Plan Ledger DOL Form 5500 · updated monthly

Mark Young Construction, LLC401(k)

MARK YOUNG CONSTRUCTION, LLC 401(K) PROFIT SHARING PLAN · FREDERICK, CO · plan year 2024

Reported admin expense ratio · 2024
0.56%

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

Mark Young Construction, LLC reported $80,887 in plan administrative expenses for 2024: 0.56% of average plan assets, higher than ~75% of peers. Employer contributions averaged $4,068 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 0.71% to 0.56%. 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 614th-largest of 1,461 plans among Colorado employers on file, and the 2,343rd of 5,337 in construction. In 2024, employees put in $1.09 for every $1.00 the employer contributed; active participation has grown from 177 to 212 since 2022.

Plan summary
Net assets, end of year$16,071,232
Participants with balances166
Active participants212
Employer contributions$862,444
Employee contributions$937,563
Employer contribution per active participant$4,068
Average account balance$96,815
Benefits paid to participants$476,379
Plan auditUnmodified (clean) audit opinion
AuditorWIPFLI LLP
Plan history3
Yearassets · accounts · employer contribution
2024$16.1M · 166 accts · $862K emplr
2023$12.9M · 165 accts · $243K emplr
2022$10.1M · 166 accts · $232K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$54,141
Investment management$26,746
Total administrative$80,887
The Mark Young Construction, LLC 401(k) match · 2024
Employer contribution per active participant$4,068
Median for plans this size$2,416
2024$4,068 per active participant
2023$1,137 per active participant
2022$1,310 per active participant

Mark Young Construction, LLC's 2024 employer contribution ran above the $2,416 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 · 20242
STANCORP FINANCIAL GROUP · Claims processing · Recordkeeping$54,141
GLOBAL RETIREMENT PARTNERS, LLC · Investment advisory (plan)$26,746

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

Recordkeeper by year2
2024The Standard
2023The Standard

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

Administrative cost history3
2024$80,887 · 0.56%
2023$72,660 · 0.63%
2022$76,374 · 0.71%
Same employer
Similar plansConstruction · Colorado
Milender White, Inc. CO$16.6M · 0.48%
Flatiron Constructors, Inc. CO$16.3M · 0.31%
Gallegos Masonry, Inc. CO$15.9M · 0.07%
Moltz Construction, Inc. CO$15.9M · 0.26%

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Source: U.S. Department of Labor, Form 5500 series, EIN 841113245 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.