Plan Ledger DOL Form 5500 · updated monthly

Liquid Environmental Solutions Corporation401(k)

LIQUID ENVIRONMENTAL SOLUTIONS & AFFILIATES 401(K) PROFIT SHARING PLAN · IRVING, TX · plan year 2024

Reported admin expense ratio · 2024
0.86%

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

Liquid Environmental Solutions Corporation reported $151,254 in plan administrative expenses for 2024: 0.86% of average plan assets, higher than ~90% of peers. Employer contributions averaged $412 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 3 years on file its reported administrative ratio has held roughly steady near 0.863%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 2,085th-largest of 5,688 plans among Texas employers on file, and the 5,705th of 11,654 in professional & technical services. In 2024, employees put in $7.74 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$19,208,358
Participants with balances1,170
Active participants912
Employer contributions$376,090
Employee contributions$2,912,442
Employer contribution per active participant$412
Average account balance$16,417
Benefits paid to participants$2,318,463
Plan auditUnmodified (clean) audit opinion
AuditorKB FALK, PLLC
Plan history3
Yearassets · accounts · employer contribution
2024$19.2M · 1,170 accts · $376K emplr
2023$15.8M · 1,045 accts · $277K emplr
2022$13.9M · 918 accts · $189K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$129,366
Total administrative$151,254
The Liquid Environmental Solutions Corporation 401(k) match · 2024
Employer contribution per active participant$412
Median for plans this size$2,416
2024$412 per active participant
2023$300 per active participant
2022$217 per active participant

Liquid Environmental Solutions Corporation'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 · 20241
JOHN HANCOCK USA · Recordkeeping · Investment management$17,470

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

Recordkeeper by year2
2024John Hancock
2023John Hancock

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

Administrative cost history3
2024$151,254 · 0.86%
2023$121,998 · 0.82%
2022$125,935 · 0.86%
Similar plansProfessional & Technical Services · Texas
Bell & McCoy TX$19.5M · 0.11%
Mayer, LLP TX$19.4M · 0.81%
Fee, Smith & Sharp, LLP TX$19.1M · 0.62%
Sheri Tate TX$19.1M · 0.28%
Kraken Operating LLC TX$19.1M · 0.01%
Molecular Templates, Inc. TX$18.8M · 0.49%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 611428824 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.