Plan Ledger DOL Form 5500 · updated monthly

Operation Kindness401(k)

403(B) THRIFT PLAN FOR EMPLOYEES OF OPERATION KINDNESS · CARROLLTON, TX · plan year 2024

Reported admin expense ratio · 2024
0.15%

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

Operation Kindness reported $2,817 in plan administrative expenses for 2024: 0.15% of average plan assets, lower than ~75% of peers. Employer contributions averaged $840 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 1 year on file its reported administrative ratio rose from 0.05% to 0.15%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other other services employers. By assets it is among the smaller plans on file in Texas (4,869th of 5,688), and 2,840th of 3,341 in other services. In 2024, employees put in $2.07 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$2,126,497
Participants with balances250
Active participants189
Employer contributions$158,675
Employee contributions$329,246
Employer contribution per active participant$840
Average account balance$8,506
Benefits paid to participants$136,404
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2024$2.1M · 250 accts · $159K emplr
2023$1.5M · 159 accts · $81K emplr
The Operation Kindness 401(k) match · 2024
Employer contribution per active participant$840
Median for plans this size$1,313
2024$840 per active participant
2023$596 per active participant

Operation Kindness'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 · 20241
MUTUAL OF AMERICA INVESTMENT CORP · Claims processing · Recordkeeping$2,804

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

Recordkeeper by year2
2024Mutual of America
2023Mutual of America

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history2
2024$2,817 · 0.15%
2023$654 · 0.05%
Same employer
Similar plansOther Services · Texas
Crosspoint, Inc. TX$2.5M · 0.31%
Lone Star Peo, Inc. TX$2.4M · 1.12%
K&R Operating LLC TX$2.4M · 1.26%
The Center for Pursuit TX$2.1M · 0.00%
Jobs Holdings, Inc. TX$1.9M · 0.12%

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Source: U.S. Department of Labor, Form 5500 series, EIN 751553350 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.