Plan Ledger DOL Form 5500 · updated monthly

Iss-Marine Services, Inc.401(k)

ISS-MARINE SERVICES, INC. RETIREMENT SAVINGS PLAN · HOUSTON, TX · plan year 2024

Reported admin expense ratio · 2024
0.33%

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

Iss-Marine Services, Inc. reported $41,691 in plan administrative expenses for 2024: 0.33% of average plan assets, above the peer median. Employer contributions averaged $1,950 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 0.31% to 0.33%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other transportation & warehousing employers. By assets it is the 2,701st-largest of 5,688 plans among Texas employers on file, and the 997th of 2,677 in transportation & warehousing. In 2024, employees put in $1.85 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$12,692,445
Participants with balances241
Active participants170
Employer contributions$331,559
Employee contributions$614,052
Employer contribution per active participant$1,950
Average account balance$52,666
Benefits paid to participants$2,272,876
Plan auditUnmodified (clean) audit opinion
AuditorWILKINS MILLER, LLC
Plan history3
Yearassets · accounts · employer contribution
2024$12.7M · 241 accts · $332K emplr
2023$12.4M · 264 accts · $327K emplr
2022$11.1M · 268 accts · $324K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$17,252
Investment management$24,273
Audit (IQPA)$166
Total administrative$41,691
The Iss-Marine Services, Inc. 401(k) match · 2024
Employer contribution per active participant$1,950
Median for plans this size$2,416
2024$1,950 per active participant
2023$1,826 per active participant
2022$1,724 per active participant

Iss-Marine Services, 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 · 20242
TRANSAMERICA RETIREMENT SOLUTIONS · Recordkeeping · Loan processing$17,252
ROBERT W BAIRD & CO INC · Investment advisory (plan)$24,273

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

Recordkeeper by year2
2024Transamerica
2023Transamerica

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$41,691 · 0.33%
2023$38,777 · 0.33%
2022$42,069 · 0.31%
Same employer
Similar plansTransportation & Warehousing · Texas
Perimeter International TX$13.3M · 0.04%
Lucid Energy Group 11 LLC TX$12.6M · 0.09%
Heli-One (U.S.) Inc. TX$11.4M · 0.11%
Houston Food Bank TX$11.4M · 0.38%

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Source: U.S. Department of Labor, Form 5500 series, EIN 951783520 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.