Plan Ledger DOL Form 5500 · updated monthly

Able Industrial, LLC401(k)

ABLE INDUSTRIAL LLC 401(K) PLAN · HOUSTON, TX · plan year 2024

Reported admin expense ratio · 2024
0.46%

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

Able Industrial, LLC reported $25,638 in plan administrative expenses for 2024: 0.46% of average plan assets, below the peer median. Employer contributions averaged $2,900 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 0.12% to 0.46%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in Texas (3,814th of 5,688), and 3,772nd of 5,337 in construction. In 2024, employees put in $2.13 for every $1.00 the employer contributed; active participation has shrunk from 197 to 173 since 2022.

Plan summary
Net assets, end of year$6,015,707
Participants with balances179
Active participants173
Employer contributions$501,728
Employee contributions$1,069,306
Employer contribution per active participant$2,900
Average account balance$33,607
Benefits paid to participants$1,409,043
Plan auditUnmodified (clean) audit opinion
AuditorHAM LANGSTON & BREZINA LLP
Plan history3
Yearassets · accounts · employer contribution
2024$6.0M · 179 accts · $502K emplr
2023$5.1M · 343 accts · $316K emplr
2022$3.3M · 334 accts · $220K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$25,638
Total administrative$25,638
The Able Industrial, LLC 401(k) match · 2024
Employer contribution per active participant$2,900
Median for plans this size$1,313
2024$2,900 per active participant
2023$1,195 per active participant
2022$1,114 per active participant

Able Industrial, LLC's 2024 employer contribution ran above the $1,313 median for plans its size, placing it in the top 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 · 20242
ADP, INC. · Loan processing · Recordkeeping$25,638
PENSIONMARK SECURITIES LLC · Other servicesindirect comp

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

Recordkeeper by year2
2024ADP
2023ADP

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$25,638 · 0.46%
2023$4,224 · 0.10%
2022$4,485 · 0.12%
Same employer
Similar plansConstruction · Texas
Rnwbl, LLC TX$6.1M · 0.92%
Lane Supply, Inc. TX$5.8M · 0.24%
Bcck Holding Company TX$5.7M · 0.04%

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Source: U.S. Department of Labor, Form 5500 series, EIN 270567269 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.