Plan Ledger DOL Form 5500 · updated monthly

Municipal District Services, LLC401(k)

MUNICIPAL DISTRICT SERVICES, LLC 401(K) PLAN · KATY, TX · plan year 2024

Reported admin expense ratio · 2024
0.20%

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

Municipal District Services, LLC reported $8,650 in plan administrative expenses for 2024: 0.20% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,574 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 0.33% to 0.20%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other utilities employers. By assets it is among the smaller plans on file in Texas (3,989th of 5,688), and 370th of 412 in utilities. In 2024, employees put in $1.87 for every $1.00 the employer contributed; active participation has grown from 161 to 191 since 2022.

Plan summary
Net assets, end of year$5,219,259
Participants with balances181
Active participants191
Employer contributions$491,657
Employee contributions$920,089
Employer contribution per active participant$2,574
Average account balance$28,836
Benefits paid to participants$91,874
Plan auditUnmodified (clean) audit opinion
AuditorJAMES MILLER, CPA PC
Plan history3
Yearassets · accounts · employer contribution
2024$5.2M · 181 accts · $492K emplr
2023$3.4M · 151 accts · $440K emplr
2022$1.8M · 144 accts · $387K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$4,450
Total administrative$8,650
The Municipal District Services, LLC 401(k) match · 2024
Employer contribution per active participant$2,574
Median for plans this size$1,313
2024$2,574 per active participant
2023$2,499 per active participant
2022$2,407 per active participant

Municipal District Services, 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.

Administrative cost history3
2024$8,650 · 0.20%
2023$4,283 · 0.17%
2022$4,386 · 0.33%
Same employer
Similar plansUtilities · Texas
Plus Power Services LLC TX$7.8M · 0.09%
Catalyze, LLC TX$6.4M · 0.43%
Biourja Renewables, LLC TX$5.2M · 1.06%
Waterfleet, LLC TX$4.7M · 1.39%
Xri Services Co., LLC TX$4.5M · 0.33%

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Source: U.S. Department of Labor, Form 5500 series, EIN 260801418 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.