Plan Ledger DOL Form 5500 · updated monthly

Litex Industries, Inc.401(k)

LITEX INDUSTRIES, INC. 401(K) PLAN · GRAND PRAIRIE, TX · plan year 2024

Reported admin expense ratio · 2024
0.06%

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

Litex Industries, Inc. reported $13,211 in plan administrative expenses for 2024: 0.06% of average plan assets, lower than ~75% of peers. Employer contributions averaged $543 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 0.08% to 0.06%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other wholesale trade employers. By assets it is the 1,744th-largest of 5,688 plans among Texas employers on file, and the 1,592nd of 4,246 in wholesale trade. In 2024, employees put in $6.32 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$24,759,343
Participants with balances234
Active participants327
Employer contributions$177,626
Employee contributions$1,123,119
Employer contribution per active participant$543
Average account balance$105,809
Benefits paid to participants$969,637
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$24.8M · 234 accts · $178K emplr
2023$21.3M · 234 accts · $167K emplr
2022$18.3M · 240 accts · $174K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$6,686
Investment management$6,525
Total administrative$13,211
The Litex Industries, Inc. 401(k) match · 2024
Employer contribution per active participant$543
Median for plans this size$2,416
2024$543 per active participant
2023$499 per active participant
2022$560 per active participant

Litex Industries, 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 · 20242
JPMORGAN INVEST HOLDINGS LLC$6,686
EMPOWER ADVISORY GROUP, LLC · Investment management$6,525

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$13,211 · 0.06%
2023$11,913 · 0.06%
2022$17,792 · 0.08%
Same employer
Similar plansWholesale Trade · Texas
Insco Distributing, Inc. TX$26.0M · 0.05%
Boedeker Plastics Inc. TX$25.7M · 0.30%
Star Pipe Products, LTD. TX$25.7M · 0.37%
Otc Global Holdings, LP TX$25.7M · 0.25%
Tidel Engineering LP TX$24.4M · 0.53%
Pss Holdings, LLC TX$24.2M · 0.35%
Omega Acquisition Corp TX$23.6M · 0.15%

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Source: U.S. Department of Labor, Form 5500 series, EIN 751697137 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.