Plan Ledger DOL Form 5500 · updated monthly

First Texas Homes, Inc.401(k)

FIRST TEXAS HOMES, INC. 401(K) PLAN · DALLAS, TX · plan year 2024

Reported admin expense ratio · 2024
0.15%

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

First Texas Homes, Inc. reported $18,541 in plan administrative expenses for 2024: 0.15% of average plan assets, below the peer median. Employer contributions averaged $2,154 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 0.12% to 0.15%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other construction employers. By assets it is the 2,601st-largest of 5,688 plans among Texas employers on file, and the 2,639th of 5,337 in construction. In 2024, employees put in $2.20 for every $1.00 the employer contributed; active participation has shrunk from 295 to 236 since 2022.

Plan summary
Net assets, end of year$13,492,991
Participants with balances231
Active participants236
Employer contributions$508,285
Employee contributions$1,116,513
Employer contribution per active participant$2,154
Average account balance$58,411
Benefits paid to participants$760,411
Plan auditUnmodified (clean) audit opinion
AuditorTURNER STONE AND COMPANY
Plan history3
Yearassets · accounts · employer contribution
2024$13.5M · 231 accts · $508K emplr
2023$11.2M · 229 accts · $471K emplr
2022$8.7M · 221 accts · $394K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$18,541
Total administrative$18,541
The First Texas Homes, Inc. 401(k) match · 2024
Employer contribution per active participant$2,154
Median for plans this size$2,416
2024$2,154 per active participant
2023$2,028 per active participant
2022$1,337 per active participant

First Texas Homes, Inc.'s 2024 employer contribution ran below the $2,416 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 · 20245
VOYA RETIREMENT ADVISORS, LLC · Investment advisory (participants)$6,479
VOYA RETIREMENT INSURANCE AND ANNUI · Investment advisory (participants)$3,025
MORNINGSTAR INVESTMENT MANAGEMENT · Investment advisory (participants)$3,025
LOREN D. STARK COMPANY · Other servicesindirect comp
MORNINGSTAR · Investment advisory (plan)indirect 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$18,541 · 0.15%
2023$14,569 · 0.15%
2022$11,645 · 0.12%
Same employer
Similar plansConstruction · Texas
Bar Constructors, Inc. TX$13.5M · 0.02%
Hull Associates, LLC TX$13.3M · 0.71%
I.C.S., Inc. TX$13.0M · 0.51%
Phillips/May Corporation TX$12.5M · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 752082539 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.