Plan Ledger DOL Form 5500 · updated monthly

Bishop Employee Company LLC401(k)

BISHOP EMPLOYEE COMPANY LLC 401(K) PLAN · HOUSTON, TX · plan year 2024

Reported admin expense ratio · 2024
0.21%

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

Bishop Employee Company LLC reported $82,264 in plan administrative expenses for 2024: 0.21% of average plan assets, below the peer median. Employer contributions averaged $2,403 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.

The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 1,194th-largest of 5,688 plans among Texas employers on file, and the 3,554th of 13,661 in manufacturing. In 2024, employees put in $1.72 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$42,198,007
Participants with balances941
Active participants832
Employer contributions$1,999,403
Employee contributions$3,447,561
Employer contribution per active participant$2,403
Average account balance$44,844
Benefits paid to participants$6,816,913
Plan auditUnmodified (clean) audit opinion
AuditorPRICEKUBECKA,PLLC
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$71,431
Investment management$10,833
Total administrative$82,264
The Bishop Employee Company LLC 401(k) match · 2024
Employer contribution per active participant$2,403
Median for plans this size$2,416

Bishop Employee Company 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
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$71,431
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$10,833

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

Administrative cost history1
2024$82,264 · 0.21%
Similar plansManufacturing · Texas
Nielsen & Bainbridge, LLC TX$44.6M · 0.24%
New Process Steel, L.P. TX$40.6M · 0.26%

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Source: U.S. Department of Labor, Form 5500 series, EIN 923777434 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.