Plan Ledger DOL Form 5500 · updated monthly

Schuber Mitchell Homes Pbc, Inc.401(k) + ESOP (KSOP)

SCHUBER MITCHELL HOMES RETIREMENT SAVINGS PLAN · JOPLIN, MO · plan year 2024

Reported admin expense ratio · 2024
0.05%

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

Schuber Mitchell Homes Pbc, Inc. reported $37,447 in plan administrative expenses for 2024: 0.05% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,705 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 0.11% to 0.05%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other construction employers. By assets it is the 184th-largest of 1,393 plans among Missouri employers on file, and the 596th of 5,337 in construction. In 2024, the employer put in $2.76 for every $1.00 employees contributed themselves; active participation has grown from 154 to 239 since 2022.

Plan summary
Net assets, end of year$103,044,018
Participants with balances266
Active participants239
Employer contributions$646,528
Employee contributions$233,930
Employer contribution per active participant$2,705
Average account balance$387,384
Benefits paid to participants$1,509,796
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$103.0M · 266 accts · $647K emplr
2023$44.4M · 114 accts · $544K emplr
2022$14.8M · 191 accts · $307K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$32,732
Investment management$4,670
Total administrative$37,447
The Schuber Mitchell Homes Pbc, Inc. 401(k) match · 2024
Employer contribution per active participant$2,705
Median for plans this size$3,635
2024$2,705 per active participant
2023$2,475 per active participant
2022$1,996 per active participant

Schuber Mitchell Homes Pbc, Inc.'s 2024 employer contribution ran below the $3,635 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 · 20243
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$32,731
CETERA INVESTMENT ADVISERS LLC · Investment advisory (plan)indirect comp
WILSHIRE ADVISORS LLC · 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$37,447 · 0.05%
2023$32,879 · 0.11%
2022$23,281 · 0.11%
Similar plansConstruction · Missouri
Murphy Corporation MO$94.0M · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 844858112 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.