Plan Ledger DOL Form 5500 · updated monthly

MC2 Civil, LLC401(k)

MC2 CIVIL, LLC 401(K) PLAN · HOUSTON, TX · plan year 2024

Reported admin expense ratio · 2024
0.94%

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

MC2 Civil, LLC reported $85,026 in plan administrative expenses for 2024: 0.94% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,606 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 Texas (2,986th of 5,688), and 3,013th of 5,337 in construction. In 2024, employees put in $2.14 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$10,547,817
Participants with balances206
Active participants358
Employer contributions$575,110
Employee contributions$1,232,032
Employer contribution per active participant$1,606
Average account balance$51,203
Benefits paid to participants$215,759
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$85,026
Total administrative$85,026
The MC2 Civil, LLC 401(k) match · 2024
Employer contribution per active participant$1,606
Median for plans this size$1,313

MC2 Civil, LLC'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 · 20244
JOHN HANCOCK LIFE INSURANCE COMPANY · Recordkeeping · Investment managementindirect comp
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$22,996
LOREN D. STARK COMPANY · Contract administrator · Other services$2,303
MANSKE WEALTH MANAGEMENT, LLC · Investment advisory (plan)indirect comp

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$85,026 · 0.94%
Same employer
Similar plansConstruction · Texas
Thos. S. Byrne, Inc. TX$10.9M · 0.39%
Seatrium Amfels, Inc. TX$10.9M · 0.74%
Pinnergy, LTD. TX$10.8M · 0.50%
Gulfspan Industrial, LLC TX$10.7M · 0.27%
Harper Systems, Inc. TX$10.3M · 0.46%

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Source: U.S. Department of Labor, Form 5500 series, EIN 542073440 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.