Plan Ledger DOL Form 5500 · updated monthly

Earl Owen Company, Inc.401(k)

EARL OWEN COMPANY, INC. 401(K) PROFIT SHARING PLAN · CARROLLTON, TX · plan year 2022

Reported admin expense ratio · 2022
0.55%

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

Earl Owen Company, Inc. reported $80,609 in plan administrative expenses for 2022: 0.55% of average plan assets, higher than ~75% of peers. Employer contributions averaged $3,267 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 1 year on file its reported administrative ratio rose from 0.55% to 1.14%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,806 comparable plans and shown alongside other wholesale trade employers. By assets it is among the smaller plans on file in Texas (2,848th of 5,688), and 2,715th of 4,246 in wholesale trade. In 2022, employees put in $1.17 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$11,630,191
Participants with balances137
Active participants117
Employer contributions$382,219
Employee contributions$447,910
Employer contribution per active participant$3,267
Average account balance$84,892
Benefits paid to participants$3,551,344
Plan auditUnmodified (clean) audit opinion
AuditorHOWARD LLP
Plan history2
Yearassets · accounts · employer contribution
2023$1.6M · 77 accts · $299K emplr
2022$11.6M · 137 accts · $382K emplr
The Earl Owen Company, Inc. 401(k) match · 2022
Employer contribution per active participant$3,267
Median for plans this size$2,266
2023$299,093 per active participant
2022$3,267 per active participant

Earl Owen Company, Inc.'s 2022 employer contribution ran above the $2,266 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history2
2023$74,842 · 1.14%
2022$80,609 · 0.55%
Same employer
Similar plansWholesale Trade · Texas
Giglio Distributing Company TX$11.9M · 0.01%
Petroleum Wholesale, L.P. TX$11.7M · 0.65%
Vector Controls, LLC TX$11.7M · 0.31%
Parrish & Company, Inc. TX$11.6M · 0.43%
Documation, Inc. TX$11.4M · 0.51%
Act Pipe and Supply, Inc. TX$11.3M · 0.12%

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Source: U.S. Department of Labor, Form 5500 series, EIN 751548733 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.