Plan Ledger DOL Form 5500 · updated monthly

Hill Country Transit District401(k)

HILL COUNTRY TRANSIT DISTRICT 401(K) PLAN · SAN SABA, TX · plan year 2024

Reported admin expense ratio · 2024
0.20%

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

Hill Country Transit District reported $4,406 in plan administrative expenses for 2024: 0.20% of average plan assets, lower than ~75% of peers. Employer contributions averaged $850 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 0.32% to 0.20%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other transportation & warehousing employers. By assets it is among the smaller plans on file in Texas (4,795th of 5,688), and 2,053rd of 2,677 in transportation & warehousing. In 2024, employees put in $1.60 for every $1.00 the employer contributed; active participation has grown from 103 to 131 since 2022.

Plan summary
Net assets, end of year$2,328,228
Participants with balances149
Active participants131
Employer contributions$111,379
Employee contributions$178,508
Employer contribution per active participant$850
Average account balance$15,626
Benefits paid to participants$204,475
Plan auditUnmodified (clean) audit opinion
AuditorNOREN, NORDLING,AND ASSOCIATES PLLC
Plan history3
Yearassets · accounts · employer contribution
2024$2.3M · 149 accts · $111K emplr
2023$2.0M · 145 accts · $92K emplr
2022$1.7M · 126 accts · $46K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$4,406
Total administrative$4,406
The Hill Country Transit District 401(k) match · 2024
Employer contribution per active participant$850
Median for plans this size$1,313
2024$850 per active participant
2023$808 per active participant
2022$450 per active participant

Hill Country Transit District'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.

Service providers · 20241
ASCENSUS LLC · Loan processing · Recordkeeping$5,805

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

Recordkeeper by year2
2024Ascensus
2023Ascensus

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

Administrative cost history3
2024$4,406 · 0.20%
2023$6,150 · 0.33%
2022$6,345 · 0.32%
Similar plansTransportation & Warehousing · Texas
Interconnect Wiring, LLP TX$2.8M · 1.56%
White Line Systems, LLC TX$2.7M · 1.76%
Packwell, Inc. TX$2.3M · 0.61%
J.W. Logistics, LLC TX$2.3M · 0.14%

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Source: U.S. Department of Labor, Form 5500 series, EIN 752764631 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.