Plan Ledger DOL Form 5500 · updated monthly

Ed Hicks Imports401(k)

ED HICKS IMPORTS 401(K) PROFIT SHARING PLAN · CORPUS CHRISTI, TX · plan year 2023

Reported admin expense ratio · 2023
0.41%

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

Ed Hicks Imports reported $21,381 in plan administrative expenses for 2023: 0.41% of average plan assets, below the peer median. Employer contributions averaged $580 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 has held roughly steady near 0.41%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other retail trade employers. By assets it is among the smaller plans on file in Texas (3,886th of 5,688), and 3,574th of 5,215 in retail trade. In 2023, employees put in $5.16 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$5,690,164
Participants with balances89
Active participants126
Employer contributions$73,116
Employee contributions$376,913
Employer contribution per active participant$580
Average account balance$63,934
Benefits paid to participants$389,420
Plan auditUnmodified (clean) audit opinion
AuditorCOLLIER, JOHNSON & WOODS P.C.
Plan history2
Yearassets · accounts · employer contribution
2023$5.7M · 89 accts · $73K emplr
2022$4.8M · 70 accts · $46K emplr
The Ed Hicks Imports 401(k) match · 2023
Employer contribution per active participant$580
Median for plans this size$1,308
2023$580 per active participant
2022$314 per active participant

Ed Hicks Imports's 2023 employer contribution ran below the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20232
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$11,552
FROST BANK · Investment advisory (plan)$9,829

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

Administrative cost history2
2023$21,381 · 0.41%
2022$20,769 · 0.40%
Similar plansRetail Trade · Texas
Bering Home Center, Inc. TX$5.8M · 0.64%
Gibson Sales, LP TX$5.8M · 0.00%
Savcop, LTD TX$5.7M · 0.22%
Triple R Brothers, LTD TX$5.4M · 0.56%

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Source: U.S. Department of Labor, Form 5500 series, EIN 201032447 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.