Plan Ledger DOL Form 5500 · updated monthly

Grayson Mill Operating, LLC401(k)

GRAYSON MILL ENERGY, LLC RETIREMENT PLAN · HOUSTON, TX · plan year 2023

Reported admin expense ratio · 2023
0.66%

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

Grayson Mill Operating, LLC reported $63,555 in plan administrative expenses for 2023: 0.66% of average plan assets, above the peer median. Employer contributions averaged $9,514 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 1.59%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other mining, oil & gas extraction employers. By assets it is the 2,628th-largest of 5,688 plans among Texas employers on file, and 375th of 612 in mining, oil & gas extraction. In 2023, employees put in $1.15 for every $1.00 the employer contributed; active participation has grown from 198 to 238 since 2022.

Plan summary
Net assets, end of year$13,306,604
Participants with balances266
Active participants238
Employer contributions$2,264,443
Employee contributions$2,610,682
Employer contribution per active participant$9,514
Average account balance$50,025
Benefits paid to participants$575,493
Plan auditUnmodified (clean) audit opinion
AuditorSEITZ DEMARCO & MCGOVERN PLLC
Plan history3
Yearassets · accounts · employer contribution
2024$6K · $2.2M emplr
2023$13.3M · 266 accts · $2.3M emplr
2022$5.9M · 190 accts · $1.0M emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$34,799
Investment management$28,756
Total administrative$63,555
The Grayson Mill Operating, LLC 401(k) match · 2023
Employer contribution per active participant$9,514
Median for plans this size$1,308
2023$9,514 per active participant
2022$5,233 per active participant

Grayson Mill Operating, LLC's 2023 employer contribution ran above the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20232
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$34,799
LINSCOMB & WILLIAMS INC · Investment advisory (plan)$28,756

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$105,649 · 1.59%
2023$63,555 · 0.66%
2022$11,518 · 0.20%
Same employer
Similar plansMining, Oil & Gas Extraction · Texas
Fleur de Lis Energy, L.L.C. TX$15.1M · 0.48%
Spur Energy Partners LLC TX$13.9M · 0.33%
Cyanco Holding Corporation TX$13.1M · 0.32%
Orion Pacific, Inc. TX$13.1M · 0.29%
Atlas Sand Company, LLC TX$13.0M · 0.47%
Aegsi Holdings LLC TX$12.7M · 0.52%

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Source: U.S. Department of Labor, Form 5500 series, EIN 320508676 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.