit opinion
AuditorWEINSTEIN SPIRA & COMPANY
Plan history3
Yearassets · accounts · employer contribution
2024$79.5M · 549 accts · $2.4M emplr
2023$82.0M · 622 accts · $2.7M emplr
2022$71.8M · 631 accts · $3.0M emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$201,285
Investment management$107,596
Total administrative$308,881
The Mammoet USA South, Inc 401(k) match · 2023
Employer contribution per active participant$7,249
Median for plans this size$3,659
2024$6,649 per active participant
2023$7,249 per active participant
2022$5,978 per active participant

Mammoet USA South, Inc's 2023 employer contribution ran above the $3,659 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20233
EMPOWER ANNUITY INSURANCE COMPANY · Contract administrator · Recordkeeping$163,960
ALLIANCEBERNSTEIN LP · Investment advisory (plan)$93,429
USI ADVISORS INC · Investment advisory (plan)$14,167

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$247,702 · 0.31%
2023$308,881 · 0.40%
2022$179,353 · 0.24%
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E. E. Reed Co., LTD TX$89.5M · 0.01%
Brock Enterprises, LLC TX$88.0M · 0.30%
Southland Holdings, LLC TX$80.6M · 0.28%
Chesmar Group, Inc. TX$78.6M · 0.69%
Pfeiffer & Son, LTD. TX$74.2M · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 760294739 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.