Plan Ledger DOL Form 5500 · updated monthly

Access World USA LLC401(k)

ACCESS WORLD USA LLC 401(K) PROFIT SHARING PLAN & TRUST · BAYTOWN, TX · plan year 2023

Reported admin expense ratio · 2023
0.96%

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

Access World USA LLC reported $12,363 in plan administrative expenses for 2023: 0.96% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,193 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 1 year on file its reported administrative ratio rose from 0.39% to 0.96%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other other services employers. By assets it is among the smaller plans on file in Texas (5,152nd of 5,688), and 3,003rd of 3,341 in other services. In 2023, employees put in $2.17 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$1,332,794
Participants with balances71
Active participants62
Employer contributions$73,970
Employee contributions$160,515
Employer contribution per active participant$1,193
Average account balance$18,772
Benefits paid to participants$340,369
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2023$1.3M · 71 accts · $74K emplr
2022$1.3M · 142 accts · $54K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$10,941
Investment management$1,422
Total administrative$12,363
The Access World USA LLC 401(k) match · 2023
Employer contribution per active participant$1,193
Median for plans this size$1,308
2023$1,193 per active participant
2022$951 per active participant

Access World USA LLC's 2023 employer contribution ran below the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20231
PAYCHEX, INC. · Recordkeeping$6,523

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

Administrative cost history2
2023$12,363 · 0.96%
2022$5,127 · 0.39%
Similar plansOther Services · Texas
Goodwill of South Texas TX$1.7M · 3.03%
Sps Poolcare TX$1.4M · 0.17%
El Holdings, LLC TX$1.3M · 1.08%
Ems TX$1.3M · 0.57%
Fmg Management, Inc. TX$1.1M · 0.81%

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Source: U.S. Department of Labor, Form 5500 series, EIN 208023608 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.