Plan Ledger DOL Form 5500 · updated monthly

Massaro Construction Group, Inc.401(k)

MASSARO CONSTRUCTION GROUP 401(K) PSP · PITTSBURGH, PA · plan year 2024

Reported admin expense ratio · 2024
0.12%

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

Massaro Construction Group, Inc. reported $22,547 in plan administrative expenses for 2024: 0.12% of average plan assets, lower than ~75% of peers. Employer contributions averaged $4,043 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 0.20% to 0.12%. 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 1,541st-largest of 3,651 plans among Pennsylvania employers on file, and the 2,023rd of 5,337 in construction. In 2024, employees put in $2.29 for every $1.00 the employer contributed; active participation has grown from 72 to 82 since 2022.

Plan summary
Net assets, end of year$19,903,113
Participants with balances129
Active participants82
Employer contributions$331,518
Employee contributions$757,805
Employer contribution per active participant$4,043
Average account balance$154,288
Benefits paid to participants$993,374
Plan auditUnmodified (clean) audit opinion
AuditorH2R CPA
Plan history3
Yearassets · accounts · employer contribution
2024$19.9M · 129 accts · $332K emplr
2023$16.7M · 135 accts · $280K emplr
2022$13.6M · 126 accts · $222K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$4,547
Investment management$18,000
Total administrative$22,547
The Massaro Construction Group, Inc. 401(k) match · 2024
Employer contribution per active participant$4,043
Median for plans this size$2,416
2024$4,043 per active participant
2023$3,142 per active participant
2022$3,084 per active participant

Massaro Construction Group, Inc.'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
ASCENSUS LLC · Recordkeeping$4,547
GLOBAL RETIREMENT PARTNERS · Investment advisory (plan)$18,000

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

Recordkeeper by year2
2024Ascensus
2023RIVERSEDGE ADV RET SOLUTIONS

This plan has changed recordkeepers within these filings. If you left Massaro Construction Group, Inc. before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$22,547 · 0.12%
2023$32,095 · 0.21%
2022$30,623 · 0.20%
Similar plansConstruction · Pennsylvania
Tustin Mechanical Services PA$21.0M · 0.30%
Leeward Construction, Inc. PA$20.2M · 0.65%
Danella Companies, Inc. PA$20.0M · 0.51%
Aes Clean Technology, Inc. PA$19.7M · 0.29%
B. R. Kreider & Son, Inc. PA$19.7M · 0.46%
The Norwood Company PA$19.7M · 0.51%

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Source: U.S. Department of Labor, Form 5500 series, EIN 464239983 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.