Plan Ledger DOL Form 5500 · updated monthly

HR & P Solutions, Inc.401(k)

HR & P SOLUTIONS, INC. 401K SALARY REDUCTION PLAN · HOUSTON, TX · plan year 2024

Reported admin expense ratio · 2024
0.75%

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

HR & P Solutions, Inc. reported $567,612 in plan administrative expenses for 2024: 0.75% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,357 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 3 years on file its reported administrative ratio has held roughly steady near 0.75%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other professional & technical services employers. By assets it is the 757th-largest of 5,688 plans among Texas employers on file, and the 1,807th of 11,654 in professional & technical services. In 2024, employees put in $2.49 for every $1.00 the employer contributed; active participation has shrunk from 2,198 to 1,692 since 2022.

Plan summary
Net assets, end of year$80,894,725
Participants with balances1,251
Active participants1,692
Employer contributions$2,295,958
Employee contributions$5,726,117
Employer contribution per active participant$1,357
Average account balance$64,664
Benefits paid to participants$4,656,717
Plan auditUnmodified (clean) audit opinion
AuditorKSDT CPA
Plan history3
Yearassets · accounts · employer contribution
2024$80.9M · 1,251 accts · $2.3M emplr
2023$70.8M · 1,496 accts · $3.2M emplr
2022$65.4M · 1,545 accts · $3.0M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$463,506
Investment management$93,426
Audit (IQPA)$10,680
Total administrative$567,612
The HR & P Solutions, Inc. 401(k) match · 2024
Employer contribution per active participant$1,357
Median for plans this size$3,635
2024$1,357 per active participant
2023$1,824 per active participant
2022$1,379 per active participant

HR & P Solutions, Inc.'s 2024 employer contribution ran below the $3,635 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20244
SLAVIC INTEGRATED ADMINISTRATION · Recordkeeping · Loan processing$364,177
HR & P SOLUTIONS, INC. · Plan administrator$99,329
SLAVIC MUTUAL FUND MANAGEMENT CORP · Investment management$93,426
WEINSTEIN ZUGMAN, LLC · Accounting / audit$10,680

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

Recordkeeper by year2
2024Slavic401k
2023Slavic401k

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

Administrative cost history3
2024$567,612 · 0.75%
2023$511,237 · 0.75%
2022$499,247 · 0.72%
Similar plansProfessional & Technical Services · Texas
QUIDDITY-1, Inc. TX$89.6M · 0.04%
Gearbox Software LLC TX$84.1M · 0.21%
Defi Auto, LLC TX$78.8M · 0.10%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 760652302 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.