Plan Ledger DOL Form 5500 · updated monthly

Foster LLP401(k)

FOSTER LLP 401(K) PLAN · HOUSTON, TX · plan year 2024

Reported admin expense ratio · 2024
0.08%

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

Foster LLP reported $15,728 in plan administrative expenses for 2024: 0.08% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,694 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 0.03% to 0.08%. 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 1,919th-largest of 5,688 plans among Texas employers on file, and the 5,248th of 11,654 in professional & technical services. In 2024, employees put in $3.34 for every $1.00 the employer contributed; active participation has grown from 93 to 110 since 2022.

Plan summary
Net assets, end of year$21,726,808
Participants with balances140
Active participants110
Employer contributions$296,352
Employee contributions$990,893
Employer contribution per active participant$2,694
Average account balance$155,191
Benefits paid to participants$973,290
Plan auditUnmodified (clean) audit opinion
AuditorABIP, PC
Plan history3
Yearassets · accounts · employer contribution
2024$21.7M · 140 accts · $296K emplr
2023$18.6M · 145 accts · $307K emplr
2022$15.0M · 140 accts · $287K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$600
Investment management$4,128
Audit (IQPA)$11,000
Total administrative$15,728
The Foster LLP 401(k) match · 2024
Employer contribution per active participant$2,694
Median for plans this size$2,416
2024$2,694 per active participant
2023$3,099 per active participant
2022$3,090 per active participant

Foster LLP's 2024 employer contribution ran above 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 · 20242
ABIP, P.C. · Accounting / audit$11,000
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$600

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$15,728 · 0.08%
2023$39,419 · 0.23%
2022$5,137 · 0.03%
Similar plansProfessional & Technical Services · Texas
Agilethought, LLC TX$22.3M · 0.65%
Brown Sims, P.C. TX$22.2M · 0.24%
9THWONDER Global, LLC TX$21.6M · 0.29%
Reel Fx, Inc. TX$21.6M · 0.20%

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Source: U.S. Department of Labor, Form 5500 series, EIN 263550614 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.