Plan Ledger DOL Form 5500 · updated monthly

Draco Spring Manufacturing Co.401(k)

DRACO SPRING MANUFACTURING COMPANY EMPLOYEES SAVINGS AND RE · HOUSTON, TX · plan year 2024

Reported admin expense ratio · 2024
0.24%

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

Draco Spring Manufacturing Co. reported $29,438 in plan administrative expenses for 2024: 0.24% of average plan assets, below the peer median. Employer contributions averaged $869 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 0.02% to 0.24%. 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 2,667th-largest of 5,688 plans among Texas employers on file, and 7,732nd of 13,661 in manufacturing. In 2024, employees put in $4.49 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$12,945,923
Participants with balances106
Active participants83
Employer contributions$72,120
Employee contributions$324,050
Employer contribution per active participant$869
Average account balance$122,131
Benefits paid to participants$479,925
Plan auditUnmodified (clean) audit opinion
AuditorFITTS ROBERTS KOLKHORSE &CO P
Plan history3
Yearassets · accounts · employer contribution
2024$12.9M · 106 accts · $72K emplr
2023$11.4M · 120 accts · $70K emplr
2022$9.9M · 119 accts · $57K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$2,151
Investment management$27,287
Total administrative$29,438
The Draco Spring Manufacturing Co. 401(k) match · 2024
Employer contribution per active participant$869
Median for plans this size$2,416
2024$869 per active participant
2023$801 per active participant
2022$668 per active participant

Draco Spring Manufacturing Co.'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 · 20243
MORGAN STANLEY SMITH BARNEY · Recordkeeping · Trustee$27,286
ADP, INC. · Loan processing · Recordkeeping$2,150
ADP BROKER-DEALER · Other servicesindirect comp

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

Recordkeeper by year2
2024ADP, Morgan Stanley
2023ADP, Morgan Stanley

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

Administrative cost history3
2024$29,438 · 0.24%
2023$27,711 · 0.26%
2022$2,265 · 0.02%
Similar plansManufacturing · Texas
I-Corp TX$13.0M · 0.02%
Lamberti USA, Inc. TX$13.0M · 0.08%
Holmes Foods Inc. TX$13.0M · 0.49%
Cs Beef Packers, LLC TX$12.9M · 0.02%
Action Gypsum Supply, LP TX$12.9M · 0.63%
Quality Sausage Company LLC TX$12.8M · 0.32%
Tejas Industries, Inc. TX$12.8M · 0.74%
Alegacy Group TX$12.7M · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 741624707 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.