Plan Ledger DOL Form 5500 · updated monthly

His Highness Prince Aga Khan Shi401(k)

COUNCIL FOR USA 401(K) PLAN · SUGAR LAND, TX · plan year 2023

Reported admin expense ratio · 2023
0.41%

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

His Highness Prince Aga Khan Shi reported $28,543 in plan administrative expenses for 2023: 0.41% of average plan assets, below the peer median. Employer contributions averaged $2,508 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 0.02% to 0.41%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other other services employers. By assets it is among the smaller plans on file in Texas (3,471st of 5,688), and 1,930th of 3,341 in other services. In 2023, employees put in $2.42 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$7,588,462
Participants with balances95
Active participants89
Employer contributions$223,235
Employee contributions$540,253
Employer contribution per active participant$2,508
Average account balance$79,879
Benefits paid to participants$802,417
Plan auditUnmodified (clean) audit opinion
AuditorANDERS MINKLER HUBER & HELM
Plan history2
Yearassets · accounts · employer contribution
2023$7.6M · 95 accts · $223K emplr
2022$6.5M · 103 accts · $212K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$4,242
Investment management$13,401
Total administrative$28,543
The His Highness Prince Aga Khan Shi 401(k) match · 2023
Employer contribution per active participant$2,508
Median for plans this size$1,308
2023$2,508 per active participant
2022$2,305 per active participant

His Highness Prince Aga Khan Shi's 2023 employer contribution ran above the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20233
CETERA INVESTMENT ADVISERS LLC · Recordkeeping · Pension consulting$13,401
ADP, INC. · Loan processing · Recordkeeping$10,942
ANDERS MINKLER HUBER & HELM LLP · Recordkeeping · Pension consulting$10,900

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

Administrative cost history2
2023$28,543 · 0.41%
2022$1,363 · 0.02%
Similar plansOther Services · Texas
United Fp Management, LLC TX$8.3M · 1.03%
Hope Media Group TX$7.7M · 1.06%
The Intellekt Group TX$7.4M · 0.66%
Arms of Hope TX$7.1M · 0.02%
Contract Datascan LP TX$7.1M · 0.68%

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Source: U.S. Department of Labor, Form 5500 series, EIN 061204397 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.