Plan Ledger DOL Form 5500 · updated monthly

Fesco, LTD.401(k)

FESCO, LTD. 401(K) PLAN · ALICE, TX · plan year 2024

Reported admin expense ratio · 2024
0.13%

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

Fesco, LTD. reported $60,526 in plan administrative expenses for 2024: 0.13% of average plan assets, below the peer median. Employer contributions averaged $593 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 3 years on file its reported administrative ratio has held roughly steady near 0.133%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 1,126th-largest of 5,688 plans among Texas employers on file, and the 2,943rd of 11,654 in professional & technical services. In 2024, employees put in $7.02 for every $1.00 the employer contributed; active participation has shrunk from 672 to 378 since 2022.

Plan summary
Net assets, end of year$45,961,610
Participants with balances504
Active participants378
Employer contributions$224,092
Employee contributions$1,573,615
Employer contribution per active participant$593
Average account balance$91,194
Benefits paid to participants$7,297,810
Plan auditUnmodified (clean) audit opinion
AuditorMICHAEL D. BURNETT, CPA
Plan history3
Yearassets · accounts · employer contribution
2024$46.0M · 504 accts · $224K emplr
2023$45.1M · 438 accts · $231K emplr
2022$40.4M · 478 accts · $175K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$29,659
Investment management$6,867
Audit (IQPA)$24,000
Total administrative$60,526
The Fesco, LTD. 401(k) match · 2024
Employer contribution per active participant$593
Median for plans this size$2,416
2024$593 per active participant
2023$338 per active participant
2022$260 per active participant

Fesco, LTD.'s 2024 employer contribution ran below the $2,416 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 · 20244
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$29,659
MICHAEL D BURNETT, CPA · Accounting / audit$18,000
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$6,867
VALORIE S. FOSTER, C.P.A. · Accounting / audit$6,000

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$60,526 · 0.13%
2023$38,680 · 0.09%
2022$60,714 · 0.13%
Same employer
Similar plansProfessional & Technical Services · Texas
General Datatech, LP TX$47.5M · 0.56%
Contract Land Staff, LLC TX$47.0M · 0.47%
Lone Star Legal Aid TX$45.9M · 0.01%
Global Shop Solutions, Inc. TX$44.0M · 0.21%

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Source: U.S. Department of Labor, Form 5500 series, EIN 741458395 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.