Plan Ledger DOL Form 5500 · updated monthly

Lewis-Watkins-Farmer Agency, Inc.401(k)

LEWIS-WATKINS-FARMER AGENCY, INC. 401(K) PLAN · AUSTIN, TX · plan year 2024

Reported admin expense ratio · 2024
0.32%

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

Lewis-Watkins-Farmer Agency, Inc. reported $42,955 in plan administrative expenses for 2024: 0.32% of average plan assets, above the peer median. Employer contributions averaged $3,079 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 0.40% to 0.32%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other finance & insurance employers. By assets it is the 2,466th-largest of 5,688 plans among Texas employers on file, and 3,526th of 4,798 in finance & insurance. In 2024, employees put in $2.39 for every $1.00 the employer contributed; active participation has grown from 131 to 158 since 2022.

Plan summary
Net assets, end of year$14,687,420
Participants with balances173
Active participants158
Employer contributions$486,405
Employee contributions$1,161,140
Employer contribution per active participant$3,079
Average account balance$84,898
Benefits paid to participants$1,530,535
Plan auditUnmodified (clean) audit opinion
AuditorMAXWELL LOCKE & RITTER LLP
Plan history3
Yearassets · accounts · employer contribution
2024$14.7M · 173 accts · $486K emplr
2023$12.3M · 160 accts · $319K emplr
2022$9.3M · 146 accts · $287K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$21,155
Investment management$21,800
Total administrative$42,955
The Lewis-Watkins-Farmer Agency, Inc. 401(k) match · 2024
Employer contribution per active participant$3,079
Median for plans this size$2,416
2024$3,079 per active participant
2023$2,156 per active participant
2022$2,191 per active participant

Lewis-Watkins-Farmer Agency, Inc.'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.

Service providers · 20243
EPIC RETIREMENT PLAN SERVICES · Recordkeeping · Participant communication$21,829
RICHARD P. SLAUGHTER ASSOCIATES INC · Investment advisory (participants) · Investment advisory (plan)$21,800

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

Recordkeeper by year2
2024EPIC RPS
2023EPIC RPS

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$42,955 · 0.32%
2023$41,163 · 0.38%
2022$39,157 · 0.40%
Same employer
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Intouch Credit Union TX$14.7M · 0.43%
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First Community Bank TX$14.6M · 0.01%
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Source: U.S. Department of Labor, Form 5500 series, EIN 742320159 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.