Plan Ledger DOL Form 5500 · updated monthly

Meyers Constructors, Inc.401(k)

MEYERS CONSTRUCTORS, INC. 401(K) PLAN · FRESNO, CA · plan year 2025

Reported admin expense ratio · 2025
0.64%

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

Meyers Constructors, Inc. reported $38,800 in plan administrative expenses for 2025: 0.64% of average plan assets, above the peer median. Employer contributions averaged $8,798 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 3 years on file its reported administrative ratio rose from 0.31% to 0.64%. The plan sits in the $1M–$10M size bracket, benchmarked here against 809 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in California (6,468th of 9,483), and 3,653rd of 5,337 in construction. In 2025, the employer put in $2.42 for every $1.00 employees contributed themselves; active participation has grown from 96 to 111 since 2022.

Plan summary
Net assets, end of year$6,577,692
Participants with balances146
Active participants111
Employer contributions$976,561
Employee contributions$403,733
Employer contribution per active participant$8,798
Average account balance$45,053
Benefits paid to participants$1,196,444
Plan auditUnmodified (clean) audit opinion
Plan history4
Yearassets · accounts · employer contribution
2025$6.6M · 146 accts · $977K emplr
2024$5.5M · 142 accts · $1.1M emplr
2023$4.5M · 154 accts · $1.1M emplr
2022$3.9M · 128 accts · $799K emplr
Administrative expenses, itemized · 2025
Recordkeeping & contract admin$38,800
Total administrative$38,800
The Meyers Constructors, Inc. 401(k) match · 2025
Employer contribution per active participant$8,798
Median for plans this size$1,464
2025$8,798 per active participant
2024$10,339 per active participant
2023$9,143 per active participant
2022$8,319 per active participant

Meyers Constructors, Inc.'s 2025 employer contribution ran above the $1,464 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 2025 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history4
2025$38,800 · 0.64%
2024$34,910 · 0.70%
2023$17,704 · 0.42%
2022$12,804 · 0.31%
Same employer
Similar plansConstruction · California
S.C. Anderson, Inc. CA$6.8M · 0.98%
Lonestar Construction CA$6.8M · 1.96%
E. Turman & Company, Inc. CA$6.5M · 0.40%
T.B. Penick & Sons, Inc. CA$6.4M · 0.74%

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Source: U.S. Department of Labor, Form 5500 series, EIN 473332724 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.