Plan Ledger DOL Form 5500 · updated monthly

Mechanical Labor Solutions, LLC401(k)

MECHANICAL LABOR SOLUTIONS RETIREMENT PLAN · PHOENIX, AZ · plan year 2022

Reported admin expense ratio · 2022
0.68%

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

Mechanical Labor Solutions, LLC reported $5,334 in plan administrative expenses for 2022: 0.68% of average plan assets, below the peer median. Employer contributions averaged $1,384 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 under $1M size bracket, benchmarked here against 4,041 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in Arizona (1,172nd of 1,285), and 5,147th of 5,337 in construction. In 2022, employees put in $1.04 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$822,894
Participants with balances127
Active participants86
Employer contributions$119,027
Employee contributions$123,365
Employer contribution per active participant$1,384
Average account balance$6,479
Benefits paid to participants$93,747
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$5,334
Total administrative$5,334
The Mechanical Labor Solutions, LLC 401(k) match · 2022
Employer contribution per active participant$1,384
Median for plans this size$331

Mechanical Labor Solutions, LLC's 2022 employer contribution ran above the $331 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$5,334 · 0.68%
Similar plansConstruction · Arizona
Erus Holdings, LLC AZ$957K · 1.53%
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Banker Industries, Inc. AZ$793K · 2.09%
America Roofing LLC AZ$685K · 1.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 823858012 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.