Plan Ledger DOL Form 5500 · updated monthly

Housley Communications, Inc.401(k)

HOUSLEY COMMUNICATIONS PROFIT SHARING PLAN AND TRUST · SAN ANGELO, TX · plan year 2024

Reported admin expense ratio · 2024
0.82%

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

Housley Communications, Inc. reported $97,966 in plan administrative expenses for 2024: 0.82% of average plan assets, higher than ~90% of peers. Employer contributions averaged $2,431 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 0.77% to 0.82%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other utilities employers. By assets it is the 2,761st-largest of 5,688 plans among Texas employers on file, and 305th of 412 in utilities. In 2024, employees put in $1.40 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$12,207,788
Participants with balances233
Active participants179
Employer contributions$435,115
Employee contributions$610,439
Employer contribution per active participant$2,431
Average account balance$52,394
Benefits paid to participants$2,381,367
Plan auditDisclaimer of opinion
AuditorARMSTRONG, BACKUS & CO LLP
Plan history3
Yearassets · accounts · employer contribution
2024$12.2M · 233 accts · $435K emplr
2023$11.8M · 210 accts · $433K emplr
2022$11.9M · 216 accts · $375K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$92,782
Investment management$5,184
Total administrative$97,966
The Housley Communications, Inc. 401(k) match · 2024
Employer contribution per active participant$2,431
Median for plans this size$2,416
2024$2,431 per active participant
2023$2,343 per active participant
2022$2,131 per active participant

Housley Communications, Inc.'s 2024 employer contribution ran above the $2,416 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 · 20242
WILSHIRE ASSOCIATES, INC. · Investment advisory (participants)$5,787

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

Recordkeeper by year2
2024John Hancock
2023John Hancock

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

Administrative cost history3
2024$97,966 · 0.82%
2023$94,330 · 0.80%
2022$99,912 · 0.77%
Same employer
Similar plansUtilities · Texas
Axip Services Company, LLC TX$13.3M · 0.25%
Enerfin Resources Company TX$11.9M · 0.52%
Quality Water & Air Inc. TX$10.3M · 0.13%

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Source: U.S. Department of Labor, Form 5500 series, EIN 751899446 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.