Plan Ledger DOL Form 5500 · updated monthly

Hydromax USA, L.L.C.401(k)

HYDROMAX USA, L.L.C. 401(K) PROFIT SHARING PLAN · FLOWER MOUND, TX · plan year 2024

Reported admin expense ratio · 2024
0.92%

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

Hydromax USA, L.L.C. reported $67,761 in plan administrative expenses for 2024: 0.92% of average plan assets, higher than ~75% of peers. Employer contributions averaged $971 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 0.08% to 0.92%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other administrative & support services employers. By assets it is among the smaller plans on file in Texas (3,298th of 5,688), and the 1,101st of 2,534 in administrative & support services. In 2024, employees put in $1.92 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$8,558,698
Participants with balances263
Active participants448
Employer contributions$435,055
Employee contributions$835,196
Employer contribution per active participant$971
Average account balance$32,543
Benefits paid to participants$488,663
Plan auditUnmodified (clean) audit opinion
AuditorOLSEN THIELEN & CO LTD
Plan history3
Yearassets · accounts · employer contribution
2024$8.6M · 263 accts · $435K emplr
2023$6.2M · 337 accts · $387K emplr
2022$6.0M · 313 accts · $417K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$67,761
Total administrative$67,761
The Hydromax USA, L.L.C. 401(k) match · 2024
Employer contribution per active participant$971
Median for plans this size$1,313
2024$971 per active participant
2023$848 per active participant
2022$898 per active participant

Hydromax USA, L.L.C.'s 2024 employer contribution ran below the $1,313 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
AVANTAX PLANNING PARTNERS · Claims processing · Contract administrator$67,761

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$67,761 · 0.92%
2023$3,340 · 0.06%
2022$5,165 · 0.08%
Same employer
Similar plansAdministrative & Support Services · Texas
Stealth Monitoring Inc. TX$9.0M · 0.10%
Fidelitas, LLC TX$8.6M · 0.30%
Operation Homefront, Inc. TX$8.4M · 0.08%
Wrm Holdings, LLC. TX$8.3M · 0.16%

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Source: U.S. Department of Labor, Form 5500 series, EIN 200602448 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.