Plan Ledger DOL Form 5500 · updated monthly

Houk Air Conditioning, Inc.401(k)

HOUK AIR CONDITIONING, INC. 401(K) PLAN · ARLINGTON, TX · plan year 2024

Reported admin expense ratio · 2024
0.70%

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

Houk Air Conditioning, Inc. reported $48,414 in plan administrative expenses for 2024: 0.70% of average plan assets, above the peer median. Employer contributions averaged $1,522 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 rose from 0.63% to 0.70%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in Texas (3,520th of 5,688), and 3,500th of 5,337 in construction. In 2024, employees put in $1.35 for every $1.00 the employer contributed; active participation has grown from 232 to 272 since 2022.

Plan summary
Net assets, end of year$7,400,478
Participants with balances266
Active participants272
Employer contributions$413,878
Employee contributions$560,703
Employer contribution per active participant$1,522
Average account balance$27,821
Benefits paid to participants$886,867
Plan auditUnmodified (clean) audit opinion
AuditorJRBT, PC
Plan history3
Yearassets · accounts · employer contribution
2024$7.4M · 266 accts · $414K emplr
2023$6.4M · 221 accts · $295K emplr
2022$4.9M · 152 accts · $218K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$20,666
Investment management$27,748
Total administrative$48,414
The Houk Air Conditioning, Inc. 401(k) match · 2024
Employer contribution per active participant$1,522
Median for plans this size$1,313
2024$1,522 per active participant
2023$1,194 per active participant
2022$941 per active participant

Houk Air Conditioning, Inc.'s 2024 employer contribution ran above 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 · 20243
CETERA INVESTMENT ADVISERS LLC · Investment advisory (plan)$24,298
EMPOWER ADVISORY GROUP, LLC · Investment management$3,450

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

Administrative cost history3
2024$48,414 · 0.70%
2023$37,053 · 0.65%
2022$35,407 · 0.63%
Same employer
Similar plansConstruction · Texas
Hollman, Inc. TX$7.4M · 0.04%
Lutech Resources, Inc. TX$7.4M · 0.27%
Onx, Inc. TX$7.4M · 1.06%
Supreme Roofing, LP TX$7.3M · 0.11%
Tri-State Electric, LTD TX$7.3M · 0.60%

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Source: U.S. Department of Labor, Form 5500 series, EIN 751231584 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.