Plan Ledger DOL Form 5500 · updated monthly

Mts Contracting, Inc.401(k)

MTS CONTRACTING PROFIT SHARING/401(K) PLAN · N KANSAS CITY, MO · plan year 2022

Reported admin expense ratio · 2022
0.51%

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

Mts Contracting, Inc. reported $41,825 in plan administrative expenses for 2022: 0.51% of average plan assets, above the peer median. Employer contributions averaged $2,159 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 $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in Missouri (969th of 1,393), and 3,516th of 5,337 in construction. In 2022, employees put in $1.59 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$7,327,202
Participants with balances92
Active participants92
Employer contributions$198,659
Employee contributions$315,023
Employer contribution per active participant$2,159
Average account balance$79,644
Benefits paid to participants$787,294
Plan auditUnmodified (clean) audit opinion
AuditorACORD COX & SCOTT, LLC
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$41,825
Total administrative$41,825
The Mts Contracting, Inc. 401(k) match · 2022
Employer contribution per active participant$2,159
Median for plans this size$1,114

Mts Contracting, Inc.'s 2022 employer contribution ran above the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$41,825 · 0.51%
Similar plansConstruction · Missouri
Hth Companies, Inc. MO$7.2M · 0.49%
Branco Enterprises, Inc. MO$7.1M · 0.65%

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Source: U.S. Department of Labor, Form 5500 series, EIN 431745990 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.