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Benchmarking Murphy Tower Service, LLC 401(K) Plan in Carlisle, IA against all plans

 

Murphy Tower Service, LLC 401(K) Plan in Carlisle, IA has the 11th-highest total administrative expense ratio (1.063%) among the 106 plans whose industry group is Other Heavy and Civil Engineering Construction. That 1.063% compares to an average of 0.510% across those 106 plans.

Reaching the average of 0.510% would imply a savings of $23,847 in total administrative expenses.

Note: total administrative expense ratio =
(100 * total administrative expenses) ÷ total assets

Murphy Tower Service, LLC 401(K) Plan has these standings among those 106 peer plans:

  • total administrative expense ratio = 1.063% (11th-highest)

  • total administrative expenses = $45,735 (19th-highest)

  • total assets = $4,301,843 (47th-least)

Visualize

 
 

Peers

better than Bronco Industrial Services 401(K) Plan in Baton Rouge, LA (1.765%), RPM Xconstruction, LLC 401(K) Plan in Plano, TX (1.603%), Turner Strategic Technologies Retirement Plan in Norfolk, VA (1.510%), and Summit Industrial Construction, LLC Profit Sharing 401(K) Plan in Houston, TX (1.476%), and 6 others, ending with MC2 Civil, Inc. 401(K) Plan in Houston, TX (1.081%).

exceeded Ambrose Construction Ltd 401k Plan in Corpus Christi, TX (1.049%), McClure & Sons, Inc. 401(K) in Mill Creek, WA (1.038%), Ser Construction Partners LLC 401(K) Profit Sharing Plan and Trust in Pasadena, TX (1.019%), and Tek Energy 401(K) Plan in Mandaree, ND (1.007%), and 91 others, ending with Pontchartrain Partners, LLC 401(K) Plan in New Orleans, LA (0.000%).

References

  1. whose industry group is. The industry group is the first four digits from the six-digit NAICS business code, Line 2d in Form 5500, which best describes the nature of the plan sponsor’s business, from the available list. If more than one employer or employee organization is involved, filers are asked to enter the business code for the main business activity of the employer and/or employee organizations. Except where noted, all data come from the 25-July-2024 updates to the year-2022 5500 Forms and Schedule H from the public websites at the Department of Labor, Employee Benefits Security Administration.
  2. total administrative expense ratio. Lower values are better. Total administrative expense ratio (as a percentage) equals total administrative expenses (Line 2i(5), Schedule H) divided by total assets (end of plan year; Line 1f(b) from Schedule H), times 100. To qualify for total administrative expense ratio, the number of total assets must be at least $50,000. Except where noted, all data come from the 25-July-2024 updates to the year-2022 5500 Forms and Schedule H from the public websites at the Department of Labor, Employee Benefits Security Administration.