Plan Ledger DOL Form 5500 · updated monthly

Mason Road Sheet Metal, Inc.401(k)

M R SHEET METAL EMPLOYEES RETIREMENT PLAN · HOUSTON, TX · plan year 2022

Reported admin expense ratio · 2022
1.27%

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

Mason Road Sheet Metal, Inc. reported $41,624 in plan administrative expenses for 2022: 1.27% of average plan assets, higher than ~90% of peers. Employer contributions averaged $979 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Texas (4,547th of 5,688), and 12,197th of 13,661 in manufacturing. In 2022, employees put in $1.50 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$3,140,692
Participants with balances60
Active participants133
Employer contributions$130,172
Employee contributions$195,778
Employer contribution per active participant$979
Average account balance$52,345
Benefits paid to participants$40,388
Plan auditUnmodified (clean) audit opinion
AuditorCROWE LLP
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$41,624
Total administrative$41,624
The Mason Road Sheet Metal, Inc. 401(k) match · 2022
Employer contribution per active participant$979
Median for plans this size$1,114

Mason Road Sheet Metal, Inc.'s 2022 employer contribution ran below the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$41,624 · 1.27%
Same employer
Similar plansManufacturing · Texas
Tige Boats, Inc. TX$3.3M · 0.57%
Blakeman Steel, Inc. TX$3.2M · 1.08%
Circle Y Saddles, Inc. TX$3.2M · 0.30%
Readyone Industries TX$3.2M · 1.60%
Locke Solutions LLC TX$3.1M · 1.57%
Houston Shutters, LLC TX$3.1M · 0.72%
Age Industries, LTD TX$3.1M · 0.32%

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Source: U.S. Department of Labor, Form 5500 series, EIN 800016310 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.