Plan Ledger DOL Form 5500 · updated monthly

Mundy Service Corporation401(k)

THE MUNDY COMPANIES RETIREMENT SAVINGS PLAN · HOUSTON, TX · plan year 2024

Reported admin expense ratio · 2024
0.14%

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

Mundy Service Corporation reported $22,717 in plan administrative expenses for 2024: 0.14% of average plan assets, below the peer median. Employer contributions averaged $190 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 0.75% to 0.14%. 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 2,198th-largest of 5,688 plans among Texas employers on file, and the 1,157th of 3,341 in other services. In 2024, employees put in $4.66 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$17,547,954
Participants with balances1,394
Active participants1,578
Employer contributions$300,000
Employee contributions$1,398,965
Employer contribution per active participant$190
Average account balance$12,588
Benefits paid to participants$1,468,664
Plan auditUnmodified (clean) audit opinion
AuditorBENTON DUROY, & IVEY, PC
Plan history3
Yearassets · accounts · employer contribution
2024$17.5M · 1,394 accts · $300K emplr
2023$15.1M · 1,430 accts
2022$13.8M · 1,606 accts
The Mundy Service Corporation 401(k) match · 2024
Employer contribution per active participant$190
Median for plans this size$2,416

Mundy Service Corporation'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 · 20242
BAKER BOTTS LLP$13,719

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

Recordkeeper by year2
2024Bank of America / Merrill
2023Bank of America / Merrill

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Administrative cost history3
2024$22,717 · 0.14%
2023$9,260 · 0.06%
2022$119,575 · 0.75%
Same employer
Similar plansOther Services · Texas
Rug Doctor, LLC TX$17.8M · 0.29%
Repairify, Inc. TX$17.6M · 0.48%
USA Debusk LLC TX$16.7M · 0.24%

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Source: U.S. Department of Labor, Form 5500 series, EIN 741507361 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.