Plan Ledger DOL Form 5500 · updated monthly

Argano, LLC401(k)

ARGANO, LLC 401(K) PLAN · PLANO, TX · plan year 2024

Reported admin expense ratio · 2024
0.19%

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

Argano, LLC reported $221,932 in plan administrative expenses for 2024: 0.19% of average plan assets, above the peer median. Employer contributions averaged $3,726 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 0.31% to 0.19%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other professional & technical services employers. By assets it is the 534th-largest of 5,688 plans among Texas employers on file, and the 1,247th of 11,654 in professional & technical services. In 2024, employees put in $3.66 for every $1.00 the employer contributed; active participation has grown from 684 to 894 since 2022.

Plan summary
Net assets, end of year$123,467,803
Participants with balances1,162
Active participants894
Employer contributions$3,331,253
Employee contributions$12,187,890
Employer contribution per active participant$3,726
Average account balance$106,255
Benefits paid to participants$18,862,703
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$123.5M · 1,162 accts · $3.3M emplr
2023$108.4M · 1,188 accts · $3.1M emplr
2022$36.5M · 560 accts · $755K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$221,932
Total administrative$221,932
The Argano, LLC 401(k) match · 2024
Employer contribution per active participant$3,726
Median for plans this size$3,635
2024$3,726 per active participant
2023$3,019 per active participant
2022$1,103 per active participant

Argano, LLC's 2024 employer contribution ran above the $3,635 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 · 20244
JOHN HANCOCK LIFE INSURANCE COMPANY · Recordkeeping · Investment management$175,415
OPPENHEIMER & COMPANY INC. · Investment advisory (participants) · Investment advisory (plan)$65,000
ARMANINO, LLP · Pension consulting · Loan processing$16,828
FORVIS, LLP · Accounting / audit$14,175

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$221,932 · 0.19%
2023$342,840 · 0.47%
2022$94,257 · 0.31%
Same employer
Similar plansProfessional & Technical Services · Texas
Barrios Technology TX$135.3M · 0.17%
Whitley Penn, LLP TX$134.8M · 0.03%
Maverick Capital, LTD. TX$124.6M · 0.06%
Wood Mackenzie, Inc. TX$122.9M · 0.14%
Corgan Associates, Inc. TX$122.8M · 0.17%
Access Plans LLC TX$122.4M · 0.34%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 851176161 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.