Plan Ledger DOL Form 5500 · updated monthly

49 Management Company401(k)

49 FINANCIAL 401(K) PLAN · AUSTIN, TX · plan year 2024

Reported admin expense ratio · 2024
0.54%

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

49 Management Company reported $6,881 in plan administrative expenses for 2024: 0.54% of average plan assets, above the peer median. Employer contributions averaged $0 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 2 years on file its reported administrative ratio rose from 0.11% to 0.54%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other finance & insurance employers. By assets it is among the smaller plans on file in Texas (5,047th of 5,688), and 4,681st of 4,798 in finance & insurance. active participation has grown from 168 to 212 since 2022.

Plan summary
Net assets, end of year$1,636,393
Participants with balances196
Active participants212
Employer contributions$0
Employee contributions$566,396
Employer contribution per active participant$0
Average account balance$8,349
Benefits paid to participants$92,250
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$1.6M · 196 accts
2023$926K · 158 accts
2022$467K · 160 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$6,743
Trustee / custodial$138
Total administrative$6,881
The 49 Management Company 401(k) match · 2024
Employer contribution per active participant$0
Median for plans this size$1,313

49 Management Company's 2024 employer contribution ran below the $1,313 median for plans its size, in the bottom quarter of its peers. 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 · 20241
JULY BUSINESS SERVICES LLC · Recordkeeping$6,743

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$6,881 · 0.54%
2023$4,294 · 0.62%
2022$501 · 0.11%
Same employer
Similar plansFinance & Insurance · Texas
J & K Pms, Inc TX$1.8M · 1.20%
Oneshare Health, LLC TX$969K · 0.85%
Texan Credit Corp TX$948K · 2.29%

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Source: U.S. Department of Labor, Form 5500 series, EIN 843628995 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.