Plan Ledger DOL Form 5500 · updated monthly

Mastec, Inc.401(k)

THE MASTEC, INC. 401(K) RETIREMENT PLAN · CORAL GABLES, FL · plan year 2025

Reported admin expense ratio · 2025
0.13%

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

Mastec, Inc. reported $1,057,576 in plan administrative expenses for 2025: 0.13% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,524 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 3 years on file its reported administrative ratio rose from 0.05% to 0.13%. The plan sits in the $250M–$1B size bracket, benchmarked here against 230 comparable plans and shown alongside other construction employers. By assets it is the 50th-largest of 3,644 plans among Florida employers on file, and the 68th of 5,337 in construction. In 2025, employees put in $1.96 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$917,610,978
Participants with balances14,796
Active participants25,070
Employer contributions$38,208,433
Employee contributions$74,705,929
Employer contribution per active participant$1,524
Average account balance$62,018
Benefits paid to participants$106,927,139
Plan auditUnmodified (clean) audit opinion
Plan history4
Yearassets · accounts · employer contribution
2025$917.6M · 14,796 accts · $38.2M emplr
2024$735.7M · 13,850 accts · $35.4M emplr
2023$591.6M · 13,879 accts · $36.4M emplr
2022$457.2M · 13,201 accts · $30.2M emplr
Administrative expenses, itemized · 2025
Recordkeeping & contract admin$1,057,576
Total administrative$1,057,576
The Mastec, Inc. 401(k) match · 2025
Employer contribution per active participant$1,524
Median for plans this size$4,295
2025$1,524 per active participant
2024$1,480 per active participant
2023$1,523 per active participant
2022$1,267 per active participant

Mastec, Inc.'s 2025 employer contribution ran below the $4,295 median for plans its size, in the bottom quarter of its peers. 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 2025 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20255
MERRILL LYNCH,PIERCE,FENNER & SMITH · Recordkeeping$990,513
SCHWAB RETIREMENT PLAN SERVICES,INC · Recordkeeping$15,550
BDO$45,000
ECEB LAW$5,355
CHARLES SCHWAB & CO., INC. · Securities brokerage$4,343

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

Recordkeeper by year3
2025Bank of America / Merrill, Charles Schwab
2024Bank of America / Merrill
2023Bank of America / Merrill

This plan has changed recordkeepers within these filings. If you left Mastec, 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 history4
2025$1,057,576 · 0.13%
2024$1,116,921 · 0.17%
2023$1,089,097 · 0.21%
2022$234,011 · 0.05%
Same employer
Similar plansConstruction · Florida
Lennar Corporation FL$1.6B · 0.09%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 650829355 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.