Plan Ledger DOL Form 5500 · updated monthly

Diligent/Norlyn Enterprises, Inc.401(k)

DILIGENT/NORLYN 401(K) PLAN · HOUSTON, TX · plan year 2024

Reported admin expense ratio · 2024
1.53%

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

Diligent/Norlyn Enterprises, Inc. reported $79,034 in plan administrative expenses for 2024: 1.53% of average plan assets, higher than ~90% of peers. Employer contributions averaged $999 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 1.28% to 1.53%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other transportation & warehousing employers. By assets it is among the smaller plans on file in Texas (3,940th of 5,688), and 1,574th of 2,677 in transportation & warehousing. In 2024, employees put in $2.60 for every $1.00 the employer contributed; active participation has shrunk from 565 to 330 since 2022.

Plan summary
Net assets, end of year$5,468,758
Participants with balances569
Active participants330
Employer contributions$329,693
Employee contributions$857,821
Employer contribution per active participant$999
Average account balance$9,611
Benefits paid to participants$939,445
Plan auditUnmodified (clean) audit opinion
AuditorPEDGE
Plan history3
Yearassets · accounts · employer contribution
2024$5.5M · 569 accts · $330K emplr
2023$4.9M · $338K emplr
2022$3.5M · 276 accts · $239K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$26,953
Investment management$14,201
Audit (IQPA)$37,000
Trustee / custodial$880
Total administrative$79,034
The Diligent/Norlyn Enterprises, Inc. 401(k) match · 2024
Employer contribution per active participant$999
Median for plans this size$1,313
2024$999 per active participant
2023$940 per active participant
2022$423 per active participant

Diligent/Norlyn Enterprises, Inc.'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
PAYCHEX, INC. · Recordkeeping$14,506
MERRILL LYNCH, PIERCE, FENNER · Investment advisory (plan)$6,867
ERISA FIDUCIARY SERVICES, INC. · Contract administrator$5,675

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

Recordkeeper by year2
2024Paychex
2023Paychex

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

Administrative cost history3
2024$79,034 · 1.53%
2023$59,963 · 1.42%
2022$45,840 · 1.28%
Similar plansTransportation & Warehousing · Texas
Bbenefits, LLC TX$6.5M · 0.44%
Pencco, Inc. TX$5.5M · 0.87%

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Source: U.S. Department of Labor, Form 5500 series, EIN 760670043 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.