Plan Ledger DOL Form 5500 · updated monthly

Apache Industrial Services, Inc401(k)

APACHE INDUSTRIAL SERVICES 401(K) RETIREMENT PLAN · HOUSTON, TX · plan year 2024

Reported admin expense ratio · 2024
3.14%

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

Apache Industrial Services, Inc reported $882,882 in plan administrative expenses for 2024: 3.14% of average plan assets, higher than ~90% of peers. Employer contributions averaged $458 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 1.60% to 3.14%. 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 1,598th-largest of 5,688 plans among Texas employers on file, and the 4,682nd of 13,661 in manufacturing. In 2024, employees put in $5.98 for every $1.00 the employer contributed; active participation has shrunk from 3,712 to 3,121 since 2022.

Plan summary
Net assets, end of year$28,388,693
Participants with balances4,658
Active participants3,121
Employer contributions$1,430,184
Employee contributions$8,557,597
Employer contribution per active participant$458
Average account balance$6,095
Benefits paid to participants$11,755,430
Plan auditUnmodified (clean) audit opinion
AuditorCROWE LLP
Plan history3
Yearassets · accounts · employer contribution
2024$28.4M · 4,658 accts · $1.4M emplr
2023$27.9M · 13,217 accts · $1.7M emplr
2022$18.4M · 11,790 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$843,396
Investment management$39,486
Total administrative$882,882
The Apache Industrial Services, Inc 401(k) match · 2024
Employer contribution per active participant$458
Median for plans this size$2,416
2024$458 per active participant
2023$589 per active participant

Apache Industrial Services, Inc's 2024 employer contribution ran below the $2,416 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20243
ONEAMERICA RETIREMENT SERVICES, LLC · Recordkeeping · Loan processing$843,396
NORTHWESTERN MUTUAL · Investment management$38,629
MATRIX TRUST COMPANY · Custodial (securities) · Trusteeindirect 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
2024OneAmerica
2023OneAmerica, Voya

This plan has changed recordkeepers within these filings. If you left Apache Industrial Services, Inc before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$882,882 · 3.14%
2023$357,219 · 1.54%
2022$280,392 · 1.60%
Same employer
Similar plansManufacturing · Texas
Nefab Packaging, Inc. TX$29.0M · 0.66%
Standard Meat Company, LLC TX$28.8M · 0.41%
Cimarron Energy, Inc. TX$28.4M · 0.52%
Exfo America Inc. TX$28.2M · 0.36%
Dfb Pharmaceuticals, LLC TX$27.9M · 0.07%

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Source: U.S. Department of Labor, Form 5500 series, EIN 270626868 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.