Plan Ledger DOL Form 5500 · updated monthly

L & S Plumbing Partnership, LTD. dba L & S Mechanical401(k)

L & S PLUMBING PARTNERSHIP, LTD. EMPLOYEES 401(K) PLAN · RICHARDSON, TX · plan year 2024

Reported admin expense ratio · 2024
0.21%

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

L & S Plumbing Partnership, LTD. dba L & S Mechanical reported $33,044 in plan administrative expenses for 2024: 0.21% of average plan assets, below the peer median. Employer contributions averaged $1,524 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 0.10% to 0.21%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other construction employers. By assets it is the 2,284th-largest of 5,688 plans among Texas employers on file, and the 2,304th of 5,337 in construction. In 2024, employees put in $1.22 for every $1.00 the employer contributed; active participation has grown from 428 to 592 since 2022.

Plan summary
Net assets, end of year$16,543,512
Participants with balances631
Active participants592
Employer contributions$902,070
Employee contributions$1,102,647
Employer contribution per active participant$1,524
Average account balance$26,218
Benefits paid to participants$2,128,722
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$16.5M · 631 accts · $902K emplr
2023$14.7M · 674 accts · $320K emplr
2022$13.4M · 489 accts · $401K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$28,539
Investment management$3,155
Total administrative$33,044
The L & S Plumbing Partnership, LTD. dba L & S Mechanical 401(k) match · 2024
Employer contribution per active participant$1,524
Median for plans this size$2,416
2024$1,524 per active participant
2023$683 per active participant
2022$938 per active participant

L & S Plumbing Partnership, LTD. dba L & S Mechanical'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 · 20241
NOVA 401(K) ASSOCIATES · Other servicesindirect comp

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$33,044 · 0.21%
2023$16,471 · 0.12%
2022$14,269 · 0.10%
Same employer
Similar plansConstruction · Texas
Long Lake, LTD. TX$17.0M · 0.33%
Fox Electric I, LTD. TX$16.5M · 0.44%
Firetron, Inc. TX$16.2M · 0.60%
Avadek, Inc. TX$15.9M · 0.47%

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Source: U.S. Department of Labor, Form 5500 series, EIN 752512717 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.