Plan Ledger DOL Form 5500 · updated monthly

Deposition Solutions, LLC dba Lexitas401(k)

LEXITAS 401K PLAN · HOUSTON, TX · plan year 2024

Reported admin expense ratio · 2024
0.40%

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

Deposition Solutions, LLC dba Lexitas reported $86,003 in plan administrative expenses for 2024: 0.40% of average plan assets, above the peer median. Employer contributions averaged $631 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 fell from 0.48% to 0.40%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 1,730th-largest of 5,688 plans among Texas employers on file, and the 4,730th of 11,654 in professional & technical services. In 2024, employees put in $5.10 for every $1.00 the employer contributed; active participation has grown from 1,063 to 1,258 since 2022.

Plan summary
Net assets, end of year$25,159,557
Participants with balances693
Active participants1,258
Employer contributions$793,178
Employee contributions$4,046,182
Employer contribution per active participant$631
Average account balance$36,305
Benefits paid to participants$1,411,452
Plan auditUnmodified (clean) audit opinion
AuditorCROWE, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$25.2M · 693 accts · $793K emplr
2023$17.7M · 618 accts · $658K emplr
2022$11.3M · 432 accts · $517K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$86,003
Total administrative$86,003
The Deposition Solutions, LLC dba Lexitas 401(k) match · 2024
Employer contribution per active participant$631
Median for plans this size$2,416
2024$631 per active participant
2023$540 per active participant
2022$486 per active participant

Deposition Solutions, LLC dba Lexitas's 2024 employer contribution ran below the $2,416 median for plans its size, in the bottom 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
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$86,002
DEFINITI, LLC · Other servicesindirect 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$86,003 · 0.40%
2023$58,341 · 0.40%
2022$46,229 · 0.48%
Same employer
Similar plansProfessional & Technical Services · Texas
Opportune LLP TX$25.7M · 0.25%
Ndt Global, LLC TX$25.7M · 0.41%
Intuitive Machines, LLC TX$25.1M · 0.13%
Ghg Corporation TX$25.1M · 0.03%
Mre Consulting, LTD. TX$25.0M · 0.10%
Partnercomm, Inc. TX$24.8M · 0.04%

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Source: U.S. Department of Labor, Form 5500 series, EIN 464363191 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.