Plan Ledger DOL Form 5500 · updated monthly

Mechanical Partners, Inc.401(k)

MECHANICAL PARTNERS, INC. 401(K) PLAN · GARLAND, TX · plan year 2022

Reported admin expense ratio · 2022
0.06%

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

Mechanical Partners, Inc. reported $1,530 in plan administrative expenses for 2022: 0.06% of average plan assets, lower than ~75% of peers. Employer contributions averaged $0 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 Texas (4,833rd of 5,688), and 4,755th of 5,337 in construction.

Plan summary
Net assets, end of year$2,229,090
Participants with balances31
Active participants132
Employer contributions$0
Employee contributions$134,703
Employer contribution per active participant$0
Average account balance$71,906
Benefits paid to participants$190,665
Plan auditUnmodified (clean) audit opinion
AuditorBLACKBURN MAY & CO., L.L.P.
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$1,530
Total administrative$1,530
The Mechanical Partners, Inc. 401(k) match · 2022
Employer contribution per active participant$0
Median for plans this size$1,114

Mechanical Partners, Inc.'s 2022 employer contribution ran below the $1,114 median for plans its size, in the bottom 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$1,530 · 0.06%
Same employer
Similar plansConstruction · Texas
R&B Roofing, LLC TX$2.3M · 0.01%
Onyx Contractors, L.P. TX$2.2M · 0.20%
Bick Group Inc. TX$2.2M · 0.06%
Escobedo Construction, LP TX$2.2M · 0.64%
Tumlinson Electric TX$2.2M · 1.00%

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Source: U.S. Department of Labor, Form 5500 series, EIN 752892220 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.