Plan Ledger DOL Form 5500 · updated monthly

Canyon Partners, L.L.C.401(k)

CANYON PARTNERS, L.L.C. 401(K) RETIREMENT SAVINGS PLAN · DALLAS, TX · plan year 2024

Reported admin expense ratio · 2024
0.05%

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

Canyon Partners, L.L.C. reported $47,741 in plan administrative expenses for 2024: 0.05% of average plan assets, lower than ~75% of peers. Employer contributions averaged $11,490 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 0.046% to 0.054%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other finance & insurance employers. By assets it is the 679th-largest of 5,688 plans among Texas employers on file, and the 1,040th of 4,798 in finance & insurance. In 2024, employees put in $1.91 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$95,150,790
Participants with balances340
Active participants223
Employer contributions$2,562,376
Employee contributions$4,903,349
Employer contribution per active participant$11,490
Average account balance$279,855
Benefits paid to participants$7,108,437
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$95.2M · 340 accts · $2.6M emplr
2023$81.4M · 339 accts · $2.4M emplr
2022$67.3M · 337 accts · $2.2M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$16,541
Investment management$25,000
Audit (IQPA)$6,200
Total administrative$47,741
The Canyon Partners, L.L.C. 401(k) match · 2024
Employer contribution per active participant$11,490
Median for plans this size$3,635
2024$11,490 per active participant
2023$11,197 per active participant
2022$10,040 per active participant

Canyon Partners, L.L.C.'s 2024 employer contribution ran above the $3,635 median for plans its size, placing it in the top 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 · 20244
BFSG LLC · Investment management$25,000
CITY NATIONAL BANK · Accounting / audit$14,000
CHARLES SCHWAB & CO, INC. · Securities brokerage$375

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$47,741 · 0.05%
2023$44,714 · 0.06%
2022$32,973 · 0.05%
Same employer
Similar plansFinance & Insurance · Texas
Colonial Savings, F.A. TX$107.9M · 0.07%
Austin Bank, Texas, N.A. TX$103.3M · 0.00%
Triumph Financial, Inc. TX$101.0M · 0.11%
Verabank, Inc. TX$88.7M · 0.15%
Nexpoint Advisors, LP TX$88.1M · 0.10%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 954665514 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.