Plan Ledger DOL Form 5500 · updated monthly

Overhead Door Corporation401(k)

OVERHEAD DOOR CORPORATION RETIREMENT SAVINGS PLAN · LEWISVILLE, TX · plan year 2024

Reported admin expense ratio · 2024
0.16%

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

Overhead Door Corporation reported $436,819 in plan administrative expenses for 2024: 0.16% of average plan assets, higher than ~75% of peers. Employer contributions averaged $3,135 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 0.22% to 0.16%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other manufacturing employers. By assets it is the 296th-largest of 5,688 plans among Texas employers on file, and the 861st of 13,661 in manufacturing. In 2024, employees put in $1.38 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$293,444,250
Participants with balances3,952
Active participants3,286
Employer contributions$10,302,029
Employee contributions$14,200,655
Employer contribution per active participant$3,135
Average account balance$74,252
Benefits paid to participants$28,122,795
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$293.4M · 3,952 accts · $10.3M emplr
2023$258.0M · 4,009 accts · $10.7M emplr
2022$218.4M · 4,044 accts · $10.0M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$262,082
Investment management$111,646
Audit (IQPA)$53,438
Total administrative$436,819
The Overhead Door Corporation 401(k) match · 2024
Employer contribution per active participant$3,135
Median for plans this size$4,294
2024$3,135 per active participant
2023$3,337 per active participant
2022$3,054 per active participant

Overhead Door Corporation's 2024 employer contribution ran below the $4,294 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 · 20246
FIDUCIENT ADVISORS LLC · Investment advisory (plan)$111,646
GRANT THORNTON LLP · Accounting / audit$32,778
CLIFTONLARSONALLEN LLP · Accounting / audit$20,660
FOLEY & LARDNER LLP · Legal$9,652

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$436,819 · 0.16%
2023$369,773 · 0.16%
2022$513,168 · 0.22%
All plans at this employer2
OVERHEAD DOOR CORPORATION RETIREMENT SAVINGS PLAN401(k)
OVERHEAD DOOR CORPORATION RETIREMENT PLAN FOR HOURLY EMPLOYEES401(k)
Same employer
Similar plansManufacturing · Texas
Arcosa, Inc. TX$338.5M · 0.18%
Wilsonart LLC TX$330.8M · 0.10%
Eagle Materials, Inc. TX$328.6M · 0.01%
Airborn, Inc. TX$291.1M · 0.05%
Shpp US LLC TX$288.5M · 0.01%
Lhoist North America, Inc. TX$281.3M · 0.14%
J B Poindexter & Co TX$275.3M · 0.22%

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Source: U.S. Department of Labor, Form 5500 series, EIN 350564120 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.