Plan Ledger DOL Form 5500 · updated monthly

Houston Chapter Agc/Louisiana Agc401(k)

AGC SOUTHWEST CHAPTERS 401(K) PLAN · HOUSTON, TX · plan year 2023

Reported admin expense ratio · 2023
0.04%

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

Houston Chapter Agc/Louisiana Agc reported $186,457 in plan administrative expenses for 2023: 0.04% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,006 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 0.01% to 0.04%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,601 comparable plans and shown alongside other other services employers. By assets it is the 197th-largest of 5,688 plans among Texas employers on file, and the 26th of 3,341 in other services. In 2023, employees put in $2.64 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$523,720,561
Participants with balances9,068
Active participants14,004
Employer contributions$14,084,221
Employee contributions$37,166,611
Employer contribution per active participant$1,006
Average account balance$57,755
Benefits paid to participants$63,454,751
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2023$523.7M · 9,068 accts · $14.1M emplr
2022$468.9M · 8,726 accts · $13.3M emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$6,600
Audit (IQPA)$83,000
Total administrative$186,457
The Houston Chapter Agc/Louisiana Agc 401(k) match · 2023
Employer contribution per active participant$1,006
Median for plans this size$4,362
2023$1,006 per active participant
2022$977 per active participant

Houston Chapter Agc/Louisiana Agc's 2023 employer contribution ran below the $4,362 median for plans its size, in the bottom 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 · 20237
TRANSAMERICA FINANCIAL LIFE INS CO · Recordkeeping · Loan processing$205,101
PINNACLE FINANCIAL SERVICES, INC. · Recordkeeping · Loan processing$6,600
3(16) FIDUCIARY SERVICES · Plan administrator$93,750
HANNIS T. BOURGEOIS · Accounting / audit$82,500
BOWEN MICLETTE & BRITT INSURANCE AG$40,176
NPPG PLAN PROFESSIONALS LLC · Investment advisory (plan)$34,748
NPPG · Plan administrator$30,116

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$186,457 · 0.04%
2022$38,764 · 0.01%
Similar plansOther Services · Texas
Service Corporation Intl TX$1.8B · 0.08%
Vizient, Inc. TX$1.1B · 0.07%
Wand Newco 3, Inc. TX$862.3M · 0.17%
Freeman Decorating Co. TX$686.4M · 0.10%
Boy Scouts of America TX$292.2M · 0.19%
Driscoll Children's Health TX$266.9M · 0.00%

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Source: U.S. Department of Labor, Form 5500 series, EIN 740490820 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.