Plan Ledger DOL Form 5500 · updated monthly

Morris-Shea Bridge Company, Inc.401(k)

MORRIS-SHEA BRIDGE CO., INC. 401(K) PROFIT SHARING PLAN · IRONDALE, AL · plan year 2024

Reported admin expense ratio · 2024
0.55%

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

Morris-Shea Bridge Company, Inc. reported $86,420 in plan administrative expenses for 2024: 0.55% of average plan assets, higher than ~75% of peers. Employer contributions averaged $4,211 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 rose from 0.16% to 0.55%. 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 335th-largest of 902 plans among Alabama employers on file, and the 2,269th of 5,337 in construction. In 2024, employees put in $1.53 for every $1.00 the employer contributed; active participation has shrunk from 360 to 254 since 2022.

Plan summary
Net assets, end of year$16,967,559
Participants with balances242
Active participants254
Employer contributions$1,069,556
Employee contributions$1,638,688
Employer contribution per active participant$4,211
Average account balance$70,114
Benefits paid to participants$1,715,266
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$17.0M · 242 accts · $1.1M emplr
2023$14.6M · 419 accts · $1.1M emplr
2022$11.5M · 332 accts · $640K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$86,420
Total administrative$86,420
The Morris-Shea Bridge Company, Inc. 401(k) match · 2024
Employer contribution per active participant$4,211
Median for plans this size$2,416
2024$4,211 per active participant
2023$3,037 per active participant
2022$1,777 per active participant

Morris-Shea Bridge 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.

Service providers · 20241
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$15,356

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

Administrative cost history3
2024$86,420 · 0.55%
2023$47,963 · 0.37%
2022$19,200 · 0.16%
Same employer
Similar plansConstruction · Alabama
Russell Lands, Inc. AL$20.6M · 0.53%
Airtek Construction Inc AL$19.3M · 0.63%
Jesse Stutts, Inc. AL$17.9M · 0.44%
Gulf Equipment Corporation AL$14.6M · 0.44%
Bright Future Electric, LLC AL$13.8M · 0.04%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 630575307 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.