Plan Ledger DOL Form 5500 · updated monthly

Scottco Mechanical Contractors, Inc.ESOP

SCOTTCO MECHANICAL CONTRACTORS, INC. EMPLOYEE STOCK OWNERSHIP PLAN · AMARILLO, TX · plan year 2023

Reported admin expense ratio · 2023
0.04%

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

Scottco Mechanical Contractors, Inc. reported $750 in plan administrative expenses for 2023: 0.04% of average plan assets, lower than ~75% of peers. Employer contributions averaged $939 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 rose from 0.03% to 0.04%. 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 (4,891st of 5,688), and 4,803rd of 5,337 in construction.

Plan summary
Net assets, end of year$2,078,208
Participants with balances165
Active participants58
Employer contributions$54,439
Employee contributions$0
Employer contribution per active participant$939
Average account balance$12,595
Benefits paid to participants$124,439
Plan auditUnmodified (clean) audit opinion
AuditorSTEWART, MARTIN, DUDLEY, & WEBB, PC
Plan history2
Yearassets · accounts · employer contribution
2023$2.1M · 165 accts · $54K emplr
2022$2.1M · 175 accts · $141K emplr
Administrative expenses, itemized · 2023
Investment management$750
Total administrative$750
Employer contributions to the Scottco Mechanical Contractors, Inc. plan · 2023
Employer contribution per active participant$939
Median for plans this size$1,308
2023$939 per active participant
2022$2,271 per active participant

Scottco Mechanical Contractors, 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$750 · 0.04%
2022$750 · 0.03%
Similar plansConstruction · Texas
Q Vest, Inc. TX$2.1M · 0.54%
Impression Homes, LLC TX$2.1M · 0.43%
Allen Keller Co. 1, LLC TX$2.1M · 0.10%
Mimbela Contractors, Inc. TX$2.0M · 0.96%
Jsr, Inc. TX$2.0M · 0.63%
Cec Energy Services, LLC TX$2.0M · 2.33%

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Source: U.S. Department of Labor, Form 5500 series, EIN 751855478 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.