Plan Ledger DOL Form 5500 · updated monthly

Markham Contracting Co., Inc.401(k)

MARKHAM CONTRACTING CO., INC. 401(K) PROFIT SHARING PLAN · PHOENIX, AZ · plan year 2024

Reported admin expense ratio · 2024
0.46%

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

Markham Contracting Co., Inc. reported $63,110 in plan administrative expenses for 2024: 0.46% of average plan assets, above the peer median. Employer contributions averaged $2,170 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 0.58% to 0.46%. 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 420th-largest of 1,285 plans among Arizona employers on file, and the 2,312th of 5,337 in construction. In 2024, the employer put in $1.45 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$16,483,517
Participants with balances421
Active participants493
Employer contributions$1,069,695
Employee contributions$738,593
Employer contribution per active participant$2,170
Average account balance$39,153
Benefits paid to participants$1,216,279
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$16.5M · 421 accts · $1.1M emplr
2023$11.1M · 313 accts · $547K emplr
2022$9.7M · 319 accts · $538K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$63,110
Total administrative$63,110
The Markham Contracting Co., Inc. 401(k) match · 2024
Employer contribution per active participant$2,170
Median for plans this size$2,416
2024$2,170 per active participant
2023$1,055 per active participant
2022$1,000 per active participant

Markham Contracting Co., Inc.'s 2024 employer contribution ran below 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 · 20243
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$49,448
CAPFINANCIAL PARTNERS LLC · Investment advisory (plan)$13,662

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$63,110 · 0.46%
2023$57,895 · 0.56%
2022$60,275 · 0.58%
Same employer
Similar plansConstruction · Arizona
D.P. Electric, Inc. AZ$19.0M · 0.58%
Rummel Construction, Inc. AZ$16.6M · 0.64%

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Source: U.S. Department of Labor, Form 5500 series, EIN 860339647 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.