Plan Ledger DOL Form 5500 · updated monthly

Liquidpower Specialty Products Inc.401(k)

LIQUIDPOWER SPECIALTY PRODUCTS INC. 401(K) AND PROFIT SHARING PLAN · HOUSTON, TX · plan year 2024

Reported admin expense ratio · 2024
0.06%

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

Liquidpower Specialty Products Inc. reported $49,907 in plan administrative expenses for 2024: 0.06% of average plan assets, below the peer median. Employer contributions averaged $12,060 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 0.07% to 0.06%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other manufacturing employers. By assets it is the 716th-largest of 5,688 plans among Texas employers on file, and the 2,123rd of 13,661 in manufacturing. In 2024, the employer put in $1.15 for every $1.00 employees contributed themselves; active participation has grown from 432 to 485 since 2022.

Plan summary
Net assets, end of year$86,303,633
Participants with balances567
Active participants485
Employer contributions$5,849,103
Employee contributions$5,081,338
Employer contribution per active participant$12,060
Average account balance$152,211
Benefits paid to participants$5,368,544
Plan auditUnmodified (clean) audit opinion
AuditorPKF TEXAS
Plan history3
Yearassets · accounts · employer contribution
2024$86.3M · 567 accts · $5.8M emplr
2023$67.3M · 543 accts · $5.4M emplr
2022$53.1M · 501 accts · $4.3M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$16,742
Investment management$33,165
Total administrative$49,907
The Liquidpower Specialty Products Inc. 401(k) match · 2024
Employer contribution per active participant$12,060
Median for plans this size$3,635
2024$12,060 per active participant
2023$11,692 per active participant
2022$10,033 per active participant

Liquidpower Specialty Products Inc.'s 2024 employer contribution ran above the $3,635 median for plans its size, placing it in the top 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
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$33,165
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$16,737

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$49,907 · 0.06%
2023$30,913 · 0.05%
2022$41,457 · 0.07%
Same employer
Similar plansManufacturing · Texas
Riviana Foods Inc. TX$90.0M · 0.19%
Solmax Geosynthetics, LLC. TX$87.9M · 0.07%
Haldor Topsoe, Inc. TX$87.2M · 0.17%
Visual Comfort & Co. TX$86.7M · 0.38%
Valid Management LLC TX$85.5M · 0.00%
Ceco Environmental Corp. TX$84.7M · 0.14%
Cactus Wellhead, LLC TX$83.8M · 0.24%
Dpt Laboratories, LTD. TX$83.5M · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 736091775 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.