Plan Ledger DOL Form 5500 · updated monthly

Baker Drywall Partnership, LLP401(k)

BAKER DRYWALL PARTNERSHIP, LLP 401(K) PLAN · MESQUITE, TX · plan year 2024

Reported admin expense ratio · 2024
0.14%

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

Baker Drywall Partnership, LLP reported $60,159 in plan administrative expenses for 2024: 0.14% of average plan assets, below the peer median. Employer contributions averaged $1,807 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 0.24% to 0.14%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other construction employers. By assets it is the 1,151st-largest of 5,688 plans among Texas employers on file, and the 1,146th of 5,337 in construction. In 2024, employees put in $1.70 for every $1.00 the employer contributed; active participation has shrunk from 979 to 649 since 2022.

Plan summary
Net assets, end of year$44,357,155
Participants with balances975
Active participants649
Employer contributions$1,172,727
Employee contributions$1,993,388
Employer contribution per active participant$1,807
Average account balance$45,495
Benefits paid to participants$4,419,916
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$44.4M · 975 accts · $1.2M emplr
2023$41.1M · 910 accts · $1.1M emplr
2022$35.4M · 936 accts · $716K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$13,659
Investment management$46,500
Total administrative$60,159
The Baker Drywall Partnership, LLP 401(k) match · 2024
Employer contribution per active participant$1,807
Median for plans this size$2,416
2024$1,807 per active participant
2023$928 per active participant
2022$732 per active participant

Baker Drywall Partnership, LLP'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
FROST BANK · Investment advisory (plan)$46,500
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$13,658

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

Administrative cost history3
2024$60,159 · 0.14%
2023$64,395 · 0.17%
2022$93,098 · 0.24%
Same employer
Similar plansConstruction · Texas
Humphrey & Associates Inc. TX$49.4M · 0.43%

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Source: U.S. Department of Labor, Form 5500 series, EIN 200967512 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.