Plan Ledger DOL Form 5500 · updated monthly

Contract Datascan LP401(k)

CONTRACT DATASCAN LP 401 K PROFIT SHARING PLAN TRUST · CARROLLTON, TX · plan year 2024

Reported admin expense ratio · 2024
0.68%

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

Contract Datascan LP reported $44,283 in plan administrative expenses for 2024: 0.68% of average plan assets, above the peer median. Employer contributions averaged $1,744 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 0.39% to 0.68%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other other services employers. By assets it is among the smaller plans on file in Texas (3,585th of 5,688), and 1,997th of 3,341 in other services. In 2024, employees put in $2.49 for every $1.00 the employer contributed; active participation has grown from 101 to 173 since 2022.

Plan summary
Net assets, end of year$7,102,131
Participants with balances108
Active participants173
Employer contributions$301,689
Employee contributions$750,323
Employer contribution per active participant$1,744
Average account balance$65,760
Benefits paid to participants$602,370
Plan auditUnmodified (clean) audit opinion
AuditorWATSON FINANCIAL, LLC
Plan history3
Yearassets · accounts · employer contribution
2024$7.1M · 108 accts · $302K emplr
2023$5.8M · 102 accts · $259K emplr
2022$5.9M · 90 accts · $215K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$39,536
Total administrative$44,283
The Contract Datascan LP 401(k) match · 2024
Employer contribution per active participant$1,744
Median for plans this size$1,313
2024$1,744 per active participant
2023$1,751 per active participant
2022$2,124 per active participant

Contract Datascan LP's 2024 employer contribution ran above 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
JOHN HANCOCK · Recordkeeping · Investment management$1,176
ARMANINO ADVISORY LLC · Pension consulting · Valuation$8,831
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$7,195

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

Recordkeeper by year2
2024John Hancock
2023John Hancock

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

Administrative cost history3
2024$44,283 · 0.68%
2023$54,357 · 0.93%
2022$25,443 · 0.39%
Similar plansOther Services · Texas
The Intellekt Group TX$7.4M · 0.66%
Arms of Hope TX$7.1M · 0.02%
Vizza Wash, L.P. TX$7.0M · 0.58%
Radio Holland USA, Inc. TX$6.9M · 0.41%

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Source: U.S. Department of Labor, Form 5500 series, EIN 752496977 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.