Plan Ledger DOL Form 5500 · updated monthly

Cisco Equipment Rentals, LLC401(k)

CISCO EQUIPMENT 401(K) PROFIT SHARING PLAN · ODESSA, TX · plan year 2024

Reported admin expense ratio · 2024
0.48%

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

Cisco Equipment Rentals, LLC reported $27,307 in plan administrative expenses for 2024: 0.48% of average plan assets, below the peer median. Employer contributions averaged $2,850 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 0.33% to 0.48%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in Texas (3,781st of 5,688), and 3,736th of 5,337 in construction. In 2024, employees put in $2.04 for every $1.00 the employer contributed; active participation has shrunk from 105 to 87 since 2022.

Plan summary
Net assets, end of year$6,159,972
Participants with balances140
Active participants87
Employer contributions$247,973
Employee contributions$505,768
Employer contribution per active participant$2,850
Average account balance$44,000
Benefits paid to participants$496,591
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$6.2M · 140 accts · $248K emplr
2023$5.1M · 134 accts · $241K emplr
2022$3.9M · 125 accts · $208K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$19,086
Investment management$8,221
Total administrative$27,307
The Cisco Equipment Rentals, LLC 401(k) match · 2024
Employer contribution per active participant$2,850
Median for plans this size$1,313
2024$2,850 per active participant
2023$2,430 per active participant
2022$1,984 per active participant

Cisco Equipment Rentals, LLC'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 · 20242
NEWPORT GROUP, INC. · Loan processing · Recordkeeping$19,086
PRIME CAPITAL INVESTMENT · Investment advisory (plan)$8,221

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

Recordkeeper by year2
2024Newport (Ascensus)
2023Newport (Ascensus)

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$27,307 · 0.48%
2023$21,482 · 0.48%
2022$13,718 · 0.33%
Same employer
Similar plansConstruction · Texas
Binkley & Barfield, Inc. TX$6.2M · 1.04%
Rnwbl, LLC TX$6.1M · 0.92%
Able Industrial, LLC TX$6.0M · 0.46%

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Source: U.S. Department of Labor, Form 5500 series, EIN 412257891 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.