Plan Ledger DOL Form 5500 · updated monthly

Associated Equipment Company, Inc.401(k)

ASSOCIATED EQUIPMENT COMPANY, INC. PROFIT SHARING & 401K PLAN · PEARLAND, TX · plan year 2024

Reported admin expense ratio · 2024
0.22%

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

Associated Equipment Company, Inc. reported $75,571 in plan administrative expenses for 2024: 0.22% of average plan assets, below the peer median. Employer contributions averaged $3,481 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 0.22%. 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 1,362nd-largest of 5,688 plans among Texas employers on file, and the 4,001st of 13,661 in manufacturing. In 2024, employees put in $1.33 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$35,406,788
Participants with balances172
Active participants148
Employer contributions$515,248
Employee contributions$687,575
Employer contribution per active participant$3,481
Average account balance$205,853
Benefits paid to participants$3,019,294
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$35.4M · 172 accts · $515K emplr
2023$32.3M · 168 accts · $503K emplr
2022$31.3M · 162 accts · $487K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$35,445
Investment management$40,126
Total administrative$75,571
The Associated Equipment Company, Inc. 401(k) match · 2024
Employer contribution per active participant$3,481
Median for plans this size$2,416
2024$3,481 per active participant
2023$3,331 per active participant
2022$3,384 per active participant

Associated Equipment Company, Inc.'s 2024 employer contribution ran above 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
ONEAMERICA RETIREMENT SERVICES LLC · Recordkeeping · Loan processing$35,445
FROST BANK · Investment advisory (plan)$40,126
MATTRIX 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

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

Administrative cost history3
2024$75,571 · 0.22%
2023$77,435 · 0.24%
2022$108,579 · 0.31%
Similar plansManufacturing · Texas
Norit Americas Inc. TX$36.5M · 0.31%
Hempelusa, Inc. TX$35.6M · 0.33%
Ipsco Tubulars Inc. TX$35.0M · 0.13%
Air Tractor, Inc. TX$34.2M · 0.02%
The Modern Group, LTD. TX$34.1M · 0.73%

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Source: U.S. Department of Labor, Form 5500 series, EIN 203433875 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.