Plan Ledger DOL Form 5500 · updated monthly

Gr Energy Services Mgt LP401(k)

GR ENERGY 401(K) PLAN · SUGAR LAND, TX · plan year 2024

Reported admin expense ratio · 2024
0.51%

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

Gr Energy Services Mgt LP reported $59,339 in plan administrative expenses for 2024: 0.51% of average plan assets, higher than ~75% of peers. Employer contributions averaged $0 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 0.20% to 0.51%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 2,711th-largest of 5,688 plans among Texas employers on file, and 7,844th of 13,661 in manufacturing. active participation has shrunk from 873 to 600 since 2022.

Plan summary
Net assets, end of year$12,603,567
Participants with balances890
Active participants600
Employer contributions$0
Employee contributions$2,790,802
Employer contribution per active participant$0
Average account balance$14,161
Benefits paid to participants$2,332,037
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$12.6M · 890 accts
2023$10.5M · 970 accts
2022$8.1M · 1,832 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$59,339
Total administrative$59,339
The Gr Energy Services Mgt LP 401(k) match · 2024
Employer contribution per active participant$0
Median for plans this size$2,416

Gr Energy Services Mgt LP's 2024 employer contribution ran below the $2,416 median for plans its size, in the bottom 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
LOREN D STARK COMPANY INC · Contract administrator$9,600

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$59,339 · 0.51%
2023$73,628 · 0.80%
2022$17,264 · 0.20%
Same employer
Similar plansManufacturing · Texas
Alegacy Group TX$12.7M · 0.02%
Revision LLC TX$12.7M · 0.30%
Detex Corporation TX$12.7M · 0.05%
Barcel USA, LLC TX$12.6M · 0.56%
Red Dot Corporation TX$12.5M · 0.26%
Insightec Inc TX$12.3M · 0.59%

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Source: U.S. Department of Labor, Form 5500 series, EIN 800929135 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.