Plan Ledger DOL Form 5500 · updated monthly

Itafos Services LLC401(k)

ITAFOS RETIREMENT PLAN · HOUSTON, TX · plan year 2024

Reported admin expense ratio · 2024
0.39%

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

Itafos Services LLC reported $146,105 in plan administrative expenses for 2024: 0.39% of average plan assets, above the peer median. Employer contributions averaged $9,009 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 fell from 0.42% to 0.39%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other management of companies employers. By assets it is the 1,223rd-largest of 5,688 plans among Texas employers on file, and the 314th of 786 in management of companies. In 2024, employees put in $1.10 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$40,751,664
Participants with balances361
Active participants295
Employer contributions$2,657,536
Employee contributions$2,915,296
Employer contribution per active participant$9,009
Average account balance$112,885
Benefits paid to participants$4,129,575
Plan auditUnmodified (clean) audit opinion
AuditorSEAY & WEISSINGER, LLC
Plan history3
Yearassets · accounts · employer contribution
2024$40.8M · 361 accts · $2.7M emplr
2023$34.5M · 353 accts · $2.6M emplr
2022$26.2M · 353 accts · $2.4M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$49,138
Investment management$96,967
Total administrative$146,105
The Itafos Services LLC 401(k) match · 2024
Employer contribution per active participant$9,009
Median for plans this size$2,416
2024$9,009 per active participant
2023$8,531 per active participant
2022$7,997 per active participant

Itafos Services 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 · 20242
NORTHWESTERN MUTUAL WEALTH MGMT CO · Investment advisory (plan)$95,199
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$50,919

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$146,105 · 0.39%
2023$129,474 · 0.43%
2022$117,117 · 0.42%
Similar plansManagement of Companies · Texas
Ecom Atlantic, Inc. TX$48.2M · 0.04%
Aethon Energy Operating LLC TX$46.8M · 0.01%
Blue Danube Incorporated TX$41.0M · 0.32%
U.S. Occmed Holdings, LLC TX$37.2M · 0.04%
Westex Bancorp, Inc. TX$31.0M · 0.04%

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Source: U.S. Department of Labor, Form 5500 series, EIN 814442118 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.