Plan Ledger DOL Form 5500 · updated monthly

Austin Industries, Inc.ESOP

AUSTIN INDUSTRIES EMPLOYEE STOCK OWNERSHIP PLAN · DALLAS, TX · plan year 2024

Reported admin expense ratio · 2024
0.10%

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

Austin Industries, Inc. reported $522,897 in plan administrative expenses for 2024: 0.10% of average plan assets, above the peer median. Employer contributions averaged $88 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 0.11% to 0.10%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other construction employers. By assets it is the 201st-largest of 5,688 plans among Texas employers on file, and the 139th of 5,337 in construction. active participation has grown from 4,972 to 7,836 since 2022.

Plan summary
Net assets, end of year$511,621,662
Participants with balances11,205
Active participants7,836
Employer contributions$689,725
Employee contributions—
Employer contribution per active participant$88
Average account balance$45,660
Benefits paid to participants$46,730,014
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$511.6M · 11,205 accts · $690K emplr
2023$491.1M · 10,586 accts · $1.2M emplr
2022$420.0M · 11,125 accts · $25.9M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$352,208
Investment management$170,689
Total administrative$522,897
Employer contributions to the Austin Industries, Inc. plan · 2024
Employer contribution per active participant$88
Median for plans this size$4,294
2024$88 per active participant
2023$218 per active participant
2022$5,209 per active participant

Austin Industries, Inc.'s 2024 employer contribution ran below the $4,294 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
TRANSITION FINANCE STRATEGIES, LLC · Recordkeeping$315,517
STATE STREET BANK & TRUST COMPANY · Trustee (directed)$170,689
WEAVER AND TIDWELL LLP · Accounting / audit$36,691

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

Recordkeeper by year2
2024TRANSITION FINANCE STRATEGIES, LLC, Vanguard
2023TRANSITION FINANCE STRATEGIES, LLC

This plan has changed recordkeepers within these filings. If you left Austin Industries, 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$522,897 · 0.10%
2023$680,235 · 0.15%
2022$463,937 · 0.11%
All plans at this employer2
AUSTIN ADVANTAGE 401(K) PLAN401(k)
AUSTIN INDUSTRIES EMPLOYEE STOCK OWNERSHIP PLANESOP
Same employer
Similar plansConstruction · Texas
Srs Distribution Inc. TX$574.8M · 0.16%
Weekley Homes TX$413.2M · 0.11%

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Source: U.S. Department of Labor, Form 5500 series, EIN 751440225 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.