Plan Ledger DOL Form 5500 · updated monthly

Mark Andrews & Company401(k)

K. E. ANDREWS 401(K) PROFIT SHARING PLAN · ROCKWALL, TX · plan year 2024

Reported admin expense ratio · 2024
0.04%

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

Mark Andrews & Company reported $4,953 in plan administrative expenses for 2024: 0.04% of average plan assets, lower than ~75% of peers. Employer contributions averaged $4,913 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 fell from 0.05% to 0.04%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 2,568th-largest of 5,688 plans among Texas employers on file, and 6,884th of 11,654 in professional & technical services. In 2024, employees put in $1.22 for every $1.00 the employer contributed; active participation has grown from 128 to 163 since 2022.

Plan summary
Net assets, end of year$13,776,269
Participants with balances190
Active participants163
Employer contributions$800,829
Employee contributions$980,648
Employer contribution per active participant$4,913
Average account balance$72,507
Benefits paid to participants$501,883
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$13.8M · 190 accts · $801K emplr
2023$10.9M · 181 accts · $668K emplr
2022$8.3M · 153 accts · $551K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$4,953
Total administrative$4,953
The Mark Andrews & Company 401(k) match · 2024
Employer contribution per active participant$4,913
Median for plans this size$2,416
2024$4,913 per active participant
2023$4,541 per active participant
2022$4,307 per active participant

Mark Andrews & Company'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
NOVA 401(K) ASSOCIATES · Other servicesindirect comp

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$4,953 · 0.04%
2023$3,192 · 0.03%
2022$4,151 · 0.05%
Same employer
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Access Sciences Corporation TX$14.0M · 0.40%
One Network Enterprises TX$13.8M · 0.04%
Ensite Usa,Inc TX$13.6M · 0.23%
Stoneeagle, F&I, Inc. TX$13.6M · 0.58%

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Source: U.S. Department of Labor, Form 5500 series, EIN 752693846 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.