Plan Ledger DOL Form 5500 · updated monthly

Haag Engineering Co.401(k)

HAAG ENGINEERING CO. EMPLOYEES PROFIT SHARING/401(K) PLAN AND TRUST · FLOWER MOUND, TX · plan year 2024

Reported admin expense ratio · 2024
0.19%

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

Haag Engineering Co. reported $70,183 in plan administrative expenses for 2024: 0.19% of average plan assets, below the peer median. Employer contributions averaged $4,696 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 0.17% to 0.19%. 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 1,254th-largest of 5,688 plans among Texas employers on file, and the 3,337th of 11,654 in professional & technical services. In 2024, employees put in $2.41 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$39,469,839
Participants with balances196
Active participants162
Employer contributions$760,710
Employee contributions$1,836,511
Employer contribution per active participant$4,696
Average account balance$201,377
Benefits paid to participants$2,365,488
Plan auditUnmodified (clean) audit opinion
Plan history4
Yearassets · accounts · employer contribution
2025$0
2024$39.5M · 196 accts · $761K emplr
2023$34.4M · 188 accts · $704K emplr
2022$29.0M · 187 accts · $640K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$30,136
Investment management$35,109
Audit (IQPA)$4,938
Total administrative$70,183
The Haag Engineering Co. 401(k) match · 2024
Employer contribution per active participant$4,696
Median for plans this size$2,416
2024$4,696 per active participant
2023$4,319 per active participant
2022$4,297 per active participant

Haag Engineering Co.'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
USI ADVISORS INC · Investment advisory (plan)$35,109
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$30,136

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

Administrative cost history4
2025Not separately reported
2024$70,183 · 0.19%
2023$55,327 · 0.17%
2022$55,791 · 0.17%
Same employer
Similar plansProfessional & Technical Services · Texas
Embark Consulting, LLC TX$40.3M · 0.42%
Geo Control Systems, Inc. TX$39.2M · 0.40%
Alliantgroup LP TX$39.0M · 0.38%
Catapult Systems, LLC TX$39.0M · 0.29%

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Source: U.S. Department of Labor, Form 5500 series, EIN 751102228 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.