401(k) · DOL Form 5500 · 2024

The Contractors Retirement Plan

Data updated 2026-05-15

$4M
Total assets
173
Participants
37th
Percentile by assets
$21,685
Avg per participant

Sponsored by M. Luis Construction Company, Inc. · Maryland · Construction

What the 2024 filing shows

The Contractors Retirement Plan holds $4M for 173 participants - about $21,685 per participant, in the lower half of filed plans by assets, up 20.3% over the 2024 plan year.

$4M
total plan assets (2024 EOY)
173
covered participants
37th
percentile by assets (of 116,472 plans)
$21,685
avg assets per participant
State
Industry
Construction

401(k) · DOL Form 5500 · 2024

What the Filing Says About The Contractors Retirement Plan

The Contractors Retirement Plan is a 401(k) retirement plan sponsored by M. Luis Construction Company, Inc., headquartered in Maryland. According to the U.S. Department of Labor's 2024 Form 5500 filing, the plan reports $4M in total end-of-year assets and covers 173 participants across the Construction industry. The sponsor's EIN on file with the U.S. Department of Labor is 521418763, and the plan has been effective since 2015-01-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets grew sharply from $3M at the beginning of 2024 to $4M at year-end - up 20.3%. Net assets (after liabilities) closed the year at $4M, with reported net income of $632K driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.

Across the 3 plan years M. Luis Construction Company, Inc. has on file with PlainRetire (2022-2024), sponsor-wide plan assets have moved from $2M to $4M, a gain of 51.1%, while reported participants moved from 155 to 173 (+11.6%). The strongest year on file by total sponsor assets was 2024 at $4M; the softest was 2022 at $2M. Year-by-year, sponsor-wide filings show: 2022 - $2M in assets across 1 plan covering 155 participants; 2023 - $3M in assets across 1 plan covering 162 participants; 2024 - $4M in assets across 1 plan covering 173 participants.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows, a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

How the percentile is calculated: we count every plan that filed a 2024 Form 5500 with a reported end-of-year asset figure (116,472 plans), rank The Contractors Retirement Plan against all of them by total assets, and report the share of those plans it outranks. A plan reporting no asset figure for the year is excluded from the ranking rather than assumed to be zero.

Financial Summary (2024)

Total Assets (Beginning of Year)$3M
Total Assets (End of Year)$4M
Net Assets (End of Year)$4M
Net Income$632K
Plan Type401(k)
Employer EIN521418763
Plan Effective Date2015-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (M. Luis Construction Company, Inc.)

Year Plans Participants Total Assets
2022 1 155 $2M
2023 1 162 $3M
2024 1 173 $4M

Nearby 401(k) Plans in Maryland

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Frequently Asked Questions

How much money is in the The Contractors Retirement Plan?
As of the 2024 Form 5500 filing, The Contractors Retirement Plan holds $4M in total assets with 173 participants. It is sponsored by M. Luis Construction Company, Inc..
What type of plan is The Contractors Retirement Plan?
The Contractors Retirement Plan is a 401(k) plan. It has been effective since 2015-01-01. The plan is filed with the U.S. Department of Labor under EIN 521418763.
Who sponsors the The Contractors Retirement Plan?
The Contractors Retirement Plan is sponsored by M. Luis Construction Company, Inc., located in Maryland. The sponsor's EIN is 521418763 and the plan operates in the Construction industry.
How did The Contractors Retirement Plan perform in 2024?
The Contractors Retirement Plan grew sharply - up 20.3% during 2024, moving from $3M to $4M in total assets. Net income was $632K.

What this filing means

Ways to act on The Contractors Retirement Plan's numbers.

  • By total assets, The Contractors Retirement Plan ranks in the lower half of filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar 401(k) plans in Maryland. Compare plans
  • M. Luis Construction Company, Inc.'s sponsor-wide assets have grown 51.1% since 2022 across 3 plan years on file. More Construction plans
  • A 401(k) plan works differently from other retirement plan types, understand the structural differences before comparing. Compare plan types

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 521418763.

Reference: IRS Publication 560, Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B, Distributions from IRAs, RMD rules under SECURE Act 2.0.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.

Every figure on PlainRetire is rendered directly from the Department of Labor's Form 5500 annual return filings, no number is typed in by an editor. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error. Data current as of 2026-05-15.