Plan Ledger DOL Form 5500 · updated monthly

Messer Construction Co.401(k)

MESSER CONSTRUCTION CO. 401(K) SAVINGS PLAN · CINCINNATI, OH · plan year 2024

Reported admin expense ratio · 2024
0.02%

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

Messer Construction Co. reported $16,302 in plan administrative expenses for 2024: 0.02% 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.

Across the 2 years on file its reported administrative ratio fell from 0.05% to 0.02%. 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 392nd-largest of 3,295 plans among Ohio employers on file, and the 660th of 5,337 in construction. active participation has grown from 1,296 to 1,458 since 2022.

Plan summary
Net assets, end of year$91,995,843
Participants with balances763
Active participants1,458
Employer contributions$0
Employee contributions$4,533,253
Employer contribution per active participant$0
Average account balance$120,571
Benefits paid to participants$13,280,754
Plan auditUnmodified (clean) audit opinion
AuditorPARMS & COMPANY, LLC
Plan history3
Yearassets · accounts · employer contribution
2024$92.0M · 763 accts
2023$75.9M · 731 accts
2022$61.8M · 714 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$16,302
Total administrative$16,302
The Messer Construction Co. 401(k) match · 2024
Employer contribution per active participant$0
Median for plans this size$3,635

Messer Construction Co.'s 2024 employer contribution ran below the $3,635 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20241
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$16,302

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024Principal
2023PNC - INVESTMENT MANAGEMENT, Principal

This plan has changed recordkeepers within these filings. If you left Messer Construction Co. before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$16,302 · 0.02%
2023$15,035 · 0.02%
2022$31,225 · 0.05%
All plans at this employer2
MESSER CONSTRUCTION CO. HOURLY EMPLOYEES' RETIREMENT PLANProfit-sharing plan
MESSER CONSTRUCTION CO. 401(K) SAVINGS PLAN401(k)
Same employer
Similar plansConstruction · Ohio
Airtron LLC OH$87.7M · 0.00%
Vaughn Industries, LLC OH$87.5M · 0.28%

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Source: U.S. Department of Labor, Form 5500 series, EIN 310740877 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.