Plan Ledger DOL Form 5500 · updated monthly

Houston Foam Plastics, Inc.401(k)

HFP RETIREMENT PLAN · HOUSTON, TX · plan year 2022

Reported admin expense ratio · 2022
1.18%

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

Houston Foam Plastics, Inc. reported $2,901 in plan administrative expenses for 2022: 1.18% of average plan assets, above the peer median. Employer contributions averaged $4 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.

The plan sits in the under $1M size bracket, benchmarked here against 4,041 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Texas (5,576th of 5,688), and 13,564th of 13,661 in manufacturing. In 2022, employees put in $299.02 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$245,751
Participants with balances75
Active participants211
Employer contributions$767
Employee contributions$229,345
Employer contribution per active participant$4
Average account balance$3,277
Benefits paid to participants$697
Plan auditUnmodified (clean) audit opinion
AuditorPRICEKUBECKA
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$2,120
Investment management$781
Total administrative$2,901
The Houston Foam Plastics, Inc. 401(k) match · 2022
Employer contribution per active participant$4
Median for plans this size$331

Houston Foam Plastics, Inc.'s 2022 employer contribution ran below the $331 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$2,901 · 1.18%
Same employer
Similar plansManufacturing · Texas
Roicom USA, LLC TX$333K · 1.74%
Campus Box Media LLC TX$321K · 1.10%
Pipeline Plastics LLC TX$215K · 1.39%
Afc Steel, LLC TX$175K · 0.77%

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Source: U.S. Department of Labor, Form 5500 series, EIN 741675004 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.