Plan Ledger DOL Form 5500 · updated monthly

Parkhill, Smith & Cooper, Inc.401(k)

PARKHILL, SMITH & COOPER, INC. EMPLOYEES' RETIREMENT PLAN AND TRUST · LUBBOCK, TX · plan year 2024

Reported admin expense ratio · 2024
0.11%

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

Parkhill, Smith & Cooper, Inc. reported $78,122 in plan administrative expenses for 2024: 0.11% of average plan assets, below the peer median. Employer contributions averaged $6,245 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 0.23% to 0.11%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other professional & technical services employers. By assets it is the 766th-largest of 5,688 plans among Texas employers on file, and the 1,844th of 11,654 in professional & technical services. In 2024, the employer put in $1.16 for every $1.00 employees contributed themselves; active participation has grown from 535 to 678 since 2022.

Plan summary
Net assets, end of year$79,096,251
Participants with balances761
Active participants678
Employer contributions$4,234,070
Employee contributions$3,657,897
Employer contribution per active participant$6,245
Average account balance$103,937
Benefits paid to participants$3,837,340
Plan auditUnmodified (clean) audit opinion
AuditorRBMS, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$79.1M · 761 accts · $4.2M emplr
2023$65.0M · 709 accts · $3.5M emplr
2022$48.4M · 608 accts · $2.7M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$9,189
Investment management$68,933
Total administrative$78,122
The Parkhill, Smith & Cooper, Inc. 401(k) match · 2024
Employer contribution per active participant$6,245
Median for plans this size$3,635
2024$6,245 per active participant
2023$5,773 per active participant
2022$4,960 per active participant

Parkhill, Smith & Cooper, Inc.'s 2024 employer contribution ran above the $3,635 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$9,189
PRIME CAPITAL INVESTMENT ADVISORS · Investment advisory (plan)$68,933

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$78,122 · 0.11%
2023$67,451 · 0.12%
2022$101,425 · 0.23%
Same employer
Similar plansProfessional & Technical Services · Texas
Gearbox Software LLC TX$84.1M · 0.21%
HR & P Solutions, Inc. TX$80.9M · 0.75%
Defi Auto, LLC TX$78.8M · 0.10%
Alkami Technology, Inc. TX$77.0M · 0.17%
Banker's Toolbox, Inc. TX$76.5M · 0.22%

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Source: U.S. Department of Labor, Form 5500 series, EIN 751156936 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.