Plan Ledger DOL Form 5500 · updated monthly

Chem Tech Services, Inc.401(k)

CHEM TECH SERVICES 401K PLAN · LEVELLAND, TX · plan year 2024

Reported admin expense ratio · 2024
0.95%

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

Chem Tech Services, Inc. reported $62,747 in plan administrative expenses for 2024: 0.95% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,791 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 0.79% to 0.95%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other wholesale trade employers. By assets it is among the smaller plans on file in Texas (3,472nd of 5,688), and 3,277th of 4,246 in wholesale trade. In 2024, employees put in $1.82 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$7,585,442
Participants with balances136
Active participants200
Employer contributions$558,167
Employee contributions$1,016,091
Employer contribution per active participant$2,791
Average account balance$55,775
Benefits paid to participants$380,130
Plan auditUnmodified (clean) audit opinion
AuditorBOLINGER SEGARS GILBERT & MOSS LLP
Plan history2
Yearassets · accounts · employer contribution
2024$7.6M · 136 accts · $558K emplr
2022$3.8M · 97 accts · $366K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$62,747
Total administrative$62,747
The Chem Tech Services, Inc. 401(k) match · 2024
Employer contribution per active participant$2,791
Median for plans this size$1,313
2024$2,791 per active participant
2022$2,527 per active participant

Chem Tech Services, Inc.'s 2024 employer contribution ran above the $1,313 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
TRANSAMERICA LIFE INS CO · Recordkeeping · Loan processing$11,774
PENTEC PENSION MGMT · Recordkeeping · Loan processing$1,680
EDWARD D JONES & CO L.P, · Investment advisory (plan)$31,706
MESIROW FINANCIAL, INC. · Investment advisory (plan)$1,315

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

Administrative cost history2
2024$62,747 · 0.95%
2022$26,211 · 0.79%
Same employer
Similar plansWholesale Trade · Texas
Gajeske, Inc. TX$7.9M · 0.06%
Winzer Corporation TX$7.8M · 0.66%
Wiseda Corporation TX$7.7M · 0.67%
Grand Openings, Inc. TX$7.6M · 0.22%
Longhorn, Inc. TX$7.4M · 0.66%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 751724696 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.