Plan Ledger DOL Form 5500 · updated monthly

S Y B Construction Company, Inc.401(k)

S Y B CONSTRUCTION CO., INC 401(K) PLAN & TRUST · IRVING, TX · plan year 2024

Reported admin expense ratio · 2024
0.06%

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

S Y B Construction Company, Inc. reported $2,711 in plan administrative expenses for 2024: 0.06% of average plan assets, lower than ~75% of peers. Employer contributions averaged $974 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 fell from 0.44% to 0.06%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in Texas (4,009th of 5,688), and 3,952nd of 5,337 in construction. In 2024, employees put in $1.37 for every $1.00 the employer contributed; active participation has grown from 276 to 324 since 2022.

Plan summary
Net assets, end of year$5,166,918
Participants with balances134
Active participants324
Employer contributions$315,512
Employee contributions$432,835
Employer contribution per active participant$974
Average account balance$38,559
Benefits paid to participants$229,853
Plan auditUnmodified (clean) audit opinion
AuditorSMITH, JACKSON, BOYER AND BOVARD
Plan history3
Yearassets · accounts · employer contribution
2024$5.2M · 134 accts · $316K emplr
2023$4.0M · 125 accts · $256K emplr
2022$3.1M · 107 accts · $220K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$2,660
Investment management$51
Total administrative$2,711
The S Y B Construction Company, Inc. 401(k) match · 2024
Employer contribution per active participant$974
Median for plans this size$1,313
2024$974 per active participant
2023$802 per active participant
2022$796 per active participant

S Y B Construction Company, Inc.'s 2024 employer contribution ran below the $1,313 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20241
THE VANGUARD GROUP, INC. · Loan processing · Recordkeeping$2,660

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

Recordkeeper by year2
2024Vanguard
2023Vanguard

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$2,711 · 0.06%
2023$1,912 · 0.05%
2022$13,784 · 0.44%
Same employer
Similar plansConstruction · Texas
Rago, LTD. TX$5.3M · 0.75%
Windsor America LLC TX$5.3M · 0.27%
Envirocon Systems, Inc. TX$5.2M · 0.07%
Trio Electric, LTD. TX$5.2M · 0.92%
L. H. Lacy Company, LTD. TX$5.1M · 0.54%
Rawson Saunders School TX$5.1M · 0.31%

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Source: U.S. Department of Labor, Form 5500 series, EIN 752053952 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.