How much does Mdr Construction, Inc. contribute to its ESOP?

In 2024, employer contributions to the Mdr Construction, Inc. plan averaged $4,672 per active participant, above the $3,635 median for plans of similar size. Public filings report contribution dollars, not the match formula; the formula is in the plan's summary plan description.

What is the average account balance in the Mdr Construction, Inc. 401(k)?

The average participant account balance was $220,160 for plan year 2024, based on 818 accounts.

Mdr Construction, Inc.ESOP

Name: Mdr Construction, Inc. 401(k) plan: Form 5500 data
Creator: U.S. Department of Labor

MDR CONSTRUCTION, INC. EMPLOYEE STOCK OWNERSHIP PLAN · COLUMBIA, MS · plan year 2024

Employer contribution per participant · 2024

$4,672

Mdr Construction, Inc.'s 2024 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 $180,090,749 across 818 participant accounts, with employer contributions averaging $4,672 per active participant. See methodology for what Form 5500 does and doesn't capture.

The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other construction employers. By assets it is the 16th-largest of 367 plans among Mississippi employers on file, and the 375th of 5,337 in construction. active participation has grown from 349 to 613 since 2022.

Plan summary
Net assets, end of year$180,090,749
Participants with balances818
Active participants613
Employer contributions$2,864,125
Employee contributions—
Employer contribution per active participant$4,672
Average account balance$220,160
Benefits paid to participants$2,244,297
Plan auditUnmodified (clean) audit opinion
AuditorHOLT & ASSOCIATES, PLLC

Plan history3

Yearassets · accounts · employer contribution

2024$180.1M · 818 accts · $2.9M emplr

2023$91.9M · 645 accts · $2.5M emplr

2022$90.9M · 443 accts · $1.7M emplr

Employer contributions to the Mdr Construction, Inc. plan · 2024

Employer contribution per active participant$4,672

Median for plans this size$3,635

2024$4,672 per active participant

2023$4,806 per active participant

2022$4,962 per active participant

Mdr Construction, Inc.'s 2024 employer contribution ran above the $3,635 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.

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

2024Not separately reported

2023Not separately reported

2022Not separately reported

All plans at this employer2

MDR CONSTRUCTION, INC. EMPLOYEE STOCK OWNERSHIP PLANESOP

MDR CONSTRUCTION, INC. 401(K) PLAN401(k)

Same employer

Mdr Construction, Inc.'s health & benefits plan: carriers, premiums & broker pay

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Source: U.S. Department of Labor, Form 5500 series, EIN 640702292 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.