Plan Ledger DOL Form 5500 · updated monthly

Park Lawn Memorial Group, LLC401(k)

PARK LAWN 401(K) PLAN · HOUSTON, TX · plan year 2024

Reported admin expense ratio · 2024
0.35%

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

Park Lawn Memorial Group, LLC reported $165,574 in plan administrative expenses for 2024: 0.35% of average plan assets, above the peer median. Employer contributions averaged $1,148 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 0.35%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other other services employers. By assets it is the 1,073rd-largest of 5,688 plans among Texas employers on file, and the 434th of 3,341 in other services. In 2024, employees put in $2.64 for every $1.00 the employer contributed; active participation has shrunk from 1,852 to 1,630 since 2022.

Plan summary
Net assets, end of year$49,074,811
Participants with balances1,840
Active participants1,630
Employer contributions$1,871,260
Employee contributions$4,943,595
Employer contribution per active participant$1,148
Average account balance$26,671
Benefits paid to participants$9,614,737
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$49.1M · 1,840 accts · $1.9M emplr
2023$45.6M · 2,107 accts · $2.3M emplr
2022$36.6M · 1,855 accts · $2.3M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$160,440
Investment management$5,134
Total administrative$165,574
The Park Lawn Memorial Group, LLC 401(k) match · 2024
Employer contribution per active participant$1,148
Median for plans this size$2,416
2024$1,148 per active participant
2023$1,393 per active participant
2022$1,243 per active participant

Park Lawn Memorial Group, LLC's 2024 employer contribution ran below the $2,416 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 · 20241
JOHN HANCOCK · Recordkeeping · Investment advisory (participants)$165,574

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$165,574 · 0.35%
2023$149,340 · 0.36%
2022$128,463 · 0.34%
Same employer
Similar plansOther Services · Texas
Texas Medical Association TX$62.4M · 0.03%
Buckner International TX$60.8M · 0.15%
Saber Power Services, LLC TX$49.6M · 0.47%
Texas A&M Foundation TX$46.1M · 0.10%
J&J Maintenance, Inc. TX$44.9M · 0.28%

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Source: U.S. Department of Labor, Form 5500 series, EIN 383927690 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.