Plan Ledger DOL Form 5500 · updated monthly

Chemical Weed Control, Inc.401(k)

CHEMICAL WEED CONTROL, INC. 401(K) PLAN · BROWNWOOD, TX · plan year 2024

Reported admin expense ratio · 2024
0.22%

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

Chemical Weed Control, Inc. reported $26,556 in plan administrative expenses for 2024: 0.22% of average plan assets, below the peer median. Employer contributions averaged $2,881 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 0.24% to 0.22%. 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 2,664th-largest of 5,688 plans among Texas employers on file, and 7,110th of 11,654 in professional & technical services. In 2024, employees put in $1.35 for every $1.00 the employer contributed; active participation has grown from 163 to 190 since 2022.

Plan summary
Net assets, end of year$12,963,106
Participants with balances194
Active participants190
Employer contributions$547,465
Employee contributions$741,731
Employer contribution per active participant$2,881
Average account balance$66,820
Benefits paid to participants$1,375,660
Plan auditUnmodified (clean) audit opinion
AuditorCONDLEY AND COMPANY
Plan history3
Yearassets · accounts · employer contribution
2024$13.0M · 194 accts · $547K emplr
2023$11.5M · 185 accts · $474K emplr
2022$9.6M · 179 accts · $434K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$4,800
Investment management$6,056
Total administrative$26,556
The Chemical Weed Control, Inc. 401(k) match · 2024
Employer contribution per active participant$2,881
Median for plans this size$2,416
2024$2,881 per active participant
2023$2,757 per active participant
2022$2,664 per active participant

Chemical Weed Control, Inc.'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
CONDLEY AND COMPANY LLP$15,700
EDWARD JONES · Investment advisory (plan)$6,056
CAPITAL GROUP RETIREMENT PLAN SVCS. · Trustee (directed) · Other services$4,800

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$26,556 · 0.22%
2023$24,688 · 0.23%
2022$24,580 · 0.24%
Same employer
Similar plansProfessional & Technical Services · Texas
Calvetti Ferguson, LLC TX$13.2M · 0.38%
Canva US, Inc. TX$13.1M · 0.41%
Stracon Services Group, LLC TX$13.0M · 0.72%
Sirius Solutions, Lllp TX$12.9M · 0.01%
Morae Global Corporation TX$12.8M · 0.40%
B.E.A.T., LLC TX$12.8M · 0.53%

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Source: U.S. Department of Labor, Form 5500 series, EIN 752140016 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.