Plan Ledger DOL Form 5500 · updated monthly

W.W. Gay Mechanical Contractor, IncESOP

W.W. GAY MECHANICAL CONTRACTOR, INC. EMPLOYEE STOCK OWNERSHIP PLAN & TRUST · JACKSONVILLE, FL · plan year 2024

Reported admin expense ratio · 2024
0.00%

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

W.W. Gay Mechanical Contractor, Inc reported $1,525 in plan administrative expenses for 2024: 0.00% of average plan assets, lower than ~75% of peers. Employer contributions averaged $16,827 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 rose from 0.001% to 0.002%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other construction employers. By assets it is the 315th-largest of 3,644 plans among Florida employers on file, and the 608th of 5,337 in construction.

Plan summary
Net assets, end of year$101,286,926
Participants with balances280
Active participants208
Employer contributions$3,500,000
Employee contributions—
Employer contribution per active participant$16,827
Average account balance$361,739
Benefits paid to participants$7,798,880
Plan auditUnmodified (clean) audit opinion
AuditorBERMAN HOPKINS WRIGHT & LAHAM LLP
Plan history3
Yearassets · accounts · employer contribution
2024$101.3M · 280 accts · $3.5M emplr
2023$78.4M · 288 accts · $3.0M emplr
2022$67.9M · 306 accts · $2.5M emplr
Employer contributions to the W.W. Gay Mechanical Contractor, Inc plan · 2024
Employer contribution per active participant$16,827
Median for plans this size$3,635
2024$16,827 per active participant
2023$15,152 per active participant
2022$12,019 per active participant

W.W. Gay Mechanical Contractor, Inc's 2024 employer contribution ran above the $3,635 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.

Administrative cost history3
2024$1,525 · 0.00%
2023$493 · 0.00%
2022Not separately reported
Same employer
Similar plansConstruction · Florida
Energy Air, Inc. FL$115.9M · 0.01%
Miller Electric Company FL$107.8M · 0.06%
B & I Contractors, Inc. FL$101.7M · 0.18%
Vecellio Group, Inc. FL$93.9M · 0.17%

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Source: U.S. Department of Labor, Form 5500 series, EIN 590977396 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.