Plan Ledger DOL Form 5500 · updated monthly

Germer PLLC401(k)

GERMER PLLC 401(K) PLAN · BEAUMONT, TX · plan year 2024

Reported admin expense ratio · 2024
0.13%

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

Germer PLLC reported $52,624 in plan administrative expenses for 2024: 0.13% of average plan assets, below the peer median. Employer contributions averaged $4,953 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 0.14% to 0.13%. 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 1,166th-largest of 5,688 plans among Texas employers on file, and the 3,068th of 11,654 in professional & technical services. In 2024, employees put in $1.83 for every $1.00 the employer contributed; active participation has grown from 164 to 216 since 2022.

Plan summary
Net assets, end of year$43,710,159
Participants with balances257
Active participants216
Employer contributions$1,069,786
Employee contributions$1,959,741
Employer contribution per active participant$4,953
Average account balance$170,078
Benefits paid to participants$2,307,537
Plan auditUnmodified (clean) audit opinion
AuditorCOOK PARKER AND ASSOCIATES, LLC
Plan history3
Yearassets · accounts · employer contribution
2024$43.7M · 257 accts · $1.1M emplr
2023$37.8M · 225 accts · $950K emplr
2022$31.2M · 211 accts · $1.0M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$1,300
Investment management$51,324
Total administrative$52,624
The Germer PLLC 401(k) match · 2024
Employer contribution per active participant$4,953
Median for plans this size$2,416
2024$4,953 per active participant
2023$5,554 per active participant
2022$6,132 per active participant

Germer PLLC's 2024 employer contribution ran above the $2,416 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
BEAUMONT ASSET MANAGEMENT LLC · Investment advisory (plan)$51,324

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$52,624 · 0.13%
2023$46,262 · 0.13%
2022$46,588 · 0.14%
Same employer
Similar plansProfessional & Technical Services · Texas
Lone Star Legal Aid TX$45.9M · 0.01%
Global Shop Solutions, Inc. TX$44.0M · 0.21%
Actian Corporation TX$43.7M · 0.22%
Pmg Worldwide, LLC TX$43.7M · 0.03%

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Source: U.S. Department of Labor, Form 5500 series, EIN 760445148 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.