Plan Ledger DOL Form 5500 · updated monthly

Fashion Glass & Mirror, LTD.401(k)

FASHION GLASS & MIRROR, LTD. 401(K) RETIREMENT SAVINGS PLAN · DESOTO, TX · plan year 2024

Reported admin expense ratio · 2024
0.53%

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

Fashion Glass & Mirror, LTD. reported $22,940 in plan administrative expenses for 2024: 0.53% of average plan assets, below the peer median. Employer contributions averaged $424 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 0.63% to 0.53%. 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 (4,101st of 5,688), and 4,026th of 5,337 in construction. In 2024, employees put in $4.96 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$4,852,631
Participants with balances467
Active participants277
Employer contributions$117,522
Employee contributions$583,030
Employer contribution per active participant$424
Average account balance$10,391
Benefits paid to participants$297,966
Plan auditUnmodified (clean) audit opinion
AuditorJAMES MILLER, P.C.
Plan history3
Yearassets · accounts · employer contribution
2024$4.9M · 467 accts · $118K emplr
2023$3.8M · 390 accts · $121K emplr
2022$3.5M · 268 accts · $99K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$22,940
Total administrative$22,940
The Fashion Glass & Mirror, LTD. 401(k) match · 2024
Employer contribution per active participant$424
Median for plans this size$1,313
2024$424 per active participant
2023$435 per active participant
2022$362 per active participant

Fashion Glass & Mirror, LTD.'s 2024 employer contribution ran below the $1,313 median for plans its size, in the bottom quarter of its peers. 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
RESOURCE BENEFITS ADMINISTRATORS · Contract administrator$19,714

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$22,940 · 0.53%
2023$21,493 · 0.59%
2022$23,182 · 0.63%
Same employer
Similar plansConstruction · Texas
Onx Holdings, Inc. TX$4.9M · 0.89%
The McCarty Corporation TX$4.9M · 0.66%
Metro Mechanical, Inc. TX$4.8M · 0.94%
Osburn Contractors, Inc. TX$4.8M · 0.90%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 751433371 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.