Plan Ledger DOL Form 5500 · updated monthly

McInnis Brothers Construction, Inc.ESOP

MCINNIS BROTHERS CONSTRUCTION, INC. EMPLOYEE STOCK OWNERSHIP PLAN · MINDEN, LA · plan year 2022

Employer contribution per participant · 2022
$1,433

McInnis Brothers Construction, Inc.'s 2022 Form 5500 did not separately report plan administrative expenses, which is common where recordkeeping is paid through investment revenue-sharing or a master trust. The plan held $1,367,827 across 124 participant accounts, with employer contributions averaging $1,433 per active participant. See methodology for what Form 5500 does and doesn't capture.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in Louisiana (794th of 884), and 5,006th of 5,337 in construction.

Plan summary
Net assets, end of year$1,367,827
Participants with balances124
Active participants44
Employer contributions$63,057
Employee contributions—
Employer contribution per active participant$1,433
Average account balance$11,031
Benefits paid to participants$122,643
Plan auditUnmodified (clean) audit opinion
AuditorEISNERAMPER
Plan history3
Yearassets · accounts · employer contribution
2024$1.3M · 95 accts · $61K emplr
2023$888K · 111 accts · $79K emplr
2022$1.4M · 124 accts · $63K emplr
Employer contributions to the McInnis Brothers Construction, Inc. plan · 2022
Employer contribution per active participant$1,433
Median for plans this size$1,114
2024$1,915 per active participant
2023$2,026 per active participant
2022$1,433 per active participant

McInnis Brothers Construction, Inc.'s 2022 employer contribution ran above the $1,114 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.

Administrative cost history3
2024$75 · 0.01%
2023Not separately reported
2022Not separately reported
Same employer
Similar plansConstruction · Louisiana
Creel Brothers, Inc. LA$1.7M · 1.12%
Module X Solutions, LLC LA$881K · 2.27%
Brown Industries LA$879K · 0.51%

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Source: U.S. Department of Labor, Form 5500 series, EIN 720633245 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.