Plan Ledger DOL Form 5500 · updated monthly

7CREW Enterprises, LLC401(k)

7CREW ENTERPRISES, LLC 401K PLAN · LUBBOCK, TX · plan year 2024

Reported admin expense ratio · 2024
2.67%

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

7CREW Enterprises, LLC reported $8,942 in plan administrative expenses for 2024: 2.67% of average plan assets, higher than ~75% of peers. Employer contributions averaged $263 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.

The plan sits in the under $1M size bracket, benchmarked here against 1,109 comparable plans and shown alongside other accommodation & food services employers. By assets it is among the smaller plans on file in Texas (5,527th of 5,688), and 1,988th of 2,240 in accommodation & food services. In 2024, employees put in $1.52 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$335,523
Participants with balances627
Active participants523
Employer contributions$137,494
Employee contributions$209,447
Employer contribution per active participant$263
Average account balance$535
Benefits paid to participants$7,430
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$8,913
Investment management$29
Total administrative$8,942
The 7CREW Enterprises, LLC 401(k) match · 2024
Employer contribution per active participant$263
Median for plans this size$540

7CREW Enterprises, LLC's 2024 employer contribution ran below the $540 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 · 20243
ADMIN. GROUP, LLC DBA TAG RESOURCES · Recordkeeping · Loan processing$8,226
TRANSAMERICA FINANCIAL LIFE INS · Recordkeeping · Loan processing$687
LPL FINANCIAL CORPORATION · Investment advisory (plan)$29

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

Administrative cost history1
2024$8,942 · 2.67%
Similar plansAccommodation & Food Services · Texas
Jtp, LLC TX$426K · 0.63%
Rovin, Inc. TX$390K · 3.86%
Iicorp TX$350K · 1.18%
Patch Management, Inc. TX$309K · 2.40%
Sweet Pizza, LLC TX$296K · 0.72%

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Source: U.S. Department of Labor, Form 5500 series, EIN 921026089 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.