Plan Ledger DOL Form 5500 · updated monthly

Mortgage Contracting Services, LLC401(k)

MORTGAGE CONTRACTING SERVICES 401(K) PLAN · LEWISVILLE, TX · plan year 2024

Reported admin expense ratio · 2024
0.11%

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

Mortgage Contracting Services, LLC reported $14,024 in plan administrative expenses for 2024: 0.11% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,031 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 0.12% to 0.11%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other real estate & leasing employers. By assets it is the 2,535th-largest of 5,688 plans among Texas employers on file, and the 889th of 2,096 in real estate & leasing. In 2024, employees put in $2.14 for every $1.00 the employer contributed; active participation has grown from 383 to 492 since 2022.

Plan summary
Net assets, end of year$14,055,415
Participants with balances304
Active participants492
Employer contributions$507,008
Employee contributions$1,087,215
Employer contribution per active participant$1,031
Average account balance$46,235
Benefits paid to participants$1,310,045
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$14.1M · 304 accts · $507K emplr
2023$11.0M · 274 accts · $384K emplr
2022$10.3M · 284 accts · $363K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$7,977
Investment management$6,047
Total administrative$14,024
The Mortgage Contracting Services, LLC 401(k) match · 2024
Employer contribution per active participant$1,031
Median for plans this size$2,416
2024$1,031 per active participant
2023$914 per active participant
2022$948 per active participant

Mortgage Contracting Services, LLC's 2024 employer contribution ran below the $2,416 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
ALERUS FINANCIAL, N.A. · Recordkeeping · Trustee$14,024

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

Recordkeeper by year2
2024Alerus
2023Alerus

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$14,024 · 0.11%
2023$14,314 · 0.13%
2022$14,323 · 0.12%
Same employer
Similar plansReal Estate & Leasing · Texas
Midway Holdings, LP TX$15.4M · 0.10%
Crimson Capital LTD TX$15.3M · 0.01%
Trademark Property Company TX$14.9M · 0.29%
Spirit Realty Capital, Inc. TX$13.5M · 0.65%
Buxton Company TX$13.1M · 0.51%

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Source: U.S. Department of Labor, Form 5500 series, EIN 202942221 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.