Plan Ledger DOL Form 5500 · updated monthly

Harper Systems, Inc.401(k)

HARPER SYSTEMS, INC. 401(K) PLAN · PARIS, TX · plan year 2023

Reported admin expense ratio · 2023
0.46%

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

Harper Systems, Inc. reported $43,406 in plan administrative expenses for 2023: 0.46% of average plan assets, below the peer median. Employer contributions averaged $657 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 1 year on file its reported administrative ratio rose from 0.38% to 0.46%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in Texas (3,019th of 5,688), and 3,059th of 5,337 in construction. In 2023, employees put in $3.87 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$10,274,247
Participants with balances394
Active participants339
Employer contributions$222,718
Employee contributions$861,291
Employer contribution per active participant$657
Average account balance$26,077
Benefits paid to participants$1,016,179
Plan auditUnmodified (clean) audit opinion
AuditorPATILLO, BROWN AND HILL, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$0 · $181K emplr
2023$10.3M · 394 accts · $223K emplr
2022$8.7M · 408 accts · $186K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$10,179
Investment management$26,477
Audit (IQPA)$6,750
Total administrative$43,406
The Harper Systems, Inc. 401(k) match · 2023
Employer contribution per active participant$657
Median for plans this size$1,308
2023$657 per active participant
2022$501 per active participant

Harper Systems, Inc.'s 2023 employer contribution ran below the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20233
EDWARD JONES · Investment advisory (plan)$26,477
CAPITAL GROUP RETIREMENT PLAN SVCS. · Trustee (directed) · Other services$10,179
NA NA · Accounting / audit$6,750

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

Administrative cost history3
2024Not separately reported
2023$43,406 · 0.46%
2022$35,685 · 0.38%
Same employer
Similar plansConstruction · Texas
Gulfspan Industrial, LLC TX$10.7M · 0.27%
MC2 Civil, LLC TX$10.5M · 0.94%
Stylecraft Builders, Inc. TX$10.2M · 0.83%

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Source: U.S. Department of Labor, Form 5500 series, EIN 202066201 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.