Plan Ledger DOL Form 5500 · updated monthly

North Texas Contracting, Inc.401(k)

NORTH TEXAS CONTRACTING, INC 401(K) SAVINGS PLAN · KELLER, TX · plan year 2024

Reported admin expense ratio · 2024
0.86%

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

North Texas Contracting, Inc. reported $134,222 in plan administrative expenses for 2024: 0.86% of average plan assets, higher than ~90% of peers. Employer contributions averaged $879 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 7 years on file its reported administrative ratio has held roughly steady near 0.86%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other construction employers. By assets it is the 2,190th-largest of 5,688 plans among Texas employers on file, and the 2,209th of 5,337 in construction. In 2024, employees put in $2.34 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$17,660,457
Participants with balances639
Active participants728
Employer contributions$640,156
Employee contributions$1,496,965
Employer contribution per active participant$879
Average account balance$27,638
Benefits paid to participants$1,157,272
Plan auditUnmodified (clean) audit opinion
AuditorROBERT M. STEFANCIK, C.P.A
Plan history4
Yearassets · accounts · employer contribution
2024$17.7M · 639 accts · $640K emplr
2023$13.7M · 571 accts · $565K emplr
2022$11.0M · 505 accts · $474K emplr
2018$5.7M · 380 accts · $301K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$41,757
Investment management$92,465
Total administrative$134,222
The North Texas Contracting, Inc. 401(k) match · 2024
Employer contribution per active participant$879
Median for plans this size$2,416
2024$879 per active participant
2023$604 per active participant
2022$583 per active participant
2018$453 per active participant

North Texas Contracting, Inc.'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 · 20244
EMPOWER ADVISORY GROUP, LLC · Investment management$50,314
CETERA INVESTMENT ADVISERS LLC · Investment advisory (plan)$35,126
COMMERCE STREET INVESTMENT ADVISOR · Investment advisory (plan)$7,025

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

Administrative cost history4
2024$134,222 · 0.86%
2023$105,247 · 0.85%
2022$82,451 · 0.82%
2018$45,653 · 0.85%
Same employer
Similar plansConstruction · Texas
Parkway C & a, LP TX$18.4M · 0.64%
Troy Companies, LLC TX$18.4M · 0.76%
Pogue Construction Co., LP TX$17.9M · 0.60%
Anew Climate, LLC TX$17.7M · 0.49%
Long Lake, LTD. TX$17.0M · 0.33%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 752337696 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.