Plan Ledger DOL Form 5500 · updated monthly

Perry & Perry Builders, Inc.401(k)

THE CONTRACTORS RETIREMENT PLAN · ROCKDALE, TX · plan year 2023

Reported admin expense ratio · 2023
1.05%

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

Perry & Perry Builders, Inc. reported $14,000 in plan administrative expenses for 2023: 1.05% of average plan assets, higher than ~75% of peers. Employer contributions averaged $996 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 1 year on file its reported administrative ratio fell from 1.36% to 1.05%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in Texas (5,061st of 5,688), and 4,942nd of 5,337 in construction. In 2023, the employer put in $2.13 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$1,603,705
Participants with balances286
Active participants226
Employer contributions$225,203
Employee contributions$105,781
Employer contribution per active participant$996
Average account balance$5,607
Benefits paid to participants$17,694
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2023$1.6M · 286 accts · $225K emplr
2022$1.1M · 224 accts · $30K emplr
Administrative expenses, itemized · 2023
Audit (IQPA)$14,000
Total administrative$14,000
The Perry & Perry Builders, Inc. 401(k) match · 2023
Employer contribution per active participant$996
Median for plans this size$1,308
2023$996 per active participant
2022$184 per active participant

Perry & Perry Builders, Inc.'s 2023 employer contribution ran below the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history2
2023$14,000 · 1.05%
2022$14,000 · 1.36%
Same employer
Similar plansConstruction · Texas
Lmi Painting, LLC TX$1.6M · 0.54%
Skihi Enterprises, LTD. TX$1.6M · 0.04%
The Demo Company, LLC TX$1.6M · 0.19%
Custom Bilt Holdings, LLC TX$1.5M · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 742047213 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.