Plan Ledger DOL Form 5500 · updated monthly

Mosaic Building Group, Inc.401(k)

MOSAIC BUILDING GROUP 401(K) PLAN · PHOENIX, AZ · plan year 2023

Reported admin expense ratio · 2023
0.79%

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

Mosaic Building Group, Inc. reported $15,401 in plan administrative expenses for 2023: 0.79% of average plan assets, above the peer median. Employer contributions averaged $1,798 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 2 years on file its reported administrative ratio fell from 1.97% to 1.25%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in Arizona (1,017th of 1,285), and 4,682nd of 5,337 in construction. In 2023, employees put in $6.89 for every $1.00 the employer contributed; active participation has shrunk from 95 to 56 since 2022.

Plan summary
Net assets, end of year$2,464,742
Participants with balances164
Active participants56
Employer contributions$100,678
Employee contributions$693,352
Employer contribution per active participant$1,798
Average account balance$15,029
Benefits paid to participants$394,819
Plan auditUnmodified (clean) audit opinion
AuditorKIMBERLIN COMPANY LLC
Plan history3
Yearassets · accounts · employer contribution
2024$2.0M · 98 accts · $64K emplr
2023$2.5M · 164 accts · $101K emplr
2022$1.4M · 161 accts · $137K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$6,522
Investment management$8,879
Total administrative$15,401
The Mosaic Building Group, Inc. 401(k) match · 2023
Employer contribution per active participant$1,798
Median for plans this size$1,308
2024$1,191 per active participant
2023$1,798 per active participant
2022$1,443 per active participant

Mosaic Building Group, Inc.'s 2023 employer contribution ran above the $1,308 median for plans its size. 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20232
THE VANGUARD GROUP, INC. · Loan processing · Recordkeeping$6,522
GLOBAL RETIREMENT PARTNERS · Investment advisory (plan)$8,879

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

Recordkeeper by year2
2024Vanguard
2023Vanguard

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

Administrative cost history3
2024$28,192 · 1.25%
2023$15,401 · 0.79%
2022$21,095 · 1.97%
Similar plansConstruction · Arizona
Midstate Mechanical, Inc. AZ$3.0M · 0.52%
Teracom Services, LLC AZ$2.8M · 0.85%
Elevation Solar LLC AZ$2.5M · 0.75%
Degan Construction, LLC AZ$2.4M · 0.05%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 474119508 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.