Plan Ledger DOL Form 5500 · updated monthly

Godwin Bowman PC401(k)

GODWIN BOWMAN PC 401(K) SAVINGS AND RETIREMENT PLAN · DALLAS, TX · plan year 2022

Reported admin expense ratio · 2022
0.84%

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

Godwin Bowman PC reported $52,092 in plan administrative expenses for 2022: 0.84% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,354 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 professional & technical services employers. By assets it is among the smaller plans on file in Texas (3,913th of 5,688), and 9,564th of 11,654 in professional & technical services. In 2022, employees put in $3.07 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$5,576,014
Participants with balances83
Active participants39
Employer contributions$91,798
Employee contributions$281,804
Employer contribution per active participant$2,354
Average account balance$67,181
Benefits paid to participants$467,031
Plan auditUnmodified (clean) audit opinion
AuditorCORNWELL JACKSON, PLLC
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$25,892
Investment management$25,000
Professional / advisory$1,200
Total administrative$52,092
The Godwin Bowman PC 401(k) match · 2022
Employer contribution per active participant$2,354
Median for plans this size$1,114

Godwin Bowman PC'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$52,092 · 0.84%
Similar plansProfessional & Technical Services · Texas
Js Operating Company, LP TX$5.6M · 0.19%
Kazoo, Inc. TX$5.6M · 0.43%
Digital Air Control, Inc. TX$5.5M · 0.05%
Powertherm Co Inc TX$5.5M · 0.01%
Srf Personnel, Inc. TX$5.5M · 0.70%

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Source: U.S. Department of Labor, Form 5500 series, EIN 383668135 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.