Plan Ledger DOL Form 5500 · updated monthly

Lewis Food Town, Inc.401(k)

LEWIS FOOD TOWN, INC. 401(K) PLAN · HOUSTON, TX · plan year 2024

Reported admin expense ratio · 2024
0.58%

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

Lewis Food Town, Inc. reported $91,271 in plan administrative expenses for 2024: 0.58% of average plan assets, higher than ~75% of peers. Employer contributions averaged $100 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 0.52% to 0.58%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other retail trade employers. By assets it is the 2,294th-largest of 5,688 plans among Texas employers on file, and the 1,762nd of 5,215 in retail trade. In 2024, employees put in $5.43 for every $1.00 the employer contributed; active participation has shrunk from 1,530 to 1,324 since 2022.

Plan summary
Net assets, end of year$16,441,924
Participants with balances353
Active participants1,324
Employer contributions$131,799
Employee contributions$715,569
Employer contribution per active participant$100
Average account balance$46,578
Benefits paid to participants$1,349,461
Plan auditUnmodified (clean) audit opinion
AuditorHAM LANGSTON & BREZINA LLP
Plan history3
Yearassets · accounts · employer contribution
2024$16.4M · 353 accts · $132K emplr
2023$15.2M · 342 accts · $127K emplr
2022$14.4M · 361 accts · $127K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$46,325
Investment management$36,746
Trustee / custodial$8,200
Total administrative$91,271
The Lewis Food Town, Inc. 401(k) match · 2024
Employer contribution per active participant$100
Median for plans this size$2,416
2024$100 per active participant
2023$77 per active participant
2022$83 per active participant

Lewis Food Town, 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 · 20243
AMERITAS LIFE INSURANCE CORP · Claims processing · Contract administrator$44,611
FONDREN OAKS CAPITAL MANAGEMENT · Investment advisory (participants) · Investment advisory (plan)$39,548
CHARLES SCHWAB BANK · Custodial (securities) · Trustee (directed)$6,776

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

Recordkeeper by year2
2024Ameritas
2023Ameritas

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Administrative cost history3
2024$91,271 · 0.58%
2023$96,468 · 0.65%
2022$83,398 · 0.52%
Same employer
Similar plansRetail Trade · Texas
Star Furniture Company TX$17.0M · 0.47%
Lux Enterprises, Inc. TX$16.9M · 0.40%
Jerry's Gm, LLC TX$16.9M · 0.05%
Ccj & Associates, LLC TX$15.9M · 0.09%
Tarrytown Expocare LLC TX$15.0M · 0.71%
Nations Best Holdings, LLC TX$15.0M · 0.24%

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Source: U.S. Department of Labor, Form 5500 series, EIN 760432940 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.