Plan Ledger DOL Form 5500 · updated monthly

Panel Specialists, Inc.401(k)

PANEL SPECIALISTS, INC. 401(K) PLAN · TEMPLE, TX · plan year 2024

Reported admin expense ratio · 2024
0.76%

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

Panel Specialists, Inc. reported $49,170 in plan administrative expenses for 2024: 0.76% of average plan assets, above the peer median. Employer contributions averaged $1,820 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 0.76%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Texas (3,630th of 5,688), and 10,216th of 13,661 in manufacturing. In 2024, employees put in $1.55 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$6,924,088
Participants with balances108
Active participants91
Employer contributions$165,645
Employee contributions$257,100
Employer contribution per active participant$1,820
Average account balance$64,112
Benefits paid to participants$253,345
Plan auditUnmodified (clean) audit opinion
AuditorLUDWICK, MONTGOMERY & STAPP P.C.
Plan history3
Yearassets · accounts · employer contribution
2024$6.9M · 108 accts · $166K emplr
2023$6.0M · 100 accts · $165K emplr
2022$5.8M · 107 accts · $176K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$39,038
Investment management$10,132
Total administrative$49,170
The Panel Specialists, Inc. 401(k) match · 2024
Employer contribution per active participant$1,820
Median for plans this size$1,313
2024$1,820 per active participant
2023$1,734 per active participant
2022$1,794 per active participant

Panel Specialists, Inc.'s 2024 employer contribution ran above 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 · 20242
STANCORP FINANCIAL GROUP · Claims processing · Recordkeeping$34,818
INVESTORS BROKERAGE OF TEXAS, LTD · Investment advisory (plan)$14,352

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

Recordkeeper by year2
2024The Standard
2023The Standard

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

Administrative cost history3
2024$49,170 · 0.76%
2023$45,278 · 0.77%
2022$49,338 · 0.79%
Same employer
Similar plansManufacturing · Texas
Evergreen Recycling, LLC TX$7.1M · 1.14%
Sphero, Inc. TX$7.1M · 0.34%
Hyliion, Inc. TX$6.8M · 1.33%

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Source: U.S. Department of Labor, Form 5500 series, EIN 742567556 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.