Plan Ledger DOL Form 5500 · updated monthly

24 HR Safety LLC401(k)

24 HR SAFETY LLC 401(K) PROFIT SHARING PLAN AND TRUST · DEER PARK, TX · plan year 2024

Reported admin expense ratio · 2024
0.32%

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

24 HR Safety LLC reported $34,535 in plan administrative expenses for 2024: 0.32% of average plan assets, above the peer median. Employer contributions averaged $2,227 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 3 years on file its reported administrative ratio has held roughly steady near 0.316%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 2,792nd-largest of 5,688 plans among Texas employers on file, and 7,400th of 11,654 in professional & technical services. In 2024, employees put in $1.33 for every $1.00 the employer contributed; active participation has grown from 204 to 230 since 2022.

Plan summary
Net assets, end of year$11,973,807
Participants with balances126
Active participants230
Employer contributions$512,172
Employee contributions$680,891
Employer contribution per active participant$2,227
Average account balance$95,030
Benefits paid to participants$336,044
Plan auditUnmodified (clean) audit opinion
AuditorMILLER GROSSBARD ADVISORS, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$12.0M · 126 accts · $512K emplr
2023$9.9M · 122 accts · $473K emplr
2022$8.2M · 103 accts · $431K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$6,075
Investment management$28,460
Total administrative$34,535
The 24 HR Safety LLC 401(k) match · 2024
Employer contribution per active participant$2,227
Median for plans this size$2,416
2024$2,227 per active participant
2023$2,192 per active participant
2022$2,114 per active participant

24 HR Safety LLC's 2024 employer contribution ran below the $2,416 median for plans its size. 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.

Service providers · 20242
HIGHTOWER ADVISORS LLC · Investment advisory (plan)$25,138
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$6,075

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history3
2024$34,535 · 0.32%
2023$29,596 · 0.33%
2022$28,323 · 0.32%
Same employer
Similar plansProfessional & Technical Services · Texas
Benefits Assurance, LLC TX$12.0M · 0.11%
Mtx Group, Inc. TX$12.0M · 0.29%
Immatics US Inc. TX$11.8M · 0.40%
Praetorian Group, Inc. TX$11.8M · 0.10%
Summa Group, LLC TX$11.8M · 0.54%

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Source: U.S. Department of Labor, Form 5500 series, EIN 203603804 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.