Plan Ledger DOL Form 5500 · updated monthly

Matarozzi/Pelsinger Builders, Inc.ESOP

MPB EMPLOYEE STOCK OWNERSHIP PLAN · SAN FRANCISCO, CA · plan year 2024

Reported admin expense ratio · 2024
0.80%

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

Matarozzi/Pelsinger Builders, Inc. reported $46,172 in plan administrative expenses for 2024: 0.80% of average plan assets, above the peer median. Employer contributions averaged $2,008 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 18,840 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in California (6,744th of 9,483), and 3,816th of 5,337 in construction.

Plan summary
Net assets, end of year$5,815,655
Participants with balances61
Active participants66
Employer contributions$132,511
Employee contributions—
Employer contribution per active participant$2,008
Average account balance$95,339
Benefits paid to participants$122,511
Plan auditUnmodified (clean) audit opinion
AuditorWITHUMSMITH & BROWN, PC
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$8,641
Total administrative$46,172
Employer contributions to the Matarozzi/Pelsinger Builders, Inc. plan · 2024
Employer contribution per active participant$2,008
Median for plans this size$1,313

Matarozzi/Pelsinger Builders, Inc.'s 2024 employer contribution ran above the $1,313 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
PRAIRIE CAPITAL ADVISORS, INC. · Valuation$20,169
DALE STEVENS ESOP TRUSTEE · Trustee$12,000
ASCENSUS · Custodial (securities)$8,640

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

Administrative cost history1
2024$46,172 · 0.80%
All plans at this employer2
MPB RETIREMENT PLAN401(k)
MPB EMPLOYEE STOCK OWNERSHIP PLANESOP
Similar plansConstruction · California
Cleanrite, Inc. CA$5.9M · 0.59%
Glazier Steel CA$5.6M · 0.94%
Full Spectrum Group, LLC. CA$5.6M · 0.72%
Rowan, Incorporated CA$5.5M · 1.47%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 943290599 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.