Plan Ledger DOL Form 5500 · updated monthly

Noble Texas Builders, LLC401(k)

NOBLE TEXAS BUILDERS, LLC 401(K) PLAN · LA FERIA, TX · plan year 2023

Reported admin expense ratio · 2023
1.63%

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

Noble Texas Builders, LLC reported $45,524 in plan administrative expenses for 2023: 1.63% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,964 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 has held roughly steady near 1.63%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in Texas (4,538th of 5,688), and 4,481st of 5,337 in construction. In 2023, employees put in $1.87 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$3,166,811
Participants with balances76
Active participants88
Employer contributions$172,788
Employee contributions$323,871
Employer contribution per active participant$1,964
Average account balance$41,669
Benefits paid to participants$129,460
Plan auditUnmodified (clean) audit opinion
AuditorBROUSSARD & COMPANY
Plan history2
Yearassets · accounts · employer contribution
2023$3.2M · 76 accts · $173K emplr
2022$2.4M · 102 accts · $148K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$19,127
Investment management$26,397
Total administrative$45,524
The Noble Texas Builders, LLC 401(k) match · 2023
Employer contribution per active participant$1,964
Median for plans this size$1,308
2023$1,964 per active participant
2022$1,367 per active participant

Noble Texas Builders, LLC's 2023 employer contribution ran above the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20231
JOHN HANCOCK LIFE INSURANCE COMPANY · Recordkeeping · Investment management$2,253

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

Administrative cost history2
2023$45,524 · 1.63%
2022$36,566 · 1.64%
Similar plansConstruction · Texas
Empire Roofing, Inc. TX$3.3M · 0.47%
Capco Contractors, Inc. TX$3.3M · 0.05%

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Source: U.S. Department of Labor, Form 5500 series, EIN 473035911 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.