Modern Plumbing Industries, Inc.401(k)

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

Modern Plumbing Industries, Inc. reported $45,993 in plan administrative expenses for 2024: 0.76% of average plan assets, above the peer median. Employer contributions averaged $2,441 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 has held roughly steady near 0.76%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in Florida (2,220th of 3,644), and 3,641st of 5,337 in construction. In 2024, employees put in $1.59 for every $1.00 the employer contributed; active participation has grown from 97 to 110 since 2022.