Plan Ledger DOL Form 5500 · updated monthly

Clayton Foundation for Research401(k)

CLAYTON FOUNDATION FOR RESEARCH EMPLOYEES' 401K · HOUSTON, TX · plan year 2024

Reported admin expense ratio · 2024
0.34%

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

Clayton Foundation for Research reported $63,055 in plan administrative expenses for 2024: 0.34% of average plan assets, above the peer median. Employer contributions averaged $11,144 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 0.03% to 0.34%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other other services employers. By assets it is the 2,063rd-largest of 5,688 plans among Texas employers on file, and the 1,075th of 3,341 in other services. In 2024, the employer put in $4.51 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$19,490,362
Participants with balances142
Active participants40
Employer contributions$445,772
Employee contributions$98,735
Employer contribution per active participant$11,144
Average account balance$137,256
Benefits paid to participants$1,144,850
Plan auditUnmodified (clean) audit opinion
AuditorTANGE, MANN & GARZA, P.C.
Plan history3
Yearassets · accounts · employer contribution
2024$19.5M · 142 accts · $446K emplr
2023$17.7M · 143 accts · $467K emplr
2022$15.4M · 140 accts · $437K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$57,642
Investment management$5,363
Total administrative$63,055
The Clayton Foundation for Research 401(k) match · 2024
Employer contribution per active participant$11,144
Median for plans this size$2,416
2024$11,144 per active participant
2023$9,523 per active participant
2022$10,654 per active participant

Clayton Foundation for Research's 2024 employer contribution ran above the $2,416 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
VOYA RETIREMENT INSURANCE & ANNUITY · Investment advisory (participants)$63,055
ONEDIGITAL INVESTMENT ADVISORSindirect comp

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$63,055 · 0.34%
2023$51,623 · 0.31%
2022$5,841 · 0.03%
Similar plansOther Services · Texas
Dallas Theological Seminary TX$20.9M · 0.50%
Brandon & Clark, Inc. TX$19.4M · 0.11%
Rug Doctor, LLC TX$17.8M · 0.29%

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Source: U.S. Department of Labor, Form 5500 series, EIN 741541767 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.