Plan Ledger DOL Form 5500 · updated monthly

King George, LLC401(k)

KING GEORGE 401(K) PLAN · FORT WORTH, TX · plan year 2024

Reported admin expense ratio · 2024
0.47%

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

King George, LLC reported $59,995 in plan administrative expenses for 2024: 0.47% of average plan assets, higher than ~75% of peers. Employer contributions averaged $3,003 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 5 years on file its reported administrative ratio fell from 0.61% to 0.47%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other administrative & support services employers. By assets it is the 2,510th-largest of 5,688 plans among Texas employers on file, and the 796th of 2,534 in administrative & support services. In 2024, the employer put in $2.42 for every $1.00 employees contributed themselves; active participation has grown from 219 to 935 since 2019.

Plan summary
Net assets, end of year$14,275,093
Participants with balances929
Active participants935
Employer contributions$2,807,834
Employee contributions$1,160,662
Employer contribution per active participant$3,003
Average account balance$15,366
Benefits paid to participants$2,819,724
Plan auditUnmodified (clean) audit opinion
AuditorRUSSON + JONSTON LLP
Plan history4
Yearassets · accounts · employer contribution
2024$14.3M · 929 accts · $2.8M emplr
2023$11.1M · 784 accts · $2.7M emplr
2022$6.8M · 556 accts · $1.9M emplr
2019$2.3M · 191 accts · $310K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$26,386
Investment management$33,609
Total administrative$59,995
The King George, LLC 401(k) match · 2024
Employer contribution per active participant$3,003
Median for plans this size$2,416
2024$3,003 per active participant
2023$2,588 per active participant
2022$1,940 per active participant
2019$1,414 per active participant

King George, LLC's 2024 employer contribution ran above 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.

Administrative cost history4
2024$59,995 · 0.47%
2023$12,871 · 0.14%
2022$26,126 · 0.42%
2019$9,940 · 0.61%
Same employer
Similar plansAdministrative & Support Services · Texas
Essential HR, Inc. TX$16.5M · 0.76%
The Trade Group, Inc. TX$16.3M · 0.29%
Mondee, Inc. TX$13.9M · 0.29%
Pds Tech, Inc. TX$13.2M · 0.06%
Careerstaff Unlimited, LLC TX$13.1M · 0.42%
Jes Tech TX$12.6M · 0.55%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 452208512 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.