Plan Ledger DOL Form 5500 · updated monthly

Mason Construction, LLC401(k)

MASON CONSTRUCTION 401(K) PROFIT SHARING PLAN · BEAUMONT, TX · plan year 2024

Reported admin expense ratio · 2024
0.08%

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

Mason Construction, LLC reported $27,408 in plan administrative expenses for 2024: 0.08% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,308 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 0.15% to 0.08%. 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 1,292nd-largest of 5,688 plans among Texas employers on file, and the 1,290th of 5,337 in construction. In 2024, employees put in $1.65 for every $1.00 the employer contributed; active participation has grown from 304 to 402 since 2022.

Plan summary
Net assets, end of year$37,963,723
Participants with balances331
Active participants402
Employer contributions$927,820
Employee contributions$1,529,206
Employer contribution per active participant$2,308
Average account balance$114,694
Benefits paid to participants$2,687,030
Plan auditUnmodified (clean) audit opinion
AuditorWATHEN DESHONG & JUNCKER
Plan history3
Yearassets · accounts · employer contribution
2024$38.0M · 331 accts · $928K emplr
2023$33.6M · 327 accts · $1.0M emplr
2022$26.9M · 321 accts · $1.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$24,908
Total administrative$27,408
The Mason Construction, LLC 401(k) match · 2024
Employer contribution per active participant$2,308
Median for plans this size$2,416
2024$2,308 per active participant
2023$3,440 per active participant
2022$3,530 per active participant

Mason Construction, LLC'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 · 20241
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$24,908

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$27,408 · 0.08%
2023$53,336 · 0.18%
2022$44,993 · 0.15%
Same employer
Similar plansConstruction · Texas
Brightland Homes, LTD TX$42.4M · 0.44%
Hmt LLC TX$40.7M · 0.23%
Cummings Electrical, LP TX$39.4M · 0.51%
Ai Fire, LLC TX$37.5M · 0.73%

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Source: U.S. Department of Labor, Form 5500 series, EIN 741675517 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.