Plan Ledger DOL Form 5500 · updated monthly

Extraco Corporation401(k)

EXTRACO CORPORATION RETIREMENT PLAN · TEMPLE, 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

Extraco Corporation reported $123,181 in plan administrative expenses for 2024: 0.22% of average plan assets, above the peer median. Employer contributions averaged $2,921 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 0.14% to 0.22%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other finance & insurance employers. By assets it is the 936th-largest of 5,688 plans among Texas employers on file, and the 1,465th of 4,798 in finance & insurance. In 2024, employees put in $1.92 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$59,760,262
Participants with balances401
Active participants333
Employer contributions$972,818
Employee contributions$1,866,484
Employer contribution per active participant$2,921
Average account balance$149,028
Benefits paid to participants$4,132,254
Plan auditUnmodified (clean) audit opinion
AuditorJAYNES, REITMEIER, BOYD & THERRELL
Plan history3
Yearassets · accounts · employer contribution
2024$59.8M · 401 accts · $973K emplr
2023$54.5M · 353 accts · $909K emplr
2022$46.6M · 400 accts · $878K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$53,966
Investment management$69,215
Total administrative$123,181
The Extraco Corporation 401(k) match · 2024
Employer contribution per active participant$2,921
Median for plans this size$3,635
2024$2,921 per active participant
2023$2,576 per active participant
2022$2,628 per active participant

Extraco Corporation'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
ASSETMARK · Investment advisory (plan)$69,215
JULY BUSINESS SERVICES · Contract administrator$53,966

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$123,181 · 0.22%
2023$99,941 · 0.20%
2022$70,834 · 0.14%
Same employer
Similar plansFinance & Insurance · Texas
Guaranty Bancshares, Inc. TX$61.5M · 0.25%
Ethos Group, Inc. TX$59.1M · 0.46%
Beal Service Corporation TX$58.7M · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 742137239 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.