Plan Ledger DOL Form 5500 · updated monthly

Intex Electrical Contractors, Inc.401(k)

INTEX ELECTRICAL CONTRACTORS, INC. 401(K) PROFIT SHARING PLAN · FORNEY, TX · plan year 2022

Reported admin expense ratio · 2022
0.52%

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

Intex Electrical Contractors, Inc. reported $38,987 in plan administrative expenses for 2022: 0.52% of average plan assets, above the peer median. Employer contributions averaged $1,038 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in Texas (3,593rd of 5,688), and 3,578th of 5,337 in construction. In 2022, employees put in $1.83 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$7,082,895
Participants with balances66
Active participants217
Employer contributions$225,210
Employee contributions$412,143
Employer contribution per active participant$1,038
Average account balance$107,317
Benefits paid to participants$22,750
Plan auditUnmodified (clean) audit opinion
AuditorWEAVER AND TIDWELL
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$10,789
Investment management$28,198
Total administrative$38,987
The Intex Electrical Contractors, Inc. 401(k) match · 2022
Employer contribution per active participant$1,038
Median for plans this size$1,114

Intex Electrical Contractors, Inc.'s 2022 employer contribution ran below the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$38,987 · 0.52%
Same employer
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Source: U.S. Department of Labor, Form 5500 series, EIN 751915360 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.