Plan Ledger DOL Form 5500 · updated monthly

Hugh M. Cunningham, Inc.401(k)

HUGH M. CUNNINGHAM, INC. EMPLOYEES 401(K) PLAN · CARROLLTON, TX · plan year 2024

Reported admin expense ratio · 2024
0.30%

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

Hugh M. Cunningham, Inc. reported $44,087 in plan administrative expenses for 2024: 0.30% of average plan assets, above the peer median. Employer contributions averaged $2,048 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 fell from 0.32% to 0.30%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other wholesale trade employers. By assets it is the 2,375th-largest of 5,688 plans among Texas employers on file, and 2,316th of 4,246 in wholesale trade. In 2024, employees put in $2.30 for every $1.00 the employer contributed; active participation has grown from 122 to 174 since 2022.

Plan summary
Net assets, end of year$15,520,433
Participants with balances205
Active participants174
Employer contributions$356,366
Employee contributions$821,010
Employer contribution per active participant$2,048
Average account balance$75,709
Benefits paid to participants$1,643,543
Plan auditUnmodified (clean) audit opinion
AuditorKHA ACCOUNTS, PLLC.
Plan history3
Yearassets · accounts · employer contribution
2024$15.5M · 205 accts · $356K emplr
2023$13.6M · 181 accts · $460K emplr
2022$11.1M · 165 accts · $453K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$18,534
Investment management$10,553
Total administrative$44,087
The Hugh M. Cunningham, Inc. 401(k) match · 2024
Employer contribution per active participant$2,048
Median for plans this size$2,416
2024$2,048 per active participant
2023$3,084 per active participant
2022$3,713 per active participant

Hugh M. Cunningham, Inc.'s 2024 employer contribution ran below 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 · 20243
KHA ACCOUNTANTS PLLC$15,000
EMPOWER ADVISORY GROUP, LLC · Investment management$10,553

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$44,087 · 0.30%
2023$40,123 · 0.33%
2022$38,100 · 0.32%
Similar plansWholesale Trade · Texas
Aviva Metals, Inc. TX$15.6M · 0.07%
Wrist North America Inc. TX$15.1M · 0.40%

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Source: U.S. Department of Labor, Form 5500 series, EIN 751677069 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.