Plan Ledger DOL Form 5500 · updated monthly

Venture Mechanical, Inc.401(k)

VENTURE MECHANICAL, INC. 401(K) PLAN · CARROLLTON, TX · plan year 2024

Reported admin expense ratio · 2024
0.39%

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

Venture Mechanical, Inc. reported $88,976 in plan administrative expenses for 2024: 0.39% of average plan assets, above the peer median. Employer contributions averaged $6,556 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 0.44% to 0.39%. 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 1,746th-largest of 5,688 plans among Texas employers on file, and the 1,751st of 5,337 in construction. In 2024, employees put in $1.21 for every $1.00 the employer contributed; active participation has shrunk from 160 to 138 since 2022.

Plan summary
Net assets, end of year$24,732,234
Participants with balances154
Active participants138
Employer contributions$904,668
Employee contributions$1,096,703
Employer contribution per active participant$6,556
Average account balance$160,599
Benefits paid to participants$1,050,043
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$24.7M · 154 accts · $905K emplr
2023$21.3M · 144 accts · $869K emplr
2022$17.3M · 137 accts · $774K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$88,976
Total administrative$88,976
The Venture Mechanical, Inc. 401(k) match · 2024
Employer contribution per active participant$6,556
Median for plans this size$2,416
2024$6,556 per active participant
2023$6,842 per active participant
2022$4,834 per active participant

Venture Mechanical, Inc.'s 2024 employer contribution ran above the $2,416 median for plans its size, placing it in the top 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20243
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$88,975
UBS FINANCIAL SERVICES INC · Investment advisory (plan)indirect comp
NOVA 401 (K) ASSOCIATES · Other servicesindirect 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$88,976 · 0.39%
2023$87,178 · 0.45%
2022$80,096 · 0.44%
Same employer
Similar plansConstruction · Texas
Airco Mechanical, LTD. TX$27.8M · 0.14%
Reece Albert, Inc. TX$25.1M · 0.45%
Big State Electric, LTD. TX$24.5M · 0.13%
Central Texas Iron Works TX$24.3M · 0.24%

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Source: U.S. Department of Labor, Form 5500 series, EIN 751466233 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.