Plan Ledger DOL Form 5500 · updated monthly

Asure Operations LLC401(k)

ASURE OPERATIONS LLC 401(K) RETIREMENT PLAN · AUSTIN, TX · plan year 2024

Reported admin expense ratio · 2024
0.40%

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

Asure Operations LLC reported $149,260 in plan administrative expenses for 2024: 0.40% of average plan assets, above the peer median. Employer contributions averaged $3,146 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 1 year on file its reported administrative ratio fell from 0.43% to 0.40%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other information & media employers. By assets it is the 1,199th-largest of 5,688 plans among Texas employers on file, and the 603rd of 2,199 in information & media. In 2024, employees put in $2.15 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$41,970,913
Participants with balances930
Active participants629
Employer contributions$1,978,526
Employee contributions$4,245,096
Employer contribution per active participant$3,146
Average account balance$45,130
Benefits paid to participants$4,973,871
Plan auditUnmodified (clean) audit opinion
AuditorHARPER AND PEARSON COMPANY, P.C.
Plan history2
Yearassets · accounts · employer contribution
2024$42.0M · 930 accts · $2.0M emplr
2023$33.3M · 799 accts · $3.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$93,201
Investment management$56,059
Total administrative$149,260
The Asure Operations LLC 401(k) match · 2024
Employer contribution per active participant$3,146
Median for plans this size$2,416
2024$3,146 per active participant
2023$5,562 per active participant

Asure Operations LLC'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
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$93,201
GALLAGHER FIDUCIARY ADVISORS LLC · Investment advisory (plan)$41,903
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$14,156

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

Administrative cost history2
2024$149,260 · 0.40%
2023$127,441 · 0.43%
Same employer
Similar plansInformation & Media · Texas
Bh Security, LLC TX$57.5M · 0.19%
Bearcom Operating, L.L.C. TX$53.3M · 0.03%
Statacorp LLC TX$46.4M · 0.01%
Foreflight LLC TX$41.9M · 0.33%
Encoura, LLC TX$41.8M · 0.18%
Argus Media, Inc. TX$40.3M · 0.04%
Frost and Sullivan TX$37.3M · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 881525884 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.