Plan Ledger DOL Form 5500 · updated monthly

American Homestar Corporation401(k)

AMERICAN HOMESTAR CORPORATION 401(K) RETIREMENT PLAN · LEAGUE CITY, TX · plan year 2023

Reported admin expense ratio · 2023
0.65%

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

American Homestar Corporation reported $89,397 in plan administrative expenses for 2023: 0.65% of average plan assets, higher than ~90% of peers. Employer contributions averaged $301 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 0.60% to 0.66%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other manufacturing employers. By assets it is the 2,471st-largest of 5,688 plans among Texas employers on file, and 7,197th of 13,661 in manufacturing. In 2023, employees put in $7.72 for every $1.00 the employer contributed; active participation has grown from 394 to 492 since 2022.

Plan summary
Net assets, end of year$14,631,229
Participants with balances607
Active participants492
Employer contributions$147,958
Employee contributions$1,142,832
Employer contribution per active participant$301
Average account balance$24,104
Benefits paid to participants$1,536,039
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$14.5M · 411 accts · $92K emplr
2023$14.6M · 607 accts · $148K emplr
2022$13.1M · 561 accts · $193K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$89,397
Total administrative$89,397
The American Homestar Corporation 401(k) match · 2023
Employer contribution per active participant$301
Median for plans this size$2,440
2024$171 per active participant
2023$301 per active participant
2022$489 per active participant

American Homestar Corporation's 2023 employer contribution ran below the $2,440 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20233
JOHN HANCOCK LIFE INSURANCE COMPANY · Recordkeeping · Investment management$40,456
KESTRA INVESTMENT SERVICES LLC · Investment advisory (plan)$26,382
ECONOMIC GROUP PENSION SERVICES · Contract administrator$6,846

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

Recordkeeper by year2
2024John Hancock
2023John Hancock

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

Administrative cost history3
2024$96,381 · 0.66%
2023$89,397 · 0.65%
2022$83,528 · 0.60%
Same employer
Similar plansManufacturing · Texas
Empower Clinic Services LLC TX$14.9M · 0.91%
Rigid Global Buildings LLC TX$14.7M · 0.04%
American Innovations, LTD. TX$14.6M · 0.03%
Welker, Inc. TX$14.5M · 0.04%
Hdh Instruments, LP TX$14.5M · 0.13%

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Source: U.S. Department of Labor, Form 5500 series, EIN 760070846 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.