Retirement plan

MATOUS CONSTRUCTION CO., INC. 401(K) PLAN

Name: MATOUS CONSTRUCTION CO., INC. - MATOUS CONSTRUCTION CO., INC. 401(K) PLAN (2024) Form 5500
Creator: MATOUS CONSTRUCTION CO., INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, MATOUS CONSTRUCTION CO., INC. 401(K) PLAN, MATOUS CONSTRUCTION CO., INC.

MATOUS CONSTRUCTION CO., INC.EIN 74-2505354Plan #001PY 2024

8602 STATE HWY 317 - BELTON, TX 765135315999-999-9999matousconstruction.comLinkedIn51-200 employeesconstruction

Prospect flagsLow participation

How to read this page

Total assets (EOY)

$4.1M

+20.7% from 2023

Total participants

122

+16.2% from 2023

Average account balance

$106,225

-19.6% from 2023

Annual return

12.06%

-3.07 pp from 2023

Benchmarks

See 3,448 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants100-249

Cohort3,448 peers

Snapshot2024

Free accounts unlock saves, downloads, and 3-year history.

Analytics

Total assets (EOY)

Plan-year ending balance

$4.14M

Not enough data

1 years with asset history on file

Average account balance

Total assets / participants with a balance (line 6g)

$106K

Not enough data

1 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

Not enough data

1 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

34.8%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$300K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$3K

Not enough data

1 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+12.06%

Not enough data

1 years with return on file

Admin fee / account holder

Total admin expenses / participants with a balance (line 6g)

$165

Not enough data

1 years with admin cost on file

Asset composition

Cash / stocks / bonds / mutual funds / real estate / loans over time

Not enough data

0 years with F_SCH_H allocation on file

Free accounts unlock saves, downloads, and 3-year history.

Service providers

Providers data not reported

Schedule C was not filed on this plan's most recent Form 5500, so no compensated service providers are available to display.

Plan features & details

Pension benefit codes2E2F2G2J2T3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
2F
ERISA section 404(c) plan
This plan or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1 (shifting investment responsibility to participants).
2G
Total participant-directed account plan
Participants have the opportunity to direct the investment of all of the assets allocated to their individual accounts regardless of whether 29 CFR 2550.404c-1 is intended to be met.
2J
Code section 401(k) feature
Cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan under which employees may elect to defer part of their compensation or receive these amounts in cash.
2T
Default investment account
Total or partial participant-directed account plan where plan uses a default investment account for participants who fail to direct assets in their account.
3D
Pre-approved pension plan
A master prototype or volume submitter plan that is the subject of a favorable opinion or advisory letter from the IRS.

Opportunity flags

1 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.

Expense breakdown

Schedule H Part II

Admin total

$6K

$58 / participant

Other / not subdivided$6K100.0%

% of EOY assets

0.156%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

No opinion code on file for this filing.

Auditor firm: (not reported)
Auditor EIN: -
Audit fees: (not subdivided)
Opinion code: -

Metric

This plan

Peer set

Industry

Size

Avg account balance

$106,225

$80,731+31.6%

$103,378+2.8%

$74,400+42.8%

Participation rate

25.9%

65.7%-39.8pp

74.5%-48.6pp

67.2%-41.3pp

Annual return

12.06%

27.56%-15.5pp

24.91%-12.8pp

1367.51%-1355.4pp

Employer contribution / active EE

$790

$3,159-75.0%

$3,870-79.6%

$2,624-69.9%

Participant deferral / active EE

$1,884

$3,862-51.2%

$5,058-62.7%

$4,348-56.7%

Admin fee / account holder

$165

$2,369-93.0%

$8,401-98.0%

$1,944-91.5%

MATOUS CONSTRUCTION CO., INC. 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

MATOUS CONSTRUCTION CO., INC. 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion