Plan Ledger DOL Form 5500 · updated monthly

Fordyce Holdings, Inc.401(k)

FORDYCE 401(K) AND PROFIT SHARING PLAN · VICTORIA, TX · plan year 2022

Reported admin expense ratio · 2022
0.01%

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

Fordyce Holdings, Inc. reported $400 in plan administrative expenses for 2022: 0.01% of average plan assets, lower than ~75% of peers. Employer contributions averaged $9,561 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other mining, oil & gas extraction employers. By assets it is among the smaller plans on file in Texas (5,023rd of 5,688), and 572nd of 612 in mining, oil & gas extraction. In 2022, employees put in $1.70 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$1,704,017
Participants with balances17
Active participants5
Employer contributions$47,803
Employee contributions$81,245
Employer contribution per active participant$9,561
Average account balance$100,236
Benefits paid to participants$1,909,190
Plan auditUnmodified (clean) audit opinion
AuditorROLOFF,HNATEK&CO.,LLP
The Fordyce Holdings, Inc. 401(k) match · 2022
Employer contribution per active participant$9,561
Median for plans this size$1,114

Fordyce Holdings, Inc.'s 2022 employer contribution ran above the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$400 · 0.01%
Similar plansMining, Oil & Gas Extraction · Texas
Tierra Lease Service, LLC TX$2.6M · 0.06%
Circle 8 Newco, LLC TX$2.4M · 0.02%
Iacx Energy, LLC TX$2.4M · 0.71%
Line Quest, LLC TX$1.6M · 1.31%
Iron Horse Tools, Inc. TX$1.2M · 0.51%

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Source: U.S. Department of Labor, Form 5500 series, EIN 740629110 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.