Plan Ledger DOL Form 5500 · updated monthly

Food Safety Net Services, LTD401(k)

CERTIFIED GROUP 401(K) · SAN ANTONIO, TX · plan year 2024

Reported admin expense ratio · 2024
0.29%

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

Food Safety Net Services, LTD reported $142,444 in plan administrative expenses for 2024: 0.29% of average plan assets, below the peer median. Employer contributions averaged $1,616 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 0.40% to 0.29%. 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 1,003rd-largest of 5,688 plans among Texas employers on file, and the 2,602nd of 11,654 in professional & technical services. In 2024, employees put in $2.62 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$53,938,032
Participants with balances1,617
Active participants1,175
Employer contributions$1,898,628
Employee contributions$4,968,713
Employer contribution per active participant$1,616
Average account balance$33,357
Benefits paid to participants$4,648,678
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$53.9M · 1,617 accts · $1.9M emplr
2023$45.2M · 1,636 accts · $2.6M emplr
2022$36.3M · 1,602 accts · $2.4M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$88,533
Investment management$53,911
Total administrative$142,444
The Food Safety Net Services, LTD 401(k) match · 2024
Employer contribution per active participant$1,616
Median for plans this size$2,416
2024$1,616 per active participant
2023$2,347 per active participant
2022$1,987 per active participant

Food Safety Net Services, LTD'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 · 20244
TRANSAMERICA RETIREMENT SOLUTIONS · Recordkeeping · Loan processing$88,533
NFP RETIREMENT INC. · Consulting · Investment advisory (plan)$30,000
BANK OF AMERICA NA · Investment advisory (plan) · Investment management$14,615
RESPONSIVE · Consulting$9,297

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

Recordkeeper by year2
2024Transamerica
2023Transamerica

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Administrative cost history3
2024$142,444 · 0.29%
2023$122,655 · 0.30%
2022$106,073 · 0.40%
Similar plansProfessional & Technical Services · Texas
Quisitive, LLC TX$55.3M · 0.30%
Ryder Scott Company, L.P. TX$54.2M · 0.02%
Gray Reed & McGraw LLP TX$54.1M · 0.06%
Patterson & Sheridan, LLP TX$53.7M · 0.04%
Absolute Software, Inc. TX$53.7M · 0.07%
Castle Biosciences Inc TX$52.9M · 0.25%
July Business Services TX$52.9M · 1.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 742937355 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.