Plan Ledger DOL Form 5500 · updated monthly

Empower Clinic Services LLC401(k)

EMPOWER PHARMACY 401(K) PLAN · HOUSTON, TX · plan year 2024

Reported admin expense ratio · 2024
0.91%

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

Empower Clinic Services LLC reported $105,562 in plan administrative expenses for 2024: 0.91% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,599 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 0.61% to 0.91%. 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 2,439th-largest of 5,688 plans among Texas employers on file, and 7,136th of 13,661 in manufacturing. In 2024, employees put in $1.68 for every $1.00 the employer contributed; active participation has grown from 554 to 1,132 since 2022.

Plan summary
Net assets, end of year$14,862,441
Participants with balances934
Active participants1,132
Employer contributions$1,810,292
Employee contributions$3,040,302
Employer contribution per active participant$1,599
Average account balance$15,913
Benefits paid to participants$1,091,670
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$14.9M · 934 accts · $1.8M emplr
2023$8.2M · 875 accts · $1.0M emplr
2022$4.8M · 631 accts · $810K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$75,809
Investment management$29,753
Total administrative$105,562
The Empower Clinic Services LLC 401(k) match · 2024
Employer contribution per active participant$1,599
Median for plans this size$2,416
2024$1,599 per active participant
2023$1,323 per active participant
2022$1,462 per active participant

Empower Clinic Services LLC's 2024 employer contribution ran below the $2,416 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20243
HAYS GROUP INC DBA HAYS COMPANIES · Investment advisory (plan)$18,681
THE HAYS FINANCIAL GROUP, LLC · Investment advisory (plan)$11,072

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$105,562 · 0.91%
2023$64,586 · 0.99%
2022$29,625 · 0.61%
Same employer
Similar plansManufacturing · Texas
Bexar Concrete Works I, LTD TX$15.2M · 0.01%
Micropac Industries Inc. TX$15.1M · 0.44%
Allied Management Inc. TX$15.1M · 0.27%
Sunny Sky Products, LLC TX$15.0M · 0.81%
Rigid Global Buildings LLC TX$14.7M · 0.04%

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Source: U.S. Department of Labor, Form 5500 series, EIN 263899110 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.