Plan Ledger DOL Form 5500 · updated monthly

Matkin-Hoover Engineering, Inc.401(k)

MATKIN-HOOVER ENGINEERING, INC. 401(K) PROFIT SHARING PLAN · BOERNE, TX · plan year 2024

Reported admin expense ratio · 2024
0.69%

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

Matkin-Hoover Engineering, Inc. reported $34,771 in plan administrative expenses for 2024: 0.69% of average plan assets, above the peer median. Employer contributions averaged $2,244 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 has held roughly steady near 0.69%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Texas (3,916th of 5,688), and 9,567th of 11,654 in professional & technical services. In 2024, employees put in $1.09 for every $1.00 the employer contributed; active participation has grown from 105 to 118 since 2022.

Plan summary
Net assets, end of year$5,566,353
Participants with balances205
Active participants118
Employer contributions$264,782
Employee contributions$289,479
Employer contribution per active participant$2,244
Average account balance$27,153
Benefits paid to participants$278,673
Plan auditDisclaimer of opinion
AuditorLOWREY POWELL STEVENS & MANGUM PC
Plan history3
Yearassets · accounts · employer contribution
2024$5.6M · 205 accts · $265K emplr
2023$4.6M · 160 accts · $261K emplr
2022$3.6M · 157 accts · $244K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$19,364
Investment management$15,407
Total administrative$34,771
The Matkin-Hoover Engineering, Inc. 401(k) match · 2024
Employer contribution per active participant$2,244
Median for plans this size$1,313
2024$2,244 per active participant
2023$2,417 per active participant
2022$2,320 per active participant

Matkin-Hoover Engineering, 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 · 20242
JOHN HANCOCK USA · Recordkeeping$2,291
RAYMOND JAMES FSA 338 · Investment advisory (participants)$14,017

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

Recordkeeper by year2
2024John Hancock
2023John Hancock

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$34,771 · 0.69%
2023$29,477 · 0.72%
2022$25,240 · 0.68%
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Source: U.S. Department of Labor, Form 5500 series, EIN 260009386 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.