Plan Ledger DOL Form 5500 · updated monthly

Main Street Capital Corporation401(k)

MAIN STREET CAPITAL CORPORATION 401(K) SAVINGS PLAN · HOUSTON, TX · plan year 2024

Reported admin expense ratio · 2024
0.00%

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

Main Street Capital Corporation reported $525 in plan administrative expenses for 2024: 0.00% of average plan assets, lower than ~75% of peers. Employer contributions averaged $8,865 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 1 year on file its reported administrative ratio rose from 0.001% to 0.002%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other finance & insurance employers. By assets it is the 1,639th-largest of 5,688 plans among Texas employers on file, and 2,554th of 4,798 in finance & insurance. In 2024, employees put in $1.88 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$27,528,272
Participants with balances154
Active participants107
Employer contributions$948,581
Employee contributions$1,783,858
Employer contribution per active participant$8,865
Average account balance$178,755
Benefits paid to participants$4,780,009
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2024$27.5M · 154 accts · $949K emplr
2023$25.2M · 142 accts · $784K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$525
Total administrative$525
The Main Street Capital Corporation 401(k) match · 2024
Employer contribution per active participant$8,865
Median for plans this size$2,416
2024$8,865 per active participant
2023$7,838 per active participant

Main Street Capital Corporation's 2024 employer contribution ran above the $2,416 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 · 20241
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$525

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history2
2024$525 · 0.00%
2023$125 · 0.00%
Same employer
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P10 Holdings, Inc. TX$28.3M · 0.43%
Security State Bank & Trust TX$28.0M · 0.30%
Texas Gulf Bancshares, Inc. TX$27.9M · 0.38%
Fivepoint Credit Union TX$27.5M · 0.12%
Hometrust Mortgage Company TX$26.6M · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 412230745 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.