Plan Ledger DOL Form 5500 · updated monthly

Msf Electric, Inc.401(k)

MSF ELECTRIC, INC. 401(K) PLAN · STAFFORD, TX · plan year 2022

Reported admin expense ratio · 2022
0.15%

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

Msf Electric, Inc. reported $621 in plan administrative expenses for 2022: 0.15% of average plan assets, lower than ~75% of peers. Employer contributions averaged $285 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.

The plan sits in the under $1M size bracket, benchmarked here against 4,041 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in Texas (5,488th of 5,688), and 5,238th of 5,337 in construction. In 2022, employees put in $5.13 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$422,366
Participants with balances72
Active participants253
Employer contributions$72,074
Employee contributions$369,610
Employer contribution per active participant$285
Average account balance$5,866
Benefits paid to participants$2,489
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$275
Investment management$346
Total administrative$621
The Msf Electric, Inc. 401(k) match · 2022
Employer contribution per active participant$285
Median for plans this size$331

Msf Electric, Inc.'s 2022 employer contribution ran below the $331 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$621 · 0.15%
Same employer
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Claremont Property Co. TX$590K · 0.14%
Trismart Solar LLC TX$558K · 3.15%
F.W. Walton, Inc TX$445K · 1.64%
Redden Concrete Inc. TX$410K · 0.33%
Bbb Tank Services LLC TX$407K · 2.76%
Pci Construction, Inc. TX$395K · 0.22%

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Source: U.S. Department of Labor, Form 5500 series, EIN 205994162 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.