Plan Ledger DOL Form 5500 · updated monthly

Lauren Concrete, Inc.401(k)

CONCRETE AND AGGREGATE EMPLOYEES 401(K) PLAN · ROUND ROCK, TX · plan year 2024

Reported admin expense ratio · 2024
0.52%

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

Lauren Concrete, Inc. reported $76,542 in plan administrative expenses for 2024: 0.52% of average plan assets, higher than ~75% of peers. Employer contributions averaged $633 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 0.65% to 0.52%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 2,368th-largest of 5,688 plans among Texas employers on file, and 6,920th of 13,661 in manufacturing. In 2024, employees put in $3.99 for every $1.00 the employer contributed; active participation has grown from 457 to 552 since 2022.

Plan summary
Net assets, end of year$15,576,444
Participants with balances605
Active participants552
Employer contributions$349,195
Employee contributions$1,392,674
Employer contribution per active participant$633
Average account balance$25,746
Benefits paid to participants$1,729,358
Plan auditUnmodified (clean) audit opinion
AuditorVAN HOUTEN & ASSOCIATES, PC
Plan history3
Yearassets · accounts · employer contribution
2024$15.6M · 605 accts · $349K emplr
2023$13.7M · 459 accts · $347K emplr
2022$11.5M · 388 accts · $358K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$53,343
Investment management$23,199
Total administrative$76,542
The Lauren Concrete, Inc. 401(k) match · 2024
Employer contribution per active participant$633
Median for plans this size$2,416
2024$633 per active participant
2023$782 per active participant
2022$784 per active participant

Lauren Concrete, Inc.'s 2024 employer contribution ran below the $2,416 median for plans its size, in the bottom 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
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$53,343
GALLAGHER FIDUCIARY ADVISORS LLC · Investment advisory (plan)$20,000

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$76,542 · 0.52%
2023$79,428 · 0.63%
2022$79,911 · 0.65%
Same employer
Similar plansManufacturing · Texas
Seatrax, Inc. TX$15.8M · 0.25%
Apollo Endosurgery, Inc. TX$15.8M · 0.42%
Equibrand Corporation TX$15.6M · 0.62%
Lone Star Fasteners, LLC TX$15.5M · 0.60%
Vault Pressure Control, LLC TX$15.5M · 1.04%
Farouk Systems Inc. TX$15.4M · 0.32%

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Source: U.S. Department of Labor, Form 5500 series, EIN 742423211 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.