Plan Ledger DOL Form 5500 · updated monthly

Detex Corporation401(k)

DETEX CORPORATION 401(K) & PROFIT SHARING PLAN · NEW BRAUNFELS, TX · plan year 2024

Reported admin expense ratio · 2024
0.05%

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

Detex Corporation reported $6,781 in plan administrative expenses for 2024: 0.05% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,293 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 0.06% to 0.05%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 2,700th-largest of 5,688 plans among Texas employers on file, and 7,817th of 13,661 in manufacturing. In 2024, employees put in $1.62 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$12,693,942
Participants with balances128
Active participants121
Employer contributions$277,405
Employee contributions$449,560
Employer contribution per active participant$2,293
Average account balance$99,171
Benefits paid to participants$2,264,231
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$12.7M · 128 accts · $277K emplr
2023$12.4M · 123 accts · $316K emplr
2022$11.1M · 117 accts · $298K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$1,863
Investment management$4,918
Total administrative$6,781
The Detex Corporation 401(k) match · 2024
Employer contribution per active participant$2,293
Median for plans this size$2,416
2024$2,293 per active participant
2023$2,726 per active participant
2022$2,633 per active participant

Detex Corporation's 2024 employer contribution ran below the $2,416 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 · 20241
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$1,863

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$6,781 · 0.05%
2023$8,232 · 0.07%
2022$7,746 · 0.06%
Same employer
Similar plansManufacturing · Texas
Quality Sausage Company LLC TX$12.8M · 0.32%
Tejas Industries, Inc. TX$12.8M · 0.74%
Alegacy Group TX$12.7M · 0.02%
Revision LLC TX$12.7M · 0.30%
Gr Energy Services Mgt LP TX$12.6M · 0.51%
Barcel USA, LLC TX$12.6M · 0.56%
Red Dot Corporation TX$12.5M · 0.26%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 135028040 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.