Plan Ledger DOL Form 5500 · updated monthly

Lighthouse for the Blind of Houston, Inc401(k)

403(B) THRIFT PLAN FOR EMPLOYEES OF LIGHTHOUSE FOR THE BLIND OF HOUSTON · HOUSTON, TX · plan year 2023

Reported admin expense ratio · 2023
0.01%

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

Lighthouse for the Blind of Houston, Inc reported $650 in plan administrative expenses for 2023: 0.01% of average plan assets, lower than ~75% of peers. Employer contributions averaged $580 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 0.00% to 0.02%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Texas (3,739th of 5,688), and 7,172nd of 11,911 in health care & social assistance. In 2023, employees put in $2.32 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$6,363,831
Participants with balances105
Active participants94
Employer contributions$54,553
Employee contributions$126,345
Employer contribution per active participant$580
Average account balance$60,608
Benefits paid to participants$564,958
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$6.3M · 99 accts · $31K emplr
2023$6.4M · 105 accts · $55K emplr
2022$6.0M · 120 accts · $53K emplr
The Lighthouse for the Blind of Houston, Inc 401(k) match · 2023
Employer contribution per active participant$580
Median for plans this size$1,308
2024$291 per active participant
2023$580 per active participant
2022$615 per active participant

Lighthouse for the Blind of Houston, Inc's 2023 employer contribution ran below the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20231
MUTUAL OF AMERICA INVESTMENT CORP · Claims processing · Recordkeeping$650

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

Recordkeeper by year2
2024Mutual of America
2023Mutual of America

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

Administrative cost history3
2024$1,281 · 0.02%
2023$650 · 0.01%
2022$2 · 0.00%
Similar plansHealth Care & Social Assistance · Texas
Carrus Healthcare TX$6.4M · 1.65%
Timely Telehealth LLC TX$6.4M · 1.10%

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Source: U.S. Department of Labor, Form 5500 series, EIN 741146781 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.