Department of Labor filing

CLARK CONSTRUCTION OF TEXAS, INC.

CLARK CONSTRUCTION OF TEXAS, INC. 401(K) PLAN · For the plan year ended Dec 31, 2023

Spot something wrong?
Public filing 2023 · received Oct 15, 2024Verified current terms Not available

Plan at a glance

How good does the filing look?

32filing comparison
out of 100

The filing trails many comparable plans on reported employer support and/or plan-paid administrative costs. This is a filing comparison, not a complete benefits score.

$Employer support
$1,234

Reported employer contributions per active participant.

Higher than about 22% of comparable plans
#People in the filing
197

Active participants reported for 2023.

The filing does not say how many employees are currently contributing.
¢Visible plan-paid fees
$147 / participant

Reported administrative expense—not every fee an employee may pay.

Lower cost than about 56% of comparable plans
Investment performance
Not available

Plan assets changed 38.0%, but that includes contributions, withdrawals, and market movement.

Asset change is not investment performance.
What we still need to judge the benefit

Current match formula, vesting, eligibility, investment choices, fund expense ratios, and employee-level fees.

See missing terms ↓
Filing comparison · 202332out of 100 among similar-size plans in the same industry when enough peers exist

How this filing compares

Reported employer contributions22nd percentileTypical peer $2,223 · based on 394 comparable plans
Lower reported administrative expense56th percentileTypical peer $164 · based on 405 comparable plans

This comparison uses historical filing figures. It does not compare current match formulas, vesting, investments, or employee fees.

The short version

What the latest filing tells us

For the plan year ended Dec 31, 2023, CLARK CONSTRUCTION OF TEXAS, INC. reported $243,162 in employer contributions across the plan and 197 active participants. That works out to $1,234 per active participant. It is useful context, but it is not the current match formula and it does not show what any one employee received.

Participation proxy89%

Active participants divided by all end-of-year plan participants. This is not the company participation rate because the filing does not report every eligible employee.

Employer money trendUp 7.8%

Change in reported employer contribution per active participant across the filing history shown.

Expense trendUp 25.4%

Change in reported administrative expense per participant. Investment expenses may not be included.

Peer context32/100

A filing comparison among similar-size plans in the same industry when enough peers exist.

Where the public filing stops

Current match, vesting, eligibility, employee fees, and investment choices require a dated plan document. Until we have one, those details stay blank.

Latest financial record

Contributions, assets, and expenses

These figures are reported totals for the plan—not individual account balances or promises to any employee.

Employer contributions
$243,162
Participant contributions
$350,108
Other contributions
$5,704
Employer share of reported contributions
41.0%
Beginning assets
$2,058,202
Ending assets
$2,841,112
Ending net assets
$2,841,112
Ending liabilities
$0
Total income
$1,002,164
Total expenses
$219,254
Administrative expenses
$32,739
Participant loans
Not reported

Three-year filing history

How the reported figures changed

Each chart uses its own scale and starts at zero. When the filing has no value, the chart says so rather than turning it into a zero.

Employer contributions reported per active participant
2022
$1,145
2023
$1,234
Plan-paid administrative expenses per participant
2022
$118
2023
$147
Active participants
2022
212
2023
197
Detailed filing history
Plan yearPer active participantActive participantsPlan assetsFiling ID
2023$1,2341972.8M20241015195822NAL0030809889001
2022$1,1452122.1M20231013173815NAL0034046001001

Changes in plan assets are not the same as investment performance. Each row uses the selected public filing for that year.

Plan operations

Details worth knowing

Participant loans as a share of plan assets
Not stated in the filing
Independent accountant’s opinion
Unqualified opinion Code 1
Late participant contributions reported
Yes
Public plan identifier
741980982-001

Reported plan details

Identity and filing status

Plan type
Retirement plan
Employer arrangement
Single-employer plan
Plan effective date
Jan 1, 2018
Industry
Construction
Amended filing
No
Final filing for this plan
No
Short plan year
No
401(k) feature reported
Yes
Show DOL characteristic codes2A2E2F2G2J2K2T3D2R3H

Current plan terms

Help fill the gap the filing leaves.

If you have a current SPD, fee disclosure, or enrollment guide, you can share it with us. We check the source and date before adding anything to the profile.

Share a document →
Filing ACK_ID20241015195822NAL0030809889001
Data sourceDOL Form 5500 bulk data ↗
Filing searchEFAST2 ↗