Plan Ledger DOL Form 5500 · updated monthly

Talis Construction Corporation401(k)

TALIS CONSTRUCTION CORPORATION 401(K) PLAN · MESA, AZ · plan year 2024

Reported admin expense ratio · 2024
0.07%

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

Talis Construction Corporation reported $2,620 in plan administrative expenses for 2024: 0.07% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,464 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 0.15% to 0.07%. 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 Arizona (856th of 1,285), and 4,059th of 5,337 in construction. In 2024, employees put in $1.67 for every $1.00 the employer contributed; active participation has grown from 164 to 182 since 2022.

Plan summary
Net assets, end of year$4,724,793
Participants with balances129
Active participants182
Employer contributions$266,365
Employee contributions$444,567
Employer contribution per active participant$1,464
Average account balance$36,626
Benefits paid to participants$102,959
Plan auditDisclaimer of opinion
AuditorMANSPERGERS PATTERSON & MCMULLIN
Plan history3
Yearassets · accounts · employer contribution
2024$4.7M · 129 accts · $266K emplr
2023$3.0M · 123 accts · $216K emplr
2022$2.2M · 161 accts · $212K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$2,025
Investment management$420
Total administrative$2,620
The Talis Construction Corporation 401(k) match · 2024
Employer contribution per active participant$1,464
Median for plans this size$1,313
2024$1,464 per active participant
2023$1,235 per active participant
2022$1,292 per active participant

Talis Construction Corporation's 2024 employer contribution ran above 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
NOVA 401(K) ASSOCIATES · Contract administratorindirect 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$2,620 · 0.07%
2023$7,231 · 0.28%
2022$3,229 · 0.15%
Same employer
Similar plansConstruction · Arizona
Pvb Fabrications Inc AZ$4.9M · 0.88%
Tribal Health, LLC AZ$4.8M · 0.96%
New Electric, Inc. AZ$4.7M · 0.33%
Rural Electric, Inc. AZ$4.3M · 0.82%
Southwest Hazard Control AZ$4.3M · 0.14%
Agate, Inc. AZ$4.2M · 1.75%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 860786364 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.