Plan Ledger DOL Form 5500 · updated monthly

Maxey Energy Company401(k)

MAXEY ENERGY 401(K) PLAN · UVALDE, TX · plan year 2022

Reported admin expense ratio · 2022
0.07%

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

Maxey Energy Company reported $350 in plan administrative expenses for 2022: 0.07% of average plan assets, lower than ~75% of peers. Employer contributions averaged $325 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 under $1M size bracket, benchmarked here against 4,041 comparable plans and shown alongside other wholesale trade employers. By assets it is among the smaller plans on file in Texas (5,461st of 5,688), and 4,190th of 4,246 in wholesale trade. In 2022, employees put in $1.11 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$478,418
Participants with balances24
Active participants148
Employer contributions$48,045
Employee contributions$53,132
Employer contribution per active participant$325
Average account balance$19,934
Benefits paid to participants$6,255
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$350
Total administrative$350
The Maxey Energy Company 401(k) match · 2022
Employer contribution per active participant$325
Median for plans this size$331

Maxey Energy Company's 2022 employer contribution ran below the $331 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$350 · 0.07%
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Source: U.S. Department of Labor, Form 5500 series, EIN 742075538 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.