Plan Ledger DOL Form 5500 · updated monthly

Morrow Renewables, LLC401(k)

MORROW RENEWABLES, LLC 401(K) PLAN · MCKINNEY, TX · plan year 2024

Reported admin expense ratio · 2024
0.31%

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

Morrow Renewables, LLC reported $25,085 in plan administrative expenses for 2024: 0.31% of average plan assets, below the peer median. Employer contributions averaged $13,609 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 0.49% to 0.31%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other mining, oil & gas extraction employers. By assets it is among the smaller plans on file in Texas (3,249th of 5,688), and 441st of 612 in mining, oil & gas extraction. In 2024, the employer put in $1.09 for every $1.00 employees contributed themselves; active participation has shrunk from 109 to 58 since 2022.

Plan summary
Net assets, end of year$8,798,721
Participants with balances98
Active participants58
Employer contributions$789,314
Employee contributions$724,771
Employer contribution per active participant$13,609
Average account balance$89,783
Benefits paid to participants$1,372,943
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$8.8M · 98 accts · $789K emplr
2023$7.4M · 171 accts · $612K emplr
2022$5.5M · 151 accts · $532K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$9,542
Investment management$15,543
Total administrative$25,085
The Morrow Renewables, LLC 401(k) match · 2024
Employer contribution per active participant$13,609
Median for plans this size$1,313
2024$13,609 per active participant
2023$5,276 per active participant
2022$4,877 per active participant

Morrow Renewables, LLC's 2024 employer contribution ran above the $1,313 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
MERRILL LYNCH PIERCE FENNER & SMITH · Recordkeeping · Pension consulting$15,543
ADP, INC. · Loan processing · Recordkeeping$9,541
ADP BROKER-DEALER · Other servicesindirect comp

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024ADP, Bank of America / Merrill
2023ADP, Ascensus

This plan has changed recordkeepers within these filings. If you left Morrow Renewables, LLC before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$25,085 · 0.31%
2023$22,144 · 0.34%
2022$28,134 · 0.49%
Same employer
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Nacg Texas, Inc. TX$9.1M · 0.29%
Eastham Enterprises TX$8.6M · 0.47%
Pv Fluid Products, Inc. TX$8.6M · 0.18%
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Source: U.S. Department of Labor, Form 5500 series, EIN 208845619 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.