Plan Ledger DOL Form 5500 · updated monthly

Elamex USA, Corp.401(k)

ELAMEX USA INVESTMENT SAVINGS PLAN AND TRUST · EL PASO, TX · plan year 2024

Reported admin expense ratio · 2024
0.12%

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

Elamex USA, Corp. reported $20,403 in plan administrative expenses for 2024: 0.12% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,157 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 0.10% to 0.12%. 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 2,152nd-largest of 5,688 plans among Texas employers on file, and the 6,279th of 13,661 in manufacturing. In 2024, employees put in $2.80 for every $1.00 the employer contributed; active participation has shrunk from 613 to 536 since 2022.

Plan summary
Net assets, end of year$18,268,543
Participants with balances599
Active participants536
Employer contributions$620,136
Employee contributions$1,736,216
Employer contribution per active participant$1,157
Average account balance$30,498
Benefits paid to participants$2,556,469
Plan auditUnmodified (clean) audit opinion
AuditorSTRICKLER & PRIETO, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$18.3M · 599 accts · $620K emplr
2023$16.3M · 657 accts · $672K emplr
2022$13.4M · 621 accts · $613K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$15,882
Investment management$4,521
Total administrative$20,403
The Elamex USA, Corp. 401(k) match · 2024
Employer contribution per active participant$1,157
Median for plans this size$2,416
2024$1,157 per active participant
2023$1,232 per active participant
2022$1,000 per active participant

Elamex USA, Corp.'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 · 20241
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$15,882

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

Administrative cost history3
2024$20,403 · 0.12%
2023$19,130 · 0.13%
2022$14,954 · 0.10%
Similar plansManufacturing · Texas
Leonard Holding Company TX$18.5M · 0.30%
Interceramic, Inc. TX$18.5M · 0.05%
Colt Services, LP TX$18.4M · 0.27%

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Source: U.S. Department of Labor, Form 5500 series, EIN 522104555 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.