Plan Ledger DOL Form 5500 · updated monthly

Empyrean Benefit Solutions, Inc.401(k)

EMPYREAN BENEFIT SOLUTIONS, INC. 401(K) PLAN · HOUSTON, TX · plan year 2024

Reported admin expense ratio · 2024
0.39%

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

Empyrean Benefit Solutions, Inc. reported $227,895 in plan administrative expenses for 2024: 0.39% of average plan assets, higher than ~90% of peers. Employer contributions averaged $2,528 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 fell from 0.44% to 0.39%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other professional & technical services employers. By assets it is the 890th-largest of 5,688 plans among Texas employers on file, and the 2,200th of 11,654 in professional & technical services. In 2024, employees put in $2.36 for every $1.00 the employer contributed; active participation has grown from 749 to 872 since 2022.

Plan summary
Net assets, end of year$65,095,836
Participants with balances769
Active participants872
Employer contributions$2,204,544
Employee contributions$5,213,611
Employer contribution per active participant$2,528
Average account balance$84,650
Benefits paid to participants$4,011,620
Plan auditUnmodified (clean) audit opinion
AuditorLBMC, PC
Plan history3
Yearassets · accounts · employer contribution
2024$65.1M · 769 accts · $2.2M emplr
2023$52.8M · 722 accts · $2.0M emplr
2022$40.6M · 672 accts · $1.7M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$211,191
Investment management$15,104
Total administrative$227,895
The Empyrean Benefit Solutions, Inc. 401(k) match · 2024
Employer contribution per active participant$2,528
Median for plans this size$3,635
2024$2,528 per active participant
2023$2,393 per active participant
2022$2,316 per active participant

Empyrean Benefit Solutions, Inc.'s 2024 employer contribution ran below the $3,635 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 · 20242
VOYA RETIREMENT ADVISORS, LLC · Investment advisory (participants)$15,095

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$227,895 · 0.39%
2023$207,614 · 0.44%
2022$186,174 · 0.44%
Same employer
Similar plansProfessional & Technical Services · Texas
American Campus Communities TX$65.7M · 0.50%
Cp&Y, Inc. TX$65.4M · 0.02%
Upland Software, Inc. TX$65.2M · 0.42%
Rps Americas, Inc. TX$64.8M · 0.05%
McGinnis Lochridge LLP TX$64.6M · 0.24%
Cyrusone LLC TX$64.4M · 0.32%
Khoros TX$63.2M · 0.21%

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Source: U.S. Department of Labor, Form 5500 series, EIN 203029813 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.