Plan Ledger DOL Form 5500 · updated monthly

Soderberg Masonry, Inc.401(k)

SODERBERG MASONRY, INC., 401(K) PLAN · FORT COLLINS, CO · plan year 2022

Reported admin expense ratio · 2022
0.83%

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

Soderberg Masonry, Inc. reported $24,886 in plan administrative expenses for 2022: 0.83% of average plan assets, higher than ~75% of peers. Employer contributions averaged $0 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in Colorado (1,212th of 1,461), and 4,592nd of 5,337 in construction.

Plan summary
Net assets, end of year$2,772,552
Participants with balances104
Active participants83
Employer contributions$0
Employee contributions$164,410
Employer contribution per active participant$0
Average account balance$26,659
Benefits paid to participants$193,295
Plan auditUnmodified (clean) audit opinion
AuditorMARTIN, VEJVODA & ASSOCIATES, I
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$13,727
Investment management$11,159
Total administrative$24,886
The Soderberg Masonry, Inc. 401(k) match · 2022
Employer contribution per active participant$0
Median for plans this size$1,114

Soderberg Masonry, Inc.'s 2022 employer contribution ran below the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$24,886 · 0.83%
Similar plansConstruction · Colorado
Ovation Plumbing, Inc. CO$2.8M · 0.13%
Xssentials LLC CO$2.5M · 0.10%
Courtesy Electric Co CO$2.4M · 0.07%
National Fire & Safety CO$2.3M · 1.09%

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Source: U.S. Department of Labor, Form 5500 series, EIN 840602726 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.