Plan Ledger DOL Form 5500 · updated monthly

Brsi, LP401(k)

BENEFIT RECOVERY 401(K) PLAN · HOUSTON, TX · plan year 2024

Reported admin expense ratio · 2024
0.73%

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

Brsi, LP reported $46,310 in plan administrative expenses for 2024: 0.73% of average plan assets, above the peer median. Employer contributions averaged $649 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 0.21% to 0.73%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other finance & insurance employers. By assets it is among the smaller plans on file in Texas (3,653rd of 5,688), and 4,301st of 4,798 in finance & insurance. In 2024, employees put in $3.70 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$6,791,728
Participants with balances197
Active participants154
Employer contributions$100,000
Employee contributions$370,378
Employer contribution per active participant$649
Average account balance$34,476
Benefits paid to participants$811,671
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$6.8M · 197 accts · $100K emplr
2023$6.0M · 196 accts · $100K emplr
2022$4.9M · 193 accts · $100K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$46,310
Total administrative$46,310
The Brsi, LP 401(k) match · 2024
Employer contribution per active participant$649
Median for plans this size$1,313
2024$649 per active participant
2023$671 per active participant
2022$617 per active participant

Brsi, LP's 2024 employer contribution ran below the $1,313 median for plans its size, in the bottom quarter of its peers. 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
UBS FINANCIAL SERVICES INC · Investment advisory (plan)$30,074
CAPITAL GROUP RETIREMENT PLAN SERVI$13,436
THE ANGELL PENSION GROUP INC · Contract administrator$3,800

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$46,310 · 0.73%
2023$30,685 · 0.57%
2022$11,295 · 0.21%
Same employer
Similar plansFinance & Insurance · Texas
Texas Community Bank TX$6.9M · 0.02%
Herring Bank TX$6.8M · 1.30%
Futu Clearing Inc. TX$6.4M · 1.52%
Healthcare Highways, LLC TX$6.4M · 0.85%
Salient Partners, L.P. TX$6.3M · 0.03%

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Source: U.S. Department of Labor, Form 5500 series, EIN 760558170 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.