Plan Ledger DOL Form 5500 · updated monthly

M1 Support Services, L.P.401(k)

M1 SUPPORT SERVICES, L.P. 401(K) PLAN · DENTON, TX · plan year 2024

Reported admin expense ratio · 2024
0.19%

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

M1 Support Services, L.P. reported $278,502 in plan administrative expenses for 2024: 0.19% of average plan assets, above the peer median. Employer contributions averaged $3,479 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 0.19%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other transportation & warehousing employers. By assets it is the 436th-largest of 5,688 plans among Texas employers on file, and the 163rd of 2,677 in transportation & warehousing. In 2024, employees put in $1.06 for every $1.00 the employer contributed; active participation has grown from 2,492 to 5,220 since 2022.

Plan summary
Net assets, end of year$171,556,672
Participants with balances5,619
Active participants5,220
Employer contributions$18,158,317
Employee contributions$19,205,203
Employer contribution per active participant$3,479
Average account balance$30,532
Benefits paid to participants$19,227,163
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$171.6M · 5,619 accts · $18.2M emplr
2023$128.6M · 5,196 accts · $17.4M emplr
2022$92.6M · 2,784 accts · $7.0M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$248,914
Investment management$29,588
Total administrative$278,502
The M1 Support Services, L.P. 401(k) match · 2024
Employer contribution per active participant$3,479
Median for plans this size$3,635
2024$3,479 per active participant
2023$3,618 per active participant
2022$2,815 per active participant

M1 Support Services, L.P.'s 2024 employer contribution ran below the $3,635 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
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$29,588

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$278,502 · 0.19%
2023$197,357 · 0.18%
2022$178,173 · 0.18%
Same employer
Similar plansTransportation & Warehousing · Texas
Nustar Services Company LLC TX$328.6M · 0.07%
Loomis Armored US, LLC TX$258.4M · 0.18%
Uber Freight US LLC TX$212.5M · 0.06%
Bristow Group Inc. TX$189.5M · 0.02%
Stolt-Nielsen USA Inc. TX$143.1M · 0.12%
Houston Pilots TX$136.8M · 0.14%
Daseke Companies, Inc. TX$114.6M · 0.26%

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Source: U.S. Department of Labor, Form 5500 series, EIN 200288988 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.