Plan Ledger DOL Form 5500 · updated monthly

Industrial Service Solutions401(k)

INDUSTRIAL SERVICE SOLUTIONS 401(K) PLAN · HOUSTON, TX · plan year 2024

Reported admin expense ratio · 2024
0.26%

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

Industrial Service Solutions reported $156,327 in plan administrative expenses for 2024: 0.26% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,081 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 0.20% to 0.26%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other other services employers. By assets it is the 878th-largest of 5,688 plans among Texas employers on file, and the 322nd of 3,341 in other services. In 2024, employees put in $3.66 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$65,971,974
Participants with balances2,667
Active participants1,787
Employer contributions$1,931,936
Employee contributions$7,073,612
Employer contribution per active participant$1,081
Average account balance$24,736
Benefits paid to participants$6,205,072
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$66.0M · 2,667 accts · $1.9M emplr
2023$55.9M · 2,330 accts · $1.9M emplr
2022$44.2M · 1,857 accts · $1.7M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$120,932
Investment management$35,395
Total administrative$156,327
The Industrial Service Solutions 401(k) match · 2024
Employer contribution per active participant$1,081
Median for plans this size$3,635
2024$1,081 per active participant
2023$966 per active participant
2022$881 per active participant

Industrial Service Solutions'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 · 20243
ADP, INC. · Loan processing · Recordkeeping$120,932
MONETA GROUP LLC · Recordkeeping · Trustee$35,394
ADP BROKER-DEALERindirect comp

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

Recordkeeper by year2
2024ADP, MONETA GROUP LLC
2023ADP, ARMANINO LLP, MONETA GROUP LLC

This plan has changed recordkeepers within these filings. If you left Industrial Service Solutions before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$156,327 · 0.26%
2023$135,224 · 0.27%
2022$92,223 · 0.20%
Same employer
Similar plansOther Services · Texas
Nsmg Shared Services, LLC TX$80.5M · 0.29%
Shermco Industries, Inc. TX$77.2M · 0.27%
Visible Changes, Inc. TX$76.5M · 0.03%
Texas Medical Association TX$62.4M · 0.03%
Buckner International TX$60.8M · 0.15%
Saber Power Services, LLC TX$49.6M · 0.47%

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Source: U.S. Department of Labor, Form 5500 series, EIN 454610801 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.