Plan Ledger DOL Form 5500 · updated monthly

Applied Consultants, Inc.401(k)

APPLIED CONSULTANTS, INC. 401(K) PLAN · LONGVIEW, TX · plan year 2024

Reported admin expense ratio · 2024
0.23%

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

Applied Consultants, Inc. reported $42,948 in plan administrative expenses for 2024: 0.23% of average plan assets, below the peer median. Employer contributions averaged $1,352 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 fell from 0.32% to 0.23%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 1,955th-largest of 5,688 plans among Texas employers on file, and the 5,360th of 11,654 in professional & technical services. In 2024, employees put in $2.37 for every $1.00 the employer contributed; active participation has grown from 139 to 597 since 2022.

Plan summary
Net assets, end of year$21,043,986
Participants with balances363
Active participants597
Employer contributions$807,333
Employee contributions$1,915,990
Employer contribution per active participant$1,352
Average account balance$57,972
Benefits paid to participants$1,308,918
Plan auditUnmodified (clean) audit opinion
AuditorHEARD, MCELROY & VESTAL, LLC
Plan history3
Yearassets · accounts · employer contribution
2024$21.0M · 363 accts · $807K emplr
2023$16.2M · 329 accts · $667K emplr
2022$12.5M · 328 accts · $562K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$37,132
Trustee / custodial$5,816
Total administrative$42,948
The Applied Consultants, Inc. 401(k) match · 2024
Employer contribution per active participant$1,352
Median for plans this size$2,416
2024$1,352 per active participant
2023$4,629 per active participant
2022$4,044 per active participant

Applied Consultants, 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 · 20242
NWPS · Contract administrator · Recordkeeping$37,132
MATRIX TRUST COMPANY · Custodial (securities)$5,816

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

Recordkeeper by year2
2024NWPS
2023NWPS

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Administrative cost history3
2024$42,948 · 0.23%
2023$41,579 · 0.29%
2022$44,206 · 0.32%
Same employer
Similar plansProfessional & Technical Services · Texas
Hearing Lab Technology, LLC TX$21.2M · 0.39%
Crossover Markets LLC TX$21.2M · 0.47%
Capitol Services, Inc. TX$21.1M · 0.11%
Panini America Inc TX$20.6M · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 752383869 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.