Plan Ledger DOL Form 5500 · updated monthly

Grocery Services, Inc.401(k)

GROCERY SERVICES, INC. 401(K) PLAN · HOUSTON, TX · plan year 2024

Reported admin expense ratio · 2024
1.05%

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

Grocery Services, Inc. reported $29,935 in plan administrative expenses for 2024: 1.05% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,786 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 0.47% to 1.05%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other retail trade employers. By assets it is among the smaller plans on file in Texas (4,605th of 5,688), and 4,363rd of 5,215 in retail trade. In 2024, the employer put in $1.24 for every $1.00 employees contributed themselves; active participation has grown from 124 to 142 since 2022.

Plan summary
Net assets, end of year$2,946,942
Participants with balances131
Active participants142
Employer contributions$253,624
Employee contributions$204,473
Employer contribution per active participant$1,786
Average account balance$22,496
Benefits paid to participants$609,267
Plan auditUnmodified (clean) audit opinion
AuditorHARPER AND PEARSON COMPANY
Plan history3
Yearassets · accounts · employer contribution
2024$2.9M · 131 accts · $254K emplr
2023$2.8M · 121 accts · $248K emplr
2022$2.1M · 113 accts · $100K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$29,935
Total administrative$29,935
The Grocery Services, Inc. 401(k) match · 2024
Employer contribution per active participant$1,786
Median for plans this size$1,313
2024$1,786 per active participant
2023$1,910 per active participant
2022$810 per active participant

Grocery Services, Inc.'s 2024 employer contribution ran above 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 · 20241
ADP, INC. · Loan processing · Recordkeeping$29,934

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024ADP
2023ADP

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$29,935 · 1.05%
2023$25,824 · 1.06%
2022$9,859 · 0.47%
Similar plansRetail Trade · Texas
Quality Implement Company TX$3.0M · 0.51%
Fleco Industries, Inc. TX$3.0M · 0.12%
Hi Tech Imports LLC TX$2.9M · 1.04%
Texas Pride Fuels LTD TX$2.9M · 0.15%
Drago Investments, LTD TX$2.9M · 0.41%
Niece Equipment LP TX$2.9M · 0.03%

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Source: U.S. Department of Labor, Form 5500 series, EIN 760365059 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.