Plan Ledger DOL Form 5500 · updated monthly

Equipment Depot, Inc.401(k)

EQUIPMENT DEPOT DEFINED CONTRIBUTION PLAN · WACO, TX · plan year 2024

Reported admin expense ratio · 2024
0.22%

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

Equipment Depot, Inc. reported $321,010 in plan administrative expenses for 2024: 0.22% of average plan assets, above the peer median. Employer contributions averaged $2,016 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 0.21% to 0.22%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other management of companies employers. By assets it is the 466th-largest of 5,688 plans among Texas employers on file, and the 172nd of 786 in management of companies. In 2024, employees put in $3.31 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$155,194,421
Participants with balances2,060
Active participants1,699
Employer contributions$3,425,594
Employee contributions$11,323,576
Employer contribution per active participant$2,016
Average account balance$75,337
Benefits paid to participants$22,204,369
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$155.2M · 2,060 accts · $3.4M emplr
2023$142.2M · 2,189 accts · $3.8M emplr
2022$114.0M · 1,975 accts · $2.8M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$253,188
Investment management$42,492
Audit (IQPA)$25,330
Total administrative$321,010
The Equipment Depot, Inc. 401(k) match · 2024
Employer contribution per active participant$2,016
Median for plans this size$3,635
2024$2,016 per active participant
2023$2,053 per active participant
2022$1,769 per active participant

Equipment Depot, 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 · 20244
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$253,188
MERCER · Investment advisory (plan)$42,492
MCCONNELL & JONES LLP · Accounting / audit · Investment advisory (plan)$25,330
MORNINGSTAR INVESTMENT MANAGEMENT L · Investment advisory (participants)indirect comp

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$321,010 · 0.22%
2023$291,292 · 0.23%
2022$261,495 · 0.21%
Same employer
Similar plansManagement of Companies · Texas
Southwestern Energy Company TX$208.3M · 0.14%
Hunting U.S. Holdings, Inc. TX$194.0M · 0.14%
Pon North America, Inc. TX$117.8M · 0.16%
Atlantic Aviation Fbo Inc. TX$109.9M · 0.20%
Pvi Holdings, Inc. TX$107.8M · 0.20%

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Source: U.S. Department of Labor, Form 5500 series, EIN 113768341 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.