Plan Ledger DOL Form 5500 · updated monthly

Penhall International Corporation401(k)

PENHALL INTERNATIONAL CORP. AND AFFILIATED COMPANIES EMPLOYEES' PROFIT · IRVING, TX · plan year 2024

Reported admin expense ratio · 2024
0.72%

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

Penhall International Corporation reported $292,781 in plan administrative expenses for 2024: 0.72% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,159 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.

Across the 3 years on file its reported administrative ratio has held roughly steady near 0.72%. 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 1,175th-largest of 5,688 plans among Texas employers on file, and the 1,173rd of 5,337 in construction. In 2024, employees put in $3.32 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$43,250,283
Participants with balances1,054
Active participants866
Employer contributions$1,003,821
Employee contributions$3,331,936
Employer contribution per active participant$1,159
Average account balance$41,034
Benefits paid to participants$4,567,364
Plan auditUnmodified (clean) audit opinion
AuditorBAUER & COMPANY LLC
Plan history3
Yearassets · accounts · employer contribution
2024$43.3M · 1,054 accts · $1.0M emplr
2023$38.1M · 1,046 accts · $685K emplr
2022$33.3M · 1,014 accts · $523K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$237,882
Investment management$54,877
Total administrative$292,781
The Penhall International Corporation 401(k) match · 2024
Employer contribution per active participant$1,159
Median for plans this size$2,416
2024$1,159 per active participant
2023$948 per active participant
2022$642 per active participant

Penhall International Corporation'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 · 20243
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$244,670
MMA SECURITIES LLC · Investment advisory (plan)$42,127
BAUER & COMPANY,LLC · Investment advisory (plan)$12,750

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

Administrative cost history3
2024$292,781 · 0.72%
2023$257,506 · 0.72%
2022$258,384 · 0.71%
Same employer
Similar plansConstruction · Texas
Brightland Homes, LTD TX$42.4M · 0.44%
Hmt LLC TX$40.7M · 0.23%
Cummings Electrical, LP TX$39.4M · 0.51%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 330349226 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.