Plan Ledger DOL Form 5500 · updated monthly

Air Water America Inc.401(k)

AWA 401(K) PLAN · BAYTOWN, TX · plan year 2024

Reported admin expense ratio · 2024
0.73%

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

Air Water America Inc. reported $121,679 in plan administrative expenses for 2024: 0.73% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,671 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 3 years on file its reported administrative ratio has held roughly steady near 0.73%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 2,161st-largest of 5,688 plans among Texas employers on file, and the 6,312th of 13,661 in manufacturing. In 2024, employees put in $2.98 for every $1.00 the employer contributed; active participation has grown from 287 to 425 since 2022.

Plan summary
Net assets, end of year$18,102,727
Participants with balances446
Active participants425
Employer contributions$709,990
Employee contributions$2,118,412
Employer contribution per active participant$1,671
Average account balance$40,589
Benefits paid to participants$2,078,905
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$18.1M · 446 accts · $710K emplr
2023$15.1M · 477 accts · $589K emplr
2022$10.9M · 289 accts · $349K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$121,679
Total administrative$121,679
The Air Water America Inc. 401(k) match · 2024
Employer contribution per active participant$1,671
Median for plans this size$2,416
2024$1,671 per active participant
2023$1,221 per active participant
2022$1,215 per active participant

Air Water America Inc.'s 2024 employer contribution ran below the $2,416 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 · 20243
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$121,678
OSAIC WEALTH INC · Other servicesindirect comp
WILSHIRE ADVISORS LLC · Investment advisory (plan)indirect comp

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$121,679 · 0.73%
2023$90,964 · 0.70%
2022$70,342 · 0.71%
Similar plansManufacturing · Texas
Epiroc North America Corp. TX$17.9M · 0.09%
Sparrows Offshore, LLC TX$17.9M · 0.67%
US Med-Equip, LLC TX$17.8M · 1.18%
Suhm Spring Works, Inc. TX$17.7M · 0.04%

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Source: U.S. Department of Labor, Form 5500 series, EIN 824339213 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.