Plan Ledger DOL Form 5500 · updated monthly

Hydril USA Distribution LLC401(k)

AKASTOR U. S. COMPANIES 401(K) PLAN · HOUSTON, TX · plan year 2024

Reported admin expense ratio · 2024
0.47%

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

Hydril USA Distribution LLC reported $233,678 in plan administrative expenses for 2024: 0.47% of average plan assets, higher than ~75% of peers. Employer contributions averaged $9,607 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 0.26% to 0.47%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 960th-largest of 5,688 plans among Texas employers on file, and the 2,460th of 11,654 in professional & technical services. In 2024, employees put in $1.17 for every $1.00 the employer contributed; active participation has grown from 505 to 635 since 2022.

Plan summary
Net assets, end of year$57,344,432
Participants with balances693
Active participants635
Employer contributions$6,100,448
Employee contributions$7,128,446
Employer contribution per active participant$9,607
Average account balance$82,748
Benefits paid to participants$4,007,325
Plan auditUnmodified (clean) audit opinion
AuditorWITHUMSMITH BROWN, PC
Plan history3
Yearassets · accounts · employer contribution
2024$57.3M · 693 accts · $6.1M emplr
2023$41.6M · 624 accts · $6.1M emplr
2022$26.7M · 574 accts · $4.3M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$63,132
Audit (IQPA)$46,069
Total administrative$233,678
The Hydril USA Distribution LLC 401(k) match · 2024
Employer contribution per active participant$9,607
Median for plans this size$2,416
2024$9,607 per active participant
2023$10,722 per active participant
2022$8,515 per active participant

Hydril USA Distribution LLC's 2024 employer contribution ran above the $2,416 median for plans its size, placing it in the top 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
MPC CAPITAL ADVISORS LLC$57,987
PANNELL KERR FORSTER OF TEXAS, P.C. · Accounting / audit$46,069
GARY A NAGLER PLLC · Legal$4,635

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$233,678 · 0.47%
2023$107,420 · 0.31%
2022$97,001 · 0.26%
Same employer
Similar plansProfessional & Technical Services · Texas
Idera, Inc. TX$61.7M · 0.19%
Simplifi Holdings, LLC TX$60.2M · 0.06%
Raba Kistner, Inc. TX$57.2M · 0.20%
Atos Syntel Inc. TX$57.1M · 0.20%
Onesubsea LLC TX$57.0M

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Source: U.S. Department of Labor, Form 5500 series, EIN 262066755 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.