Plan Ledger DOL Form 5500 · updated monthly

Moody Gardens, Inc.401(k)

MOODY GARDENS, INC. 401(K) RETIREMENT PLAN · GALVESTON, TX · plan year 2024

Reported admin expense ratio · 2024
0.59%

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

Moody Gardens, Inc. reported $66,410 in plan administrative expenses for 2024: 0.59% of average plan assets, higher than ~75% of peers. Employer contributions averaged $963 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 0.44% to 0.59%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other other services employers. By assets it is the 2,809th-largest of 5,688 plans among Texas employers on file, and the 1,493rd of 3,341 in other services. In 2024, employees put in $1.58 for every $1.00 the employer contributed; active participation has grown from 324 to 374 since 2022.

Plan summary
Net assets, end of year$11,858,863
Participants with balances278
Active participants374
Employer contributions$359,986
Employee contributions$568,232
Employer contribution per active participant$963
Average account balance$42,658
Benefits paid to participants$977,618
Plan auditUnmodified (clean) audit opinion
AuditorPANNELL KERR FORSTER OF TEXAS, P.C.
Plan history3
Yearassets · accounts · employer contribution
2024$11.9M · 278 accts · $360K emplr
2023$10.5M · 273 accts · $348K emplr
2022$8.6M · 252 accts · $293K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$66,410
Total administrative$66,410
The Moody Gardens, Inc. 401(k) match · 2024
Employer contribution per active participant$963
Median for plans this size$2,416
2024$963 per active participant
2023$949 per active participant
2022$904 per active participant

Moody Gardens, Inc.'s 2024 employer contribution ran below the $2,416 median for plans its size, in the bottom 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
LOREN D STARK COMPANY · Contract administrator$6,768
EMPOWER ADVISORY GROUP, LLC · Investment management$2,413

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$66,410 · 0.59%
2023$56,258 · 0.59%
2022$41,700 · 0.44%
Same employer
Similar plansOther Services · Texas
Ingenesis, Inc. TX$12.5M · 0.82%
Bible Study Fellowship TX$12.0M · 0.02%
Expresspoint Technology TX$11.9M · 0.38%
Arkos Field Services, LP TX$10.3M · 0.36%
Reliable Parts, Inc. TX$9.6M · 0.87%

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Source: U.S. Department of Labor, Form 5500 series, EIN 760288131 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.