Plan Ledger DOL Form 5500 · updated monthly

Aggietech Investments Inc401(k)

AGGIETECH INVESTMENTS INC 401K PLAN · MIDLAND, TX · plan year 2024

Reported admin expense ratio · 2024
0.29%

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

Aggietech Investments Inc reported $13,479 in plan administrative expenses for 2024: 0.29% of average plan assets, below the peer median. Employer contributions averaged $1,471 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 0.03% to 0.29%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other mining, oil & gas extraction employers. By assets it is among the smaller plans on file in Texas (4,038th of 5,688), and 509th of 612 in mining, oil & gas extraction. In 2024, employees put in $2.13 for every $1.00 the employer contributed; active participation has grown from 95 to 127 since 2022.

Plan summary
Net assets, end of year$5,036,388
Participants with balances133
Active participants127
Employer contributions$186,784
Employee contributions$398,108
Employer contribution per active participant$1,471
Average account balance$37,868
Benefits paid to participants$231,705
Plan auditUnmodified (clean) audit opinion
AuditorGARRETY AND ASSOCIATES CPA, LLC
Plan history3
Yearassets · accounts · employer contribution
2024$5.0M · 133 accts · $187K emplr
2023$4.1M · 119 accts · $85K emplr
2022$3.3M · 105 accts
Administrative expenses, itemized · 2024
Investment management$13,479
Total administrative$13,479
The Aggietech Investments Inc 401(k) match · 2024
Employer contribution per active participant$1,471
Median for plans this size$1,313
2024$1,471 per active participant
2023$788 per active participant

Aggietech Investments Inc's 2024 employer contribution ran above the $1,313 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
RAYMOND JAMES FINANCIAL SERVICES$11,523
CAPITAL GROUP RETIREMENT PLAN SVCS$7,465

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$13,479 · 0.29%
2023$2,554 · 0.07%
2022$1,112 · 0.03%
Similar plansMining, Oil & Gas Extraction · Texas
Rwls, LLC TX$5.4M · 0.12%
Sable Offshore Corp. TX$4.2M · 0.17%

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Source: U.S. Department of Labor, Form 5500 series, EIN 201112488 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.