Plan Ledger DOL Form 5500 · updated monthly

Mumford & Miller Concrete, Inc.401(k)

MUMFORD & MILLER 401(K) PROFIT SHARING PLAN · MIDDLETOWN, DE · plan year 2022

Reported admin expense ratio · 2022
0.37%

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

Mumford & Miller Concrete, Inc. reported $59,780 in plan administrative expenses for 2022: 0.37% of average plan assets, above the peer median. Employer contributions averaged $5,868 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 0.37% to 0.41%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,806 comparable plans and shown alongside other construction employers. By assets it is the 121st-largest of 242 plans among Delaware employers on file, and the 2,467th of 5,337 in construction. In 2022, the employer put in $1.76 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$15,028,936
Participants with balances261
Active participants104
Employer contributions$610,279
Employee contributions$346,462
Employer contribution per active participant$5,868
Average account balance$57,582
Benefits paid to participants$741,616
Plan auditUnmodified (clean) audit opinion
AuditorHORTY & HORTY, P.A.
Plan history3
Yearassets · accounts · employer contribution
2024$14.7M · 288 accts · $761K emplr
2023$13.4M · 259 accts · $688K emplr
2022$15.0M · 261 accts · $610K emplr
Administrative expenses, itemized · 2022
Investment management$59,780
Total administrative$59,780
The Mumford & Miller Concrete, Inc. 401(k) match · 2022
Employer contribution per active participant$5,868
Median for plans this size$2,266
2024$7,316 per active participant
2023$7,171 per active participant
2022$5,868 per active participant

Mumford & Miller Concrete, Inc.'s 2022 employer contribution ran above the $2,266 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 history3
2024$57,699 · 0.41%
2023$52,435 · 0.37%
2022$59,780 · 0.37%
Same employer
Similar plansConstruction · Delaware
Schell Brothers, LLC DE$15.4M · 0.45%
Apex Piping Systems, Inc. DE$15.3M · 0.21%
Nickle Electrical Companies DE$15.2M · 0.03%
County Insulation Company DE$12.7M · 0.37%
Capano Management Company DE$11.6M · 0.62%
Intelgica, Inc. DE$11.5M · 0.44%

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Source: U.S. Department of Labor, Form 5500 series, EIN 510291685 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.