Plan Ledger DOL Form 5500 · updated monthly

Newton Peo, LLC401(k)

NEWTON PEO RETIREMENT SAVINGS PLAN · SAN ANTONIO, TX · plan year 2024

Reported admin expense ratio · 2024
0.95%

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

Newton Peo, LLC reported $24,981 in plan administrative expenses for 2024: 0.95% of average plan assets, higher than ~75% of peers. Employer contributions averaged $637 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 3 years on file its reported administrative ratio has held roughly steady near 0.95%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other administrative & support services employers. By assets it is among the smaller plans on file in Texas (4,710th of 5,688), and 1,828th of 2,534 in administrative & support services. In 2024, employees put in $1.87 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$2,606,692
Participants with balances161
Active participants261
Employer contributions$166,225
Employee contributions$311,628
Employer contribution per active participant$637
Average account balance$16,191
Benefits paid to participants$181,512
Plan auditUnmodified (clean) audit opinion
AuditorJASON F. CLAUSEN, P.C.
Plan history2
Yearassets · accounts · employer contribution
2024$2.6M · 161 accts · $166K emplr
2022$1.1M · 32 accts · $92K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$18,161
Investment management$6,117
Trustee / custodial$703
Total administrative$24,981
The Newton Peo, LLC 401(k) match · 2024
Employer contribution per active participant$637
Median for plans this size$1,313
2024$637 per active participant
2022$599 per active participant

Newton Peo, LLC's 2024 employer contribution ran below the $1,313 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 · 20243
AMERITAS LIFE INSURANCE CORP · Claims processing · Contract administrator$18,161
BKS FINANCIAL INVESTMENTS LLC · Investment advisory (participants) · Investment advisory (plan)$6,117
CHARLES SCHWAB BANK · Custodial (securities) · Loan processing$703

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

Administrative cost history2
2024$24,981 · 0.95%
2022$10,713 · 1.00%
Similar plansAdministrative & Support Services · Texas
Rwr Enterprises, Inc. TX$2.7M · 0.52%
Wizehire Incorporated TX$2.7M · 0.15%
Pentecom, LLC TX$2.6M · 0.57%
The Insource Group, Inc. TX$2.6M · 0.43%
Redlee/Scs, Inc. TX$2.4M · 0.24%
Quivera Enterprises, LLC TX$2.3M · 0.06%

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Source: U.S. Department of Labor, Form 5500 series, EIN 844056740 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.