Plan Ledger DOL Form 5500 · updated monthly

Metro National Corporation401(k)

METRONATIONAL CORPORATION RETIREMENT SAVINGS PLAN · HOUSTON, TX · plan year 2024

Reported admin expense ratio · 2024
0.20%

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

Metro National Corporation reported $69,381 in plan administrative expenses for 2024: 0.20% of average plan assets, below the peer median. Employer contributions averaged $3,586 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 0.20%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other real estate & leasing employers. By assets it is the 1,294th-largest of 5,688 plans among Texas employers on file, and the 367th of 2,096 in real estate & leasing. In 2024, employees put in $1.46 for every $1.00 the employer contributed; active participation has grown from 251 to 363 since 2022.

Plan summary
Net assets, end of year$37,956,762
Participants with balances389
Active participants363
Employer contributions$1,301,883
Employee contributions$1,901,101
Employer contribution per active participant$3,586
Average account balance$97,575
Benefits paid to participants$2,780,216
Plan auditUnmodified (clean) audit opinion
AuditorCROWE LLP
Plan history3
Yearassets · accounts · employer contribution
2024$38.0M · 389 accts · $1.3M emplr
2023$33.0M · 354 accts · $1.0M emplr
2022$28.7M · 304 accts · $697K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$44,146
Investment management$25,235
Total administrative$69,381
The Metro National Corporation 401(k) match · 2024
Employer contribution per active participant$3,586
Median for plans this size$2,416
2024$3,586 per active participant
2023$3,905 per active participant
2022$2,777 per active participant

Metro National Corporation's 2024 employer contribution ran above the $2,416 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 · 20243
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$44,146
LEGACY ASSET MANAGEMENT INC · Investment advisory (plan)$15,084
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$8,649

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$69,381 · 0.20%
2023$59,168 · 0.19%
2022$61,602 · 0.19%
Same employer
Similar plansReal Estate & Leasing · Texas
Pritchard & Abbott, Inc. TX$48.8M · 0.23%
L & B Realty Advisors, LLP TX$40.9M · 0.01%
Crescent Real Estate LLC TX$39.7M · 0.17%
Hall Financial Group, LTD TX$37.4M · 0.02%
Highmark Residential, LLC TX$34.3M · 0.52%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 741949563 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.