Plan Ledger DOL Form 5500 · updated monthly

Effex Management Solutions, LLC401(k)

EFFEX 401(K) PLAN · KINGWOOD, TX · plan year 2019

Reported admin expense ratio · 2019
2.53%

Effex Management Solutions, LLC reported $854 in plan administrative expenses for 2019: 2.53% of average plan assets, higher than ~90% of peers. 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 6 years on file its reported administrative ratio fell from 12.68% to 0.68%. The plan sits in the under $1M size bracket, benchmarked here against 102 comparable plans and shown alongside other administrative & support services employers. By assets it is among the smaller plans on file in Texas (5,663rd of 5,688), and 2,508th of 2,534 in administrative & support services. active participation has shrunk from 552 to 279 since 2016.

Plan summary
Net assets, end of year$38,595
Participants with balances16
Active participants279
Employer contributions—
Employee contributions$23,874
Employer contribution per active participant—
Average account balance$2,412
Benefits paid to participants$7,631
Plan auditUnmodified (clean) audit opinion
AuditorRILEY AND COMPANY PLLC
Plan history6
Yearassets · accounts · employer contribution
2022$29K · 10 accts
2020$34K · 13 accts
2019$39K · 16 accts
2018$29K · 18 accts
2017$9K · 8 accts
2016$14K · 9 accts
Administrative expenses, itemized · 2019
Recordkeeping & contract admin$854
Total administrative$854
What these fees cost you

Annual cost at the plan's reported 2019 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history6
2022$211 · 0.68%
2020$870 · 2.41%
2019$854 · 2.53%
2018$925 · 4.84%
2017$626 · 5.31%
2016$1,000 · 12.68%
Same employer
Similar plansAdministrative & Support Services · Texas
Arc Abatement, Inc. TX$76K · 1.25%
Texscape Services, LLC TX$233 · 2.80%

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Source: U.S. Department of Labor, Form 5500 series, EIN 272222855 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.