Plan Ledger DOL Form 5500 · updated monthly

Finley Resources Inc.401(k)

FINLEY RESOURCES INC 401(K) PLAN · FORT WORTH, TX · plan year 2024

Reported admin expense ratio · 2024
0.04%

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

Finley Resources Inc. reported $8,586 in plan administrative expenses for 2024: 0.04% of average plan assets, lower than ~75% of peers. Employer contributions averaged $4,781 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 0.05% to 0.04%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other mining, oil & gas extraction employers. By assets it is the 1,872nd-largest of 5,688 plans among Texas employers on file, and the 294th of 612 in mining, oil & gas extraction. In 2024, employees put in $1.41 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$22,523,089
Participants with balances314
Active participants247
Employer contributions$1,180,901
Employee contributions$1,663,034
Employer contribution per active participant$4,781
Average account balance$71,730
Benefits paid to participants$987,414
Plan auditUnmodified (clean) audit opinion
AuditorPAYNE & SMITH LLC CPA
Plan history3
Yearassets · accounts · employer contribution
2024$22.5M · 314 accts · $1.2M emplr
2023$17.1M · 314 accts · $1.2M emplr
2022$14.0M · 289 accts · $1.0M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$8,586
Total administrative$8,586
The Finley Resources Inc. 401(k) match · 2024
Employer contribution per active participant$4,781
Median for plans this size$2,416
2024$4,781 per active participant
2023$4,805 per active participant
2022$4,202 per active participant

Finley Resources Inc.'s 2024 employer contribution ran above the $2,416 median for plans its size, placing it in the top 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
ADP, INC. · Loan processing · Recordkeeping$8,585
ADP BROKER-DEALERindirect comp

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024ADP
2023ADP

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$8,586 · 0.04%
2023$5,850 · 0.04%
2022$7,029 · 0.05%
Same employer
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Tam International, Inc. TX$23.5M · 0.39%
Burk Royalty Co., LTD. TX$23.5M · 0.37%
Tellurian Services LLC TX$23.4M · 0.09%
Enven Energy Ventures LLC TX$22.1M · 0.08%
Maersk Drilling USA, Inc. TX$21.9M · 0.14%
US Well Services, LLC TX$21.1M · 0.57%

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Source: U.S. Department of Labor, Form 5500 series, EIN 752510032 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.