Plan Ledger DOL Form 5500 · updated monthly

Compressor Engineering Corporation401(k)

COMPRESSOR ENGINEERING CORPORATION 401(K) PROFIT SHARING PLAN · HOUSTON, TX · plan year 2024

Reported admin expense ratio · 2024
0.29%

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

Compressor Engineering Corporation reported $24,949 in plan administrative expenses for 2024: 0.29% of average plan assets, below the peer median. Employer contributions averaged $1,066 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 0.07% to 0.29%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Texas (3,212th of 5,688), and 9,212th of 13,661 in manufacturing. In 2024, employees put in $2.84 for every $1.00 the employer contributed; active participation has grown from 89 to 158 since 2022.

Plan summary
Net assets, end of year$9,041,609
Participants with balances298
Active participants158
Employer contributions$168,487
Employee contributions$478,612
Employer contribution per active participant$1,066
Average account balance$30,341
Benefits paid to participants$888,017
Plan auditUnmodified (clean) audit opinion
AuditorWRINKLE, GARDNER & COMPANY, P.C.
Plan history3
Yearassets · accounts · employer contribution
2024$9.0M · 298 accts · $168K emplr
2023$8.3M · 275 accts · $54K emplr
2022$7.4M · 259 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$8,135
Total administrative$24,949
The Compressor Engineering Corporation 401(k) match · 2024
Employer contribution per active participant$1,066
Median for plans this size$1,313
2024$1,066 per active participant
2023$381 per active participant

Compressor Engineering Corporation's 2024 employer contribution ran below the $1,313 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
CAPITAL GROUP RETIREMENT PLAN SERVI$13,178
RAYMOND JAMES & ASSOCIATES INC · Investment advisory (plan)$9,722
LOREN D STARK COMPANY · Contract administrator$1,362

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$24,949 · 0.29%
2023$5,711 · 0.07%
2022$5,485 · 0.07%
Same employer
Similar plansManufacturing · Texas
Packless Industries TX$9.1M · 0.42%
Sandenvendo America, Inc. TX$9.1M · 0.05%
Staley Steele LLC TX$9.0M · 0.14%
Teasdale Foods Inc. TX$9.0M · 0.58%

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Source: U.S. Department of Labor, Form 5500 series, EIN 741501643 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.