Plan Ledger DOL Form 5500 · updated monthly

Brandon & Clark, Inc.401(k)

BRANDON & CLARK, INC. 401(K) PLAN · LUBBOCK, TX · plan year 2024

Reported admin expense ratio · 2024
0.11%

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

Brandon & Clark, Inc. reported $21,442 in plan administrative expenses for 2024: 0.11% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,441 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 0.06% to 0.11%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other other services employers. By assets it is the 2,073rd-largest of 5,688 plans among Texas employers on file, and the 1,082nd of 3,341 in other services. In 2024, employees put in $2.67 for every $1.00 the employer contributed; active participation has grown from 200 to 223 since 2022.

Plan summary
Net assets, end of year$19,386,592
Participants with balances208
Active participants223
Employer contributions$321,252
Employee contributions$856,705
Employer contribution per active participant$1,441
Average account balance$93,205
Benefits paid to participants$2,206,880
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$19.4M · 208 accts · $321K emplr
2023$18.5M · 229 accts · $402K emplr
2022$16.6M · 223 accts · $354K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$21,442
Total administrative$21,442
The Brandon & Clark, Inc. 401(k) match · 2024
Employer contribution per active participant$1,441
Median for plans this size$2,416
2024$1,441 per active participant
2023$1,887 per active participant
2022$1,769 per active participant

Brandon & Clark, Inc.'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 · 20241
ADP, INC. · Loan processing · Recordkeeping$21,442

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$21,442 · 0.11%
2023$11,916 · 0.07%
2022$10,187 · 0.06%
Same employer
Similar plansOther Services · Texas
Dallas Theological Seminary TX$20.9M · 0.50%
Rug Doctor, LLC TX$17.8M · 0.29%
Repairify, Inc. TX$17.6M · 0.48%

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Source: U.S. Department of Labor, Form 5500 series, EIN 750786433 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.