Plan Ledger DOL Form 5500 · updated monthly

Napco Precast, LLC401(k)

NAPCO PRECAST, LLC RETIREMENT PLAN AND TRUST · SAN ANTONIO, TX · plan year 2024

Reported admin expense ratio · 2024
1.00%

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

Napco Precast, LLC reported $46,552 in plan administrative expenses for 2024: 1.00% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,143 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 1.09% to 1.00%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Texas (4,077th of 5,688), and 11,246th of 13,661 in manufacturing. In 2024, employees put in $1.94 for every $1.00 the employer contributed; active participation has shrunk from 290 to 184 since 2022.

Plan summary
Net assets, end of year$4,928,589
Participants with balances126
Active participants184
Employer contributions$210,394
Employee contributions$407,124
Employer contribution per active participant$1,143
Average account balance$39,116
Benefits paid to participants$506,042
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$4.9M · 126 accts · $210K emplr
2023$4.4M · 161 accts · $260K emplr
2022$3.8M · 154 accts · $212K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$17,876
Investment management$20,278
Audit (IQPA)$8,398
Total administrative$46,552
The Napco Precast, LLC 401(k) match · 2024
Employer contribution per active participant$1,143
Median for plans this size$1,313
2024$1,143 per active participant
2023$1,084 per active participant
2022$731 per active participant

Napco Precast, LLC's 2024 employer contribution ran below the $1,313 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 · 20244
GALLAGHER BENEFIT SERVICES INC DBA · Investment advisory (plan)$17,798
WEAVER AND TIDWELL, LLP · Accounting / audit$8,398
EMPOWER ADVISORY GROUP, LLC · Investment management$2,479

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$46,552 · 1.00%
2023$35,694 · 0.87%
2022$43,116 · 1.09%
Same employer
Similar plansManufacturing · Texas
Fabcorp, Inc. TX$4.9M · 0.15%
Aspen Manufacturing LLC TX$4.9M · 0.32%
Door Controls USA, Inc. TX$4.9M · 0.75%
Comet Signs LLC TX$4.8M · 0.74%

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Source: U.S. Department of Labor, Form 5500 series, EIN 261807010 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.