Plan Ledger DOL Form 5500 · updated monthly

United Materials of Great FallsMoney purchase plan

MONTANA CONTRACTORS ASSOC, INC. MONEY PURCHASE RETIREMENT PLAN & TRUST · GREAT FALLS, MT · plan year 2024

Reported admin expense ratio · 2024
1.02%

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

United Materials of Great Falls reported $137,703 in plan administrative expenses for 2024: 1.02% of average plan assets, higher than ~90% of peers. Employer contributions averaged $3,763 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 rose from 0.97% to 1.02%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other construction employers. By assets it is the 99th-largest of 229 plans among Montana employers on file, and the 2,560th of 5,337 in construction.

Plan summary
Net assets, end of year$14,200,871
Participants with balances212
Active participants148
Employer contributions$556,905
Employee contributions—
Employer contribution per active participant$3,763
Average account balance$66,985
Benefits paid to participants$778,525
Plan auditUnmodified (clean) audit opinion
AuditorEIDE BAILLY LLP
Plan history3
Yearassets · accounts · employer contribution
2024$14.2M · 212 accts · $557K emplr
2023$12.7M · 216 accts · $475K emplr
2022$10.7M · 218 accts · $456K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$1,571
Investment management$70,043
Audit (IQPA)$2,616
Total administrative$137,703
Employer contributions to the United Materials of Great Falls plan · 2024
Employer contribution per active participant$3,763
Median for plans this size$2,416
2024$3,763 per active participant
2023$3,187 per active participant
2022$3,018 per active participant

United Materials of Great Falls's 2024 employer contribution ran above the $2,416 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 · 20246
ADMN COMMITTEE, MT CONTRACTORS ASSN · Plan administrator · Recordkeeping$41,350
CULLEN CAPITAL MANAGEMENT LLC · Investment management$21,157
BUCKLEY MAXWELL DIXON DOLEZAL PC · Legal$20,292
LOOMIS, SAYLES & COMPANY, L.P. · Investment management$18,696
MERRILL LYNCH, PIERCE, FENNER & SMI · Investment advisory (plan)$16,257
SEGALL BRYANT & HAMILL, LLC · Investment management$10,084

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

Recordkeeper by year2
2024ADMN COMMITTEE, MT CONTRACTORS ASSN
2023ADMN COMMITTEE, MT CONTRACTORS ASSN

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

Administrative cost history3
2024$137,703 · 1.02%
2023$134,641 · 1.15%
2022$116,750 · 0.97%
All plans at this employer2
MONTANA CONTRACTORS ASSOC, INC. MONEY PURCHASE RETIREMENT PLAN & TRUSTMoney purchase plan
MONTANA CONTRACTORS ASSOC, INC. 401(K) RETIREMENT PLAN & TRUST401(k)
Similar plansConstruction · Montana
Century Companies, Inc. MT$18.8M · 1.10%
Langlas & Associates, Inc. MT$17.8M · 0.18%
Loenbro, LLC. MT$17.3M · 0.67%
Alamon, Inc. MT$15.1M
Sbc, Inc. MT$12.7M · 0.61%
Martel Construction, Inc. MT$12.1M · 0.64%
Shelter West Construction, Inc. MT$12.0M · 0.06%
Williams Plumbing, Heating & Utilities, Inc. MT$10.5M · 0.24%

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Fee benchmarks by plan size

Source: U.S. Department of Labor, Form 5500 series, EIN 810406935 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.