Plan Ledger DOL Form 5500 · updated monthly

Houston Food Bank401(k)

EMPLOYEE BENEFIT PLAN OF HOUSTON FOOD BANK · HOUSTON, TX · plan year 2024

Reported admin expense ratio · 2024
0.38%

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

Houston Food Bank reported $39,390 in plan administrative expenses for 2024: 0.38% of average plan assets, above the peer median. Employer contributions averaged $2,824 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 0.21% to 0.38%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other transportation & warehousing employers. By assets it is among the smaller plans on file in Texas (2,883rd of 5,688), and the 1,076th of 2,677 in transportation & warehousing. In 2024, the employer put in $1.10 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$11,364,014
Participants with balances401
Active participants404
Employer contributions$1,140,702
Employee contributions$1,033,701
Employer contribution per active participant$2,824
Average account balance$28,339
Benefits paid to participants$1,502,819
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$11.4M · 401 accts · $1.1M emplr
2023$9.5M · 429 accts · $688K emplr
2022$7.9M · 356 accts · $374K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$38,314
Investment management$1,076
Total administrative$39,390
The Houston Food Bank 401(k) match · 2024
Employer contribution per active participant$2,824
Median for plans this size$2,416
2024$2,824 per active participant
2023$1,719 per active participant
2022$943 per active participant

Houston Food Bank'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 · 20241
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$38,314

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$39,390 · 0.38%
2023$18,693 · 0.22%
2022$17,074 · 0.21%
Same employer
Similar plansTransportation & Warehousing · Texas
Iss-Marine Services, Inc. TX$12.7M · 0.33%
Lucid Energy Group 11 LLC TX$12.6M · 0.09%
Heli-One (U.S.) Inc. TX$11.4M · 0.11%
Southern Mail Service, Inc. TX$11.3M · 2.39%
Berry Aviation, Inc. TX$11.1M · 0.32%

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Source: U.S. Department of Labor, Form 5500 series, EIN 742181456 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.