Plan Ledger DOL Form 5500 · updated monthly

Performance Blasting & Coating, LP401(k)

PERFORMANCE BLASTING & COATING INC 401K PLAN · PORT ARTHUR, TX · plan year 2022

Reported admin expense ratio · 2022
0.56%

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

Performance Blasting & Coating, LP reported $37,899 in plan administrative expenses for 2022: 0.56% of average plan assets, above the peer median. Employer contributions averaged $1,386 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 Texas (3,767th of 5,688), and 3,718th of 5,337 in construction. In 2022, employees put in $2.25 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$6,226,615
Participants with balances41
Active participants117
Employer contributions$162,163
Employee contributions$365,230
Employer contribution per active participant$1,386
Average account balance$151,869
Benefits paid to participants$152,458
Plan auditUnmodified (clean) audit opinion
AuditorLAWRENCE BLACKBURN MEEK MAXEY & CO
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$21,355
Investment management$15,594
Professional / advisory$950
Total administrative$37,899
The Performance Blasting & Coating, LP 401(k) match · 2022
Employer contribution per active participant$1,386
Median for plans this size$1,114

Performance Blasting & Coating, LP's 2022 employer contribution ran above the $1,114 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$37,899 · 0.56%
Similar plansConstruction · Texas
The Levy Company, Inc. TX$6.5M · 0.50%
Ckm Industries, Inc. TX$6.5M · 0.60%
Binkley & Barfield, Inc. TX$6.2M · 1.04%
Rnwbl, LLC TX$6.1M · 0.92%

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Source: U.S. Department of Labor, Form 5500 series, EIN 760237650 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.