Plan Ledger DOL Form 5500 · updated monthly

Temcon Concrete Construction Company401(k)

TEMCON CONCRETE CONSTRUCTION COMPANY 401(K) PLAN · TEMPE, AZ · plan year 2023

Reported admin expense ratio · 2023
0.06%

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

Temcon Concrete Construction Company reported $1,289 in plan administrative expenses for 2023: 0.06% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,032 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 fell from 0.48% to 0.06%. 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 Arizona (1,020th of 1,285), and 4,693rd of 5,337 in construction. In 2023, employees put in $2.15 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$2,442,582
Participants with balances105
Active participants98
Employer contributions$199,093
Employee contributions$427,164
Employer contribution per active participant$2,032
Average account balance$23,263
Benefits paid to participants$190,089
Plan auditUnmodified (clean) audit opinion
AuditorMANSPERGER,PATTERSON & MCMULLIN,PLC
Plan history3
Yearassets · accounts · employer contribution
2024$0 · $210K emplr
2023$2.4M · 105 accts · $199K emplr
2022$1.7M · 115 accts · $164K emplr
Administrative expenses, itemized · 2023
Investment management$1,289
Total administrative$1,289
The Temcon Concrete Construction Company 401(k) match · 2023
Employer contribution per active participant$2,032
Median for plans this size$1,308
2023$2,032 per active participant
2022$1,800 per active participant

Temcon Concrete Construction Company's 2023 employer contribution ran above 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.

Service providers · 20232
JULY BUSINESS SERVICES LLC · Recordkeeping$1,706
TRIBECA FINANCIAL, LLC · Investment advisory (plan)$14,719

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

Recordkeeper by year2
2024July Business Services
2023July Business Services

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

Administrative cost history3
2024Not separately reported
2023$1,289 · 0.06%
2022$7,741 · 0.48%
Similar plansConstruction · Arizona
Teracom Services, LLC AZ$2.8M · 0.85%
Elevation Solar LLC AZ$2.5M · 0.75%
Degan Construction, LLC AZ$2.4M · 0.05%
Home Brands Group LLC AZ$2.2M · 1.69%

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Source: U.S. Department of Labor, Form 5500 series, EIN 860286971 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.