Plan Ledger DOL Form 5500 · updated monthly

New Tech Engineering LP401(k)

NEW TECH ENGINEERING LP 401(K) PLAN · HOUSTON, TX · plan year 2024

Reported admin expense ratio · 2024
0.42%

New Tech Engineering LP reported $76,850 in plan administrative expenses for 2024: 0.42% of average plan assets, above the peer median. 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 0.36% to 0.42%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 2,020th-largest of 5,688 plans among Texas employers on file, and the 5,543rd of 11,654 in professional & technical services. active participation has grown from 343 to 393 since 2022.

Plan summary
Net assets, end of year$20,007,568
Participants with balances199
Active participants393
Employer contributions—
Employee contributions$2,212,926
Employer contribution per active participant—
Average account balance$100,541
Benefits paid to participants$1,368,844
Plan auditUnmodified (clean) audit opinion
AuditorWEINSTEIN SPIRA & COMPANY, P.C.
Plan history3
Yearassets · accounts · employer contribution
2024$20.0M · 199 accts
2023$16.9M · 185 accts · $964K emplr
2022$13.0M · 164 accts · $1.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$76,850
Total administrative$76,850
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 · 20245
WORLD INVESTMENT ADVISORS LLC · Investment advisory (plan)$28,930
ASSUREDPARTNERS CAPITAL INC · Investment advisory (plan)$23,865
EMPOWER ADVISORY GROUP, LLC · Investment management$18,694
NOVA 401(K) ASSOCIATES · Contract administrator$4,435

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$76,850 · 0.42%
2023$55,306 · 0.37%
2022$48,931 · 0.36%
Similar plansProfessional & Technical Services · Texas
Thomas J. Henry Law Firm TX$20.4M · 0.70%
King Aerospace, Inc. TX$20.4M · 0.62%
Bourque Holdings, LLC TX$20.3M · 0.36%
Motivus, LLC TX$20.0M · 0.59%
Smartcomms, LLC TX$20.0M · 0.29%
Authentix, Inc. TX$19.8M · 0.34%
Ziegler Cooper, Inc. TX$19.7M · 0.00%

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Source: U.S. Department of Labor, Form 5500 series, EIN 760564778 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.