Plan Ledger DOL Form 5500 · updated monthly

Mid-Continental Restoration Company, IncESOP

MID-CONTINENTAL RESTORATION COMPANY, INC. EMPLOYEES STOCK OWNERSHIP PLAN AND TRUST · FORT SCOTT, KS · plan year 2024

Reported admin expense ratio · 2024
0.00%

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

Mid-Continental Restoration Company, Inc reported $368 in plan administrative expenses for 2024: 0.00% of average plan assets, lower than ~75% of peers. Employer contributions averaged $5,145 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 0.003% to 0.002%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other construction employers. By assets it is the 268th-largest of 828 plans among Kansas employers on file, and the 1,829th of 5,337 in construction.

Plan summary
Net assets, end of year$23,142,102
Participants with balances266
Active participants193
Employer contributions$993,068
Employee contributions—
Employer contribution per active participant$5,145
Average account balance$87,000
Benefits paid to participants$705,931
Plan auditUnmodified (clean) audit opinion
AuditorJARRED, GILMORE, AND PHILLIPS P. A
Plan history3
Yearassets · accounts · employer contribution
2024$23.1M · 266 accts · $993K emplr
2023$20.0M · 251 accts · $1.5M emplr
2022$15.3M · 256 accts · $786K emplr
Employer contributions to the Mid-Continental Restoration Company, Inc plan · 2024
Employer contribution per active participant$5,145
Median for plans this size$2,416
2024$5,145 per active participant
2023$7,529 per active participant
2022$4,273 per active participant

Mid-Continental Restoration Company, Inc's 2024 employer contribution ran above the $2,416 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history3
2024$368 · 0.00%
2023$371 · 0.00%
2022$370 · 0.00%
All plans at this employer2
MID-CONTINENTAL RESTORATION COMPANY, INC. EMPLOYEES STOCK OWNERSHIP PLAN AND TRUSTESOP
MID-CONTINENTAL RESTORATION COMPANY, INC. 401(K) PLAN401(k)
Same employer
Similar plansConstruction · Kansas
Hutton Corporation KS$25.0M · 0.43%
Geiger Ready-Mix Co., Inc. KS$24.4M · 0.32%
Key Construction, Inc. KS$18.9M · 0.47%

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Source: U.S. Department of Labor, Form 5500 series, EIN 480618497 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.