Plan Ledger DOL Form 5500 · updated monthly

Haldor Topsoe, Inc.401(k)

DEFERRED SALARY PLAN FOR EMPLOYEES OF HALDOR TOPSOE, INC. · HOUSTON, TX · plan year 2024

Reported admin expense ratio · 2024
0.17%

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

Haldor Topsoe, Inc. reported $141,350 in plan administrative expenses for 2024: 0.17% of average plan assets, above the peer median. Employer contributions averaged $13,191 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 fell from 0.18% to 0.17%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other manufacturing employers. By assets it is the 713th-largest of 5,688 plans among Texas employers on file, and the 2,105th of 13,661 in manufacturing. In 2024, employees put in $1.05 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$87,158,691
Participants with balances299
Active participants212
Employer contributions$2,796,464
Employee contributions$2,941,565
Employer contribution per active participant$13,191
Average account balance$291,501
Benefits paid to participants$10,845,438
Plan auditUnmodified (clean) audit opinion
AuditorHAM, LANGSTON & BREZINA, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$87.2M · 299 accts · $2.8M emplr
2023$78.9M · 313 accts · $2.8M emplr
2022$66.0M · 291 accts · $2.5M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$83,798
Investment management$50,184
Trustee / custodial$7,368
Total administrative$141,350
The Haldor Topsoe, Inc. 401(k) match · 2024
Employer contribution per active participant$13,191
Median for plans this size$3,635
2024$13,191 per active participant
2023$13,373 per active participant
2022$12,707 per active participant

Haldor Topsoe, Inc.'s 2024 employer contribution ran above the $3,635 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 · 20244
MILLIMAN, INC. · Recordkeeping · Pension consulting$94,807
COOK STREET CONSULTING · Investment advisory (plan)$39,175
CHARLES SCHWAB BANK · Custodial (securities) · Trustee (directed)$7,368
CHARLES SCHWAB & CO., INC. · Custodial (securities)indirect comp

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

Recordkeeper by year2
2024Milliman
2023Milliman

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Administrative cost history3
2024$141,350 · 0.17%
2023$126,477 · 0.17%
2022$131,551 · 0.18%
Same employer
Similar plansManufacturing · Texas
Dril-Quip, Inc. TX$95.2M · 0.15%
Riviana Foods Inc. TX$90.0M · 0.19%
Solmax Geosynthetics, LLC. TX$87.9M · 0.07%
Visual Comfort & Co. TX$86.7M · 0.38%
Valid Management LLC TX$85.5M · 0.00%
Ceco Environmental Corp. TX$84.7M · 0.14%

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Source: U.S. Department of Labor, Form 5500 series, EIN 131943844 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.