Plan Ledger DOL Form 5500 · updated monthly

Longhorn, Inc.401(k)

LONGHORN, INC. 401(K) PLAN · DALLAS, TX · plan year 2022

Reported admin expense ratio · 2022
0.66%

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

Longhorn, Inc. reported $51,977 in plan administrative expenses for 2022: 0.66% of average plan assets, above the peer median. Employer contributions averaged $3,041 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other wholesale trade employers. By assets it is among the smaller plans on file in Texas (3,510th of 5,688), and 3,298th of 4,246 in wholesale trade. In 2022, the employer put in $1.02 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$7,445,373
Participants with balances86
Active participants95
Employer contributions$288,863
Employee contributions$284,075
Employer contribution per active participant$3,041
Average account balance$86,574
Benefits paid to participants$82,414
Plan auditUnmodified (clean) audit opinion
AuditorMCCARTHY, ROSE & MILLS, L.L.P.
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$325
Investment management$51,652
Total administrative$51,977
The Longhorn, Inc. 401(k) match · 2022
Employer contribution per active participant$3,041
Median for plans this size$1,114

Longhorn, Inc.'s 2022 employer contribution ran above the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$51,977 · 0.66%
Similar plansWholesale Trade · Texas
Grand Openings, Inc. TX$7.6M · 0.22%
Chem Tech Services, Inc. TX$7.6M · 0.95%
Fabriclean Supply, Inc. TX$7.4M · 0.46%
Floydco, Inc. TX$7.3M · 0.49%
Petrosmith LLC TX$7.1M · 0.40%

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Source: U.S. Department of Labor, Form 5500 series, EIN 742214405 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.