Plan Ledger DOL Form 5500 · updated monthly

Management Controls, Inc.401(k)

MANAGEMENT CONTROLS, INC. 401(K) PLAN · HOUSTON, TX · plan year 2024

Reported admin expense ratio · 2024
0.46%

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

Management Controls, Inc. reported $77,156 in plan administrative expenses for 2024: 0.46% of average plan assets, higher than ~75% of peers. Employer contributions averaged $5,498 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 0.43% to 0.46%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other information & media employers. By assets it is the 2,112th-largest of 5,688 plans among Texas employers on file, and the 1,060th of 2,199 in information & media. In 2024, employees put in $2.21 for every $1.00 the employer contributed; active participation has grown from 141 to 167 since 2022.

Plan summary
Net assets, end of year$18,899,049
Participants with balances189
Active participants167
Employer contributions$918,112
Employee contributions$2,033,031
Employer contribution per active participant$5,498
Average account balance$99,995
Benefits paid to participants$1,229,147
Plan auditUnmodified (clean) audit opinion
AuditorBDG-CPAS
Plan history3
Yearassets · accounts · employer contribution
2024$18.9M · 189 accts · $918K emplr
2023$14.7M · 183 accts · $804K emplr
2022$10.6M · 166 accts · $675K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$27,467
Investment management$49,689
Total administrative$77,156
The Management Controls, Inc. 401(k) match · 2024
Employer contribution per active participant$5,498
Median for plans this size$2,416
2024$5,498 per active participant
2023$5,221 per active participant
2022$4,788 per active participant

Management Controls, Inc.'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 · 20243
MBG RETIREMENT INC · Investment advisory (plan)$38,497
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$27,467
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$11,192

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$77,156 · 0.46%
2023$55,628 · 0.44%
2022$46,500 · 0.43%
Same employer
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Flosports, Inc. TX$19.8M · 0.77%
EX2 Solutions, Inc. TX$19.4M · 0.17%
Southern Newspapers, Inc. TX$19.2M · 0.05%
Specialists on Call, Inc. TX$18.9M · 0.28%
Logix Communications, LP TX$18.5M · 0.03%
Cpanel, LLC. TX$18.0M · 0.19%
Bluware, Inc TX$18.0M · 0.20%
Builder Homesite, Inc TX$17.6M · 0.13%

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Source: U.S. Department of Labor, Form 5500 series, EIN 760392753 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.