Plan Ledger DOL Form 5500 · updated monthly

Fabco, LLC401(k)

FABCO, LLC 401(K) PROFIT SHARING PLAN AND TRUST · HOUSTON, TX · plan year 2024

Reported admin expense ratio · 2024
0.29%

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

Fabco, LLC reported $22,100 in plan administrative expenses for 2024: 0.29% of average plan assets, below the peer median. Employer contributions averaged $992 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 0.09% to 0.29%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in Texas (3,350th of 5,688), and 3,350th of 5,337 in construction. In 2024, employees put in $3.04 for every $1.00 the employer contributed; active participation has shrunk from 364 to 261 since 2022.

Plan summary
Net assets, end of year$8,249,886
Participants with balances220
Active participants261
Employer contributions$259,024
Employee contributions$787,083
Employer contribution per active participant$992
Average account balance$37,499
Benefits paid to participants$421,495
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$8.2M · 220 accts · $259K emplr
2023$6.7M · 204 accts · $247K emplr
2022$4.8M · 205 accts · $241K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$4,812
Investment management$17,288
Total administrative$22,100
The Fabco, LLC 401(k) match · 2024
Employer contribution per active participant$992
Median for plans this size$1,313
2024$992 per active participant
2023$651 per active participant
2022$662 per active participant

Fabco, LLC's 2024 employer contribution ran below the $1,313 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
UBS FINANCIAL SERVICES INC · Investment advisory (plan)$17,288
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$4,812

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$22,100 · 0.29%
2023$17,338 · 0.30%
2022$4,434 · 0.09%
Same employer
Similar plansConstruction · Texas
Troy Construction, LLC TX$8.5M · 1.28%
Csa Construction, Inc. TX$8.3M · 0.00%
Boyer, Inc. TX$8.2M · 0.26%
Uretek USA, Inc. TX$8.0M · 0.42%

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Source: U.S. Department of Labor, Form 5500 series, EIN 010933826 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.