Plan Ledger DOL Form 5500 · updated monthly

Maymead, Inc.401(k)

MAYMEAD INC. PROFIT SHARING PLAN · MOUNTAIN CITY, TN · plan year 2025

Reported admin expense ratio · 2025
0.28%

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

Maymead, Inc. reported $17,788 in plan administrative expenses for 2025: 0.28% of average plan assets, below the peer median. Employer contributions averaged $1,326 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 fell from 0.44% to 0.28%. The plan sits in the $1M–$10M size bracket, benchmarked here against 809 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in Tennessee (972nd of 1,496), and 3,631st of 5,337 in construction. In 2025, employees put in $1.22 for every $1.00 the employer contributed; active participation has grown from 214 to 264 since 2022.

Plan summary
Net assets, end of year$6,727,111
Participants with balances54
Active participants264
Employer contributions$350,000
Employee contributions$425,617
Employer contribution per active participant$1,326
Average account balance$124,576
Benefits paid to participants$1,136,378
Plan auditUnmodified (clean) audit opinion
Plan history4
Yearassets · accounts · employer contribution
2025$6.7M · 54 accts · $350K emplr
2024$6.1M · 139 accts · $380K emplr
2023$5.4M · 139 accts · $312K emplr
2022$4.4M · 100 accts · $200K emplr
Administrative expenses, itemized · 2025
Recordkeeping & contract admin$900
Audit (IQPA)$16,888
Total administrative$17,788
The Maymead, Inc. 401(k) match · 2025
Employer contribution per active participant$1,326
Median for plans this size$1,464
2025$1,326 per active participant
2024$1,413 per active participant
2023$1,105 per active participant
2022$935 per active participant

Maymead, Inc.'s 2025 employer contribution ran below the $1,464 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 2025 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20251
CAPITAL RESEARCH & MANAGEMENT CO · Recordkeepingindirect comp

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

Recordkeeper by year3
2025CAPITAL RESEARCH & MANAGEMENT CO
2024CAPITAL RESEARCH & MANAGEMENT CO
2023CAPITAL RESEARCH & MANAGEMENT CO

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Administrative cost history4
2025$17,788 · 0.28%
2024$17,160 · 0.30%
2023$275 · 0.01%
2022$20,276 · 0.44%
Similar plansConstruction · Tennessee
Hayes Pipe Supply, Inc. TN$7.3M · 0.47%
Jones Contractors Inc. TN$7.3M · 0.22%
Geo Services, LLC TN$6.4M · 0.09%

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Source: U.S. Department of Labor, Form 5500 series, EIN 620284410 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.