Plan Ledger DOL Form 5500 · updated monthly

Mechanical Control Solutions LLC401(k)

MECHANICAL CONTROL SOLUTIONS LLC RETIREMENT SAVINGS PLAN · ALBUQUERQUE, NM · plan year 2022

Reported admin expense ratio · 2022
1.94%

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

Mechanical Control Solutions LLC reported $63,706 in plan administrative expenses for 2022: 1.94% of average plan assets, higher than ~90% of peers. Employer contributions averaged $3,774 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 30,021 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in New Mexico (232nd of 290), and 4,700th of 5,337 in construction. In 2022, the employer put in $6.14 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$2,429,836
Participants with balances57
Active participants50
Employer contributions$188,691
Employee contributions$30,727
Employer contribution per active participant$3,774
Average account balance$42,629
Benefits paid to participants$1,182,906
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$18,476
Investment management$29,956
Professional / advisory$15,274
Total administrative$63,706
The Mechanical Control Solutions LLC 401(k) match · 2022
Employer contribution per active participant$3,774
Median for plans this size$1,114

Mechanical Control Solutions LLC's 2022 employer contribution ran above the $1,114 median for plans its size, placing it in the top quarter of its peers. 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$63,706 · 1.94%
Similar plansConstruction · New Mexico
Cambro Construction, Inc. NM$3.1M · 0.92%
Star Paving Company NM$1.4M · 1.03%
Runyan Construction, Inc. NM$1.3M · 1.25%
Burgos Holdings, LLC NM$1.2M · 0.07%

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Source: U.S. Department of Labor, Form 5500 series, EIN 260017818 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.