Plan Ledger DOL Form 5500 · updated monthly

Betts Recruiting Inc401(k)

BETTS RECRUITING INC 401(K) PROFIT SHARING PLAN AND TRUST · AUSTIN, TX · plan year 2024

Reported admin expense ratio · 2024
0.19%

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

Betts Recruiting Inc reported $8,040 in plan administrative expenses for 2024: 0.19% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,897 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 0.25% to 0.19%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other administrative & support services employers. By assets it is among the smaller plans on file in Texas (4,231st of 5,688), and 1,537th of 2,534 in administrative & support services. In 2024, employees put in $4.14 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$4,281,541
Participants with balances0
Active participants33
Employer contributions$62,612
Employee contributions$259,283
Employer contribution per active participant$1,897
Average account balance—
Benefits paid to participants$606,255
Plan auditUnmodified (clean) audit opinion
AuditorBPM LLC
Plan history2
Yearassets · accounts · employer contribution
2024$4.3M · $63K emplr
2022$3.6M · 161 accts · $178K emplr
Administrative expenses, itemized · 2024
Investment management$8,040
Total administrative$8,040
The Betts Recruiting Inc 401(k) match · 2024
Employer contribution per active participant$1,897
Median for plans this size$1,313
2024$1,897 per active participant
2022$3,703 per active participant

Betts Recruiting Inc's 2024 employer contribution ran above 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
BETTERMENT FOR BUSINESS, LLC · Investment advisory (plan)$8,040

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$8,040 · 0.19%
2022$8,638 · 0.25%
Similar plansAdministrative & Support Services · Texas
Earthworks, Inc. TX$4.5M · 0.39%
Conexus Medstaff, LLC TX$4.3M · 1.26%
The Arbor Experts, LLC TX$4.0M · 1.56%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 861352847 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.