Plan Ledger DOL Form 5500 · updated monthly

First Financial Resources, Inc.401(k)

FIRST FINANCIAL RESOURCES, INC. PROFIT SHARING PLAN AND TRUST · DENTON, TX · plan year 2024

Reported admin expense ratio · 2024
0.01%

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

First Financial Resources, Inc. reported $4,725 in plan administrative expenses for 2024: 0.01% of average plan assets, lower than ~75% of peers. Employer contributions averaged $628 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 0.02% to 0.01%. 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 1,364th-largest of 5,688 plans among Texas employers on file, and the 3,654th of 11,654 in professional & technical services. In 2024, employees put in $8.51 for every $1.00 the employer contributed; active participation has shrunk from 279 to 243 since 2022.

Plan summary
Net assets, end of year$35,359,701
Participants with balances419
Active participants243
Employer contributions$152,661
Employee contributions$1,299,732
Employer contribution per active participant$628
Average account balance$84,391
Benefits paid to participants$4,706,358
Plan auditUnmodified (clean) audit opinion
AuditorCAPITAL ACCOUNTING & AUDIT LLC
Plan history3
Yearassets · accounts · employer contribution
2024$35.4M · 419 accts · $153K emplr
2023$33.7M · 444 accts · $173K emplr
2022$30.6M · 447 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$4,725
Total administrative$4,725
The First Financial Resources, Inc. 401(k) match · 2024
Employer contribution per active participant$628
Median for plans this size$2,416
2024$628 per active participant
2023$644 per active participant

First Financial Resources, Inc.'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 · 20243
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$4,725
STIFEL NICOLAUS & CO INCindirect comp
PARK AVENUE SECURITIESindirect comp

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$4,725 · 0.01%
2023$5,075 · 0.02%
2022$5,500 · 0.02%
Similar plansProfessional & Technical Services · Texas
Trintech Inc. TX$36.0M · 0.41%
Suveto Buyer, LLC TX$35.6M · 0.80%
Vysus Moduspec Inc. TX$35.6M · 0.08%
Stem, Inc. TX$35.3M · 0.25%
Corel Inc. TX$35.1M · 0.20%
Moroch Holdings, Inc. TX$35.0M · 0.22%

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Source: U.S. Department of Labor, Form 5500 series, EIN 370638031 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.