Plan Ledger DOL Form 5500 · updated monthly

Highground Restoration Group, Inc.401(k)

HIGHGROUND RESTORATION GROUP 401(K) AND RETIREMENT PLAN · IRVING, TX · plan year 2024

Reported admin expense ratio · 2024
1.67%

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

Highground Restoration Group, Inc. reported $85,439 in plan administrative expenses for 2024: 1.67% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,301 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 0.40% to 1.67%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other administrative & support services employers. By assets it is among the smaller plans on file in Texas (3,616th of 5,688), and the 1,229th of 2,534 in administrative & support services. In 2024, employees put in $1.65 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$6,981,107
Participants with balances316
Active participants597
Employer contributions$776,407
Employee contributions$1,281,838
Employer contribution per active participant$1,301
Average account balance$22,092
Benefits paid to participants$838,012
Plan history2
Yearassets · accounts · employer contribution
2024$7.0M · 316 accts · $776K emplr
2023$3.2M · 188 accts · $469K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$85,439
Total administrative$85,439
The Highground Restoration Group, Inc. 401(k) match · 2024
Employer contribution per active participant$1,301
Median for plans this size$1,313
2024$1,301 per active participant
2023$980 per active participant

Highground Restoration Group, Inc.'s 2024 employer contribution ran below 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.

Administrative cost history2
2024$85,439 · 1.67%
2023$12,880 · 0.40%
Same employer
Similar plansAdministrative & Support Services · Texas
G & G Organization LTD. TX$7.2M · 0.14%
Frontier Employeeco, LLC TX$7.1M · 1.19%
American Allwaste LLC TX$6.7M · 0.68%
Elevationhr, LLC TX$6.7M · 0.66%

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Source: U.S. Department of Labor, Form 5500 series, EIN 844626914 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.