Plan Ledger DOL Form 5500 · updated monthly

Pyramid Masonry Contractors, Inc.401(k)

PYRAMID MASONRY CONTRACTORS, INC. 401(K) RETIREMENT PLAN · DECATUR, GA · plan year 2023

Reported admin expense ratio · 2023
0.57%

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

Pyramid Masonry Contractors, Inc. reported $40,701 in plan administrative expenses for 2023: 0.57% of average plan assets, above the peer median. Employer contributions averaged $608 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 0.49% to 0.55%. 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 Georgia (1,393rd of 2,160), and 3,429th of 5,337 in construction. In 2023, employees put in $6.47 for every $1.00 the employer contributed; active participation has shrunk from 113 to 99 since 2022.

Plan summary
Net assets, end of year$7,762,441
Participants with balances121
Active participants99
Employer contributions$60,162
Employee contributions$389,544
Employer contribution per active participant$608
Average account balance$64,152
Benefits paid to participants$313,628
Plan auditUnmodified (clean) audit opinion
AuditorHLB GROSS COLLINS PC
Plan history3
Yearassets · accounts · employer contribution
2024$7.5M · 112 accts · $56K emplr
2023$7.8M · 121 accts · $60K emplr
2022$6.6M · 123 accts · $57K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$40,701
Total administrative$40,701
The Pyramid Masonry Contractors, Inc. 401(k) match · 2023
Employer contribution per active participant$608
Median for plans this size$1,308
2024$531 per active participant
2023$608 per active participant
2022$506 per active participant

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

Service providers · 20233
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator$38,894
ERISA SERVICES INC · Contract administrator · Other services$2,195
RESOURCES INVESTMENT ADVISORS · Investment advisory (plan)indirect comp

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$42,222 · 0.55%
2023$40,701 · 0.57%
2022$34,099 · 0.49%
Similar plansConstruction · Georgia
Mortensen Woodwork, Inc. GA$8.7M · 0.52%
Npsg Global, LLC GA$8.0M · 0.44%
Bbs Enterprises, Inc GA$7.6M · 0.82%
Dco, Inc. GA$7.5M · 0.14%

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Source: U.S. Department of Labor, Form 5500 series, EIN 581269808 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.