Plan Ledger DOL Form 5500 · updated monthly

Balcones Resources, Inc.401(k)

BALCONES RESOURCES, INC. 401(K) PLAN · AUSTIN, TX · plan year 2024

Reported admin expense ratio · 2024
0.02%

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

Balcones Resources, Inc. reported $1,050 in plan administrative expenses for 2024: 0.02% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,052 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 rose from 0.021% to 0.022%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Texas (4,139th of 5,688), and 11,350th of 13,661 in manufacturing. In 2024, employees put in $1.85 for every $1.00 the employer contributed; active participation has grown from 194 to 226 since 2022.

Plan summary
Net assets, end of year$4,717,791
Participants with balances114
Active participants226
Employer contributions$237,680
Employee contributions$440,634
Employer contribution per active participant$1,052
Average account balance$41,384
Benefits paid to participants$1,239,783
Plan auditUnmodified (clean) audit opinion
AuditorATCHLEY & ASSOCIATES, LLC
Plan history3
Yearassets · accounts · employer contribution
2024$4.7M · 114 accts · $238K emplr
2023$4.6M · 114 accts · $196K emplr
2022$4.3M · 114 accts · $157K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$1,050
Total administrative$1,050
The Balcones Resources, Inc. 401(k) match · 2024
Employer contribution per active participant$1,052
Median for plans this size$1,313
2024$1,052 per active participant
2023$934 per active participant
2022$811 per active participant

Balcones Resources, Inc.'s 2024 employer contribution ran below the $1,313 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 · 20241
CAPITAL GROUP RETIREMENT PLAN SVCS. · Trustee (directed) · Other services$1,050

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$1,050 · 0.02%
2023$700 · 0.02%
2022$1,050 · 0.02%
Similar plansManufacturing · Texas
Trinity Forge, Inc. TX$4.8M · 0.25%
Steel Masters LP TX$4.7M · 0.24%
Rki, Inc. TX$4.7M · 0.04%
Clarus Glassboards LLC TX$4.6M · 0.28%
Onnit Labs, Inc. TX$4.6M · 0.20%

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Source: U.S. Department of Labor, Form 5500 series, EIN 743023430 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.