Plan Ledger DOL Form 5500 · updated monthly

Beyer Services, LLC401(k)

BEYER SERVICES 401(K) PLAN · HOUSTON, TX · plan year 2024

Reported admin expense ratio · 2024
0.10%

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

Beyer Services, LLC reported $18,236 in plan administrative expenses for 2024: 0.10% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,026 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 0.05% to 0.10%. 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 2,086th-largest of 5,688 plans among Texas employers on file, and the 2,081st of 5,337 in construction. In 2024, employees put in $1.60 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$19,205,159
Participants with balances332
Active participants336
Employer contributions$680,719
Employee contributions$1,086,562
Employer contribution per active participant$2,026
Average account balance$57,847
Benefits paid to participants$3,334,560
Plan auditUnmodified (clean) audit opinion
AuditorRYAN + MANN LLC
Plan history3
Yearassets · accounts · employer contribution
2024$19.2M · 332 accts · $681K emplr
2023$18.4M · 335 accts · $642K emplr
2022$15.4M · 315 accts · $542K emplr
Administrative expenses, itemized · 2024
Investment management$1,315
Trustee / custodial$16,921
Total administrative$18,236
The Beyer Services, LLC 401(k) match · 2024
Employer contribution per active participant$2,026
Median for plans this size$2,416
2024$2,026 per active participant
2023$1,900 per active participant
2022$1,770 per active participant

Beyer Services, LLC'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
CHARLES SCHWAB TRUST BANK · Recordkeeping · Trusteeindirect comp
BOK FINANCIAL ASSET MANAGEMENT INC. · Investment advisory (participants)$18,236

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

Recordkeeper by year2
2024Charles Schwab
2023Charles Schwab

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$18,236 · 0.10%
2023$10,755 · 0.06%
2022$8,051 · 0.05%
Similar plansConstruction · Texas
Cec Electrical, Inc. TX$19.7M · 0.83%
Ref-Chem, L.P. TX$18.8M · 0.44%
American Constructors, LLC TX$18.8M · 0.37%

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Source: U.S. Department of Labor, Form 5500 series, EIN 823840525 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.