Barron Service Parts Co401(k)
BARRON SERVICE PARTS CO. 401(K) PROFIT SHARING PLAN · ODESSA, TX · plan year 2023
Peer grade: B · admin costs + employer contributions vs same-size plans · how grading works
Barron Service Parts Co reported $33,981 in plan administrative expenses for 2023: 0.45% of average plan assets, below the peer median. Employer contributions averaged $999 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 0.52% to 0.45%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other retail trade employers. By assets it is among the smaller plans on file in Texas (3,421st of 5,688), and 3,085th of 5,215 in retail trade. In 2023, the employer put in $1.06 for every $1.00 employees contributed themselves; active participation has grown from 189 to 250 since 2022.
Barron Service Parts Co's 2023 employer contribution ran below the $1,308 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.
Annual cost at the plan's reported 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.
Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.
Why are you looking at this plan?
Source: U.S. Department of Labor, Form 5500 series, EIN 751584056 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.