Plan Ledger DOL Form 5500 · updated monthly

Chesmar Homes LLC401(k)

CHESMAR HOMES LLC 401(K) PLAN · THE WOODLANDS, TX · plan year 2024

Reported admin expense ratio · 2024
0.01%

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

Chesmar Homes LLC reported $4,340 in plan administrative expenses for 2024: 0.01% of average plan assets, lower than ~75% of peers. Employer contributions averaged $6,501 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 1 year on file its reported administrative ratio fell from 0.009% to 0.007%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other construction employers. By assets it is the 871st-largest of 5,688 plans among Texas employers on file, and the 858th of 5,337 in construction. In 2024, employees put in $1.11 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$66,496,946
Participants with balances631
Active participants598
Employer contributions$3,887,702
Employee contributions$4,305,085
Employer contribution per active participant$6,501
Average account balance$105,383
Benefits paid to participants$6,905,137
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2024$66.5M · 631 accts · $3.9M emplr
2023$55.2M · 500 accts · $3.3M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$4,340
Total administrative$4,340
The Chesmar Homes LLC 401(k) match · 2024
Employer contribution per active participant$6,501
Median for plans this size$3,635
2024$6,501 per active participant
2023$7,754 per active participant

Chesmar Homes LLC's 2024 employer contribution ran above the $3,635 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 · 20241
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$4,340

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$4,340 · 0.01%
2023$4,042 · 0.01%
Same employer
Similar plansConstruction · Texas
Ibew Local Union No. 60 TX$71.8M · 0.75%
The Brandt Companies, LLC TX$68.3M · 0.21%
Wilks Brothers, LLC TX$68.2M · 0.11%
Tellepsen Corporation TX$55.8M · 0.05%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 202720694 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.