Plan Ledger DOL Form 5500 · updated monthly

Brown Sims, P.C.401(k)

BROWN SIMS, P.C. 401(K) PLAN · HOUSTON, TX · plan year 2024

Reported admin expense ratio · 2024
0.24%

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

Brown Sims, P.C. reported $49,638 in plan administrative expenses for 2024: 0.24% of average plan assets, below the peer median. Employer contributions averaged $3,323 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 0.26% to 0.24%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 1,884th-largest of 5,688 plans among Texas employers on file, and the 5,163rd of 11,654 in professional & technical services. In 2024, employees put in $2.00 for every $1.00 the employer contributed; active participation has grown from 122 to 204 since 2022.

Plan summary
Net assets, end of year$22,246,258
Participants with balances194
Active participants204
Employer contributions$677,797
Employee contributions$1,358,430
Employer contribution per active participant$3,323
Average account balance$114,671
Benefits paid to participants$1,358,456
Plan auditUnmodified (clean) audit opinion
AuditorFRIERSON SOLA SIMONTON & KUTAC PLLC
Plan history3
Yearassets · accounts · employer contribution
2024$22.2M · 194 accts · $678K emplr
2023$18.6M · 160 accts · $510K emplr
2022$14.7M · 150 accts · $377K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$5,250
Investment management$43,813
Total administrative$49,638
The Brown Sims, P.C. 401(k) match · 2024
Employer contribution per active participant$3,323
Median for plans this size$2,416
2024$3,323 per active participant
2023$2,710 per active participant
2022$3,091 per active participant

Brown Sims, P.C.'s 2024 employer contribution ran above 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 · 20243
VOYA RETIREMENT INSURANCE AND ANNUI · Investment advisory (participants)$18,959
FRIERSON SOLA SIMONTON AND KUTAC$18,330
NOVA 401(K) ASSOCIATES · Other services$6,518

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$49,638 · 0.24%
2023$47,270 · 0.28%
2022$42,045 · 0.26%
Same employer
Similar plansProfessional & Technical Services · Texas
Agilethought, LLC TX$22.3M · 0.65%
Foster LLP TX$21.7M · 0.08%

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Source: U.S. Department of Labor, Form 5500 series, EIN 742073784 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.