Plan Ledger DOL Form 5500 · updated monthly

Lone Star Fasteners, LLC401(k)

LONE STAR FASTENERS, LLC 401(K) AND PROFIT SHARING PLAN · SPRING, TX · plan year 2024

Reported admin expense ratio · 2024
0.60%

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

Lone Star Fasteners, LLC reported $87,970 in plan administrative expenses for 2024: 0.60% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,068 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 0.55% to 0.60%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 2,373rd-largest of 5,688 plans among Texas employers on file, and 6,936th of 13,661 in manufacturing. In 2024, employees put in $1.49 for every $1.00 the employer contributed; active participation has grown from 294 to 372 since 2022.

Plan summary
Net assets, end of year$15,537,826
Participants with balances441
Active participants372
Employer contributions$769,375
Employee contributions$1,147,142
Employer contribution per active participant$2,068
Average account balance$35,233
Benefits paid to participants$1,719,857
Plan auditUnmodified (clean) audit opinion
AuditorABIP
Plan history3
Yearassets · accounts · employer contribution
2024$15.5M · 441 accts · $769K emplr
2023$13.8M · 381 accts · $640K emplr
2022$11.1M · 349 accts · $543K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$53,334
Investment management$34,636
Total administrative$87,970
The Lone Star Fasteners, LLC 401(k) match · 2024
Employer contribution per active participant$2,068
Median for plans this size$2,416
2024$2,068 per active participant
2023$1,958 per active participant
2022$1,847 per active participant

Lone Star Fasteners, LLC's 2024 employer contribution ran below 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 · 20242
CREATIVE PLANNING LLC · Investment advisory (plan)$34,636

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$87,970 · 0.60%
2023$71,690 · 0.58%
2022$66,751 · 0.55%
Same employer
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Equibrand Corporation TX$15.6M · 0.62%
Lauren Concrete, Inc. TX$15.6M · 0.52%
Vault Pressure Control, LLC TX$15.5M · 1.04%
Farouk Systems Inc. TX$15.4M · 0.32%
Flowco Productions LLC TX$15.4M · 0.46%

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Source: U.S. Department of Labor, Form 5500 series, EIN 200661026 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.