Plan Ledger DOL Form 5500 · updated monthly

Frazer, LTD401(k)

FRAZER, LTD 401(K) PLAN · HOUSTON, TX · plan year 2024

Reported admin expense ratio · 2024
0.42%

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

Frazer, LTD reported $20,670 in plan administrative expenses for 2024: 0.42% of average plan assets, below the peer median. Employer contributions averaged $952 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 0.02% to 0.42%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Texas (3,927th of 5,688), and 10,929th of 13,661 in manufacturing. In 2024, employees put in $3.43 for every $1.00 the employer contributed; active participation has grown from 166 to 285 since 2022.

Plan summary
Net assets, end of year$5,521,640
Participants with balances241
Active participants285
Employer contributions$271,316
Employee contributions$931,070
Employer contribution per active participant$952
Average account balance$22,911
Benefits paid to participants$739,679
Plan auditUnmodified (clean) audit opinion
AuditorWITHUMSMITHBROWN,PC
Plan history3
Yearassets · accounts · employer contribution
2024$5.5M · 241 accts · $271K emplr
2023$4.4M · 197 accts · $184K emplr
2022$3.1M · 176 accts · $166K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$11,460
Investment management$9,210
Total administrative$20,670
The Frazer, LTD 401(k) match · 2024
Employer contribution per active participant$952
Median for plans this size$1,313
2024$952 per active participant
2023$777 per active participant
2022$1,001 per active participant

Frazer, LTD's 2024 employer contribution ran below the $1,313 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
GLOBAL RETIREMENT PARTNERS LLC · Investment advisory (plan)$9,000

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$20,670 · 0.42%
2023Not separately reported
2022$780 · 0.02%
Same employer
Similar plansManufacturing · Texas
Venture Metals LLC TX$5.6M · 0.39%
Abbott Label, Inc. TX$5.6M · 0.50%
Smith Meter Inc. TX$5.5M · 0.31%

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Source: U.S. Department of Labor, Form 5500 series, EIN 741261318 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.