Plan Ledger DOL Form 5500 · updated monthly

Central Texas Iron Works401(k)

CENTRAL TEXAS IRON WORKS PROFIT SHARING 401(K) PLAN · WACO, TX · plan year 2025

Reported admin expense ratio · 2025
0.24%

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

Central Texas Iron Works reported $56,293 in plan administrative expenses for 2025: 0.24% of average plan assets, below the peer median. Employer contributions averaged $4,344 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 4 years on file its reported administrative ratio has held roughly steady near 0.24%. The plan sits in the $10M–$50M size bracket, benchmarked here against 1,620 comparable plans and shown alongside other construction employers. By assets it is the 1,776th-largest of 5,688 plans among Texas employers on file, and the 1,774th of 5,337 in construction. In 2025, the employer put in $1.90 for every $1.00 employees contributed themselves; active participation has grown from 207 to 242 since 2022.

Plan summary
Net assets, end of year$24,303,531
Participants with balances188
Active participants242
Employer contributions$1,051,253
Employee contributions$551,977
Employer contribution per active participant$4,344
Average account balance$129,274
Benefits paid to participants$1,894,434
Plan auditUnmodified (clean) audit opinion
Plan history4
Yearassets · accounts · employer contribution
2025$24.3M · 188 accts · $1.1M emplr
2024$22.2M · 253 accts · $1.4M emplr
2023$19.4M · 229 accts · $883K emplr
2022$18.2M · 238 accts · $672K emplr
Administrative expenses, itemized · 2025
Recordkeeping & contract admin$52,711
Total administrative$56,293
The Central Texas Iron Works 401(k) match · 2025
Employer contribution per active participant$4,344
Median for plans this size$2,666
2025$4,344 per active participant
2024$6,062 per active participant
2023$4,127 per active participant
2022$3,245 per active participant

Central Texas Iron Works's 2025 employer contribution ran above the $2,666 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 2025 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20254
RBC CAPITAL MARKETS LLC · Investment advisory (plan)$32,414
SAGEVIEW ADVISORY GROUP, LLC · Investment advisory (plan)$10,805
EMPOWER ADVISORY GROUP, LLC · Investment management$7,584

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

Administrative cost history4
2025$56,293 · 0.24%
2024$51,955 · 0.25%
2023$54,365 · 0.29%
2022$50,730 · 0.25%
Same employer
Similar plansConstruction · Texas
Venture Mechanical, Inc. TX$24.7M · 0.39%
Big State Electric, LTD. TX$24.5M · 0.13%

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Source: U.S. Department of Labor, Form 5500 series, EIN 943274792 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.