Plan Ledger DOL Form 5500 · updated monthly

Parrish & Company, Inc.401(k)

PARRISH & COMPANY 401(K) PLAN · SAN ANTONIO, TX · plan year 2023

Reported admin expense ratio · 2023
0.43%

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

Parrish & Company, Inc. reported $45,788 in plan administrative expenses for 2023: 0.43% of average plan assets, above the peer median. Employer contributions averaged $2,994 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 0.45%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other wholesale trade employers. By assets it is among the smaller plans on file in Texas (2,861st of 5,688), and 2,725th of 4,246 in wholesale trade. In 2023, employees put in $1.38 for every $1.00 the employer contributed; active participation has grown from 121 to 136 since 2022.

Plan summary
Net assets, end of year$11,561,541
Participants with balances136
Active participants136
Employer contributions$407,141
Employee contributions$562,697
Employer contribution per active participant$2,994
Average account balance$85,011
Benefits paid to participants$305,676
Plan auditUnmodified (clean) audit opinion
AuditorSOL SCHWARTZ & ASSOCIATES, PC
Plan history3
Yearassets · accounts · employer contribution
2024$11.5M · 156 accts · $325K emplr
2023$11.6M · 136 accts · $407K emplr
2022$9.6M · 135 accts · $770K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$43,837
Investment management$1,951
Total administrative$45,788
The Parrish & Company, Inc. 401(k) match · 2023
Employer contribution per active participant$2,994
Median for plans this size$2,440
2024$2,539 per active participant
2023$2,994 per active participant
2022$6,363 per active participant

Parrish & Company, Inc.'s 2023 employer contribution ran above the $2,440 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20232
JOHN HANCOCK LIFE INSURANCE COMPANY · Recordkeeping · Investment management$2,555
WILSHIRE ASSOCIATES INC(USA) · Investment advisory (participants)$1,951

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

Recordkeeper by year2
2024John Hancock
2023John Hancock

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

Administrative cost history3
2024$51,356 · 0.45%
2023$45,788 · 0.43%
2022$42,877 · 0.44%
Same employer
Similar plansWholesale Trade · Texas
Petroleum Wholesale, L.P. TX$11.7M · 0.65%
Vector Controls, LLC TX$11.7M · 0.31%
Earl Owen Company, Inc. TX$11.6M · 0.55%
Documation, Inc. TX$11.4M · 0.51%
Act Pipe and Supply, Inc. TX$11.3M · 0.12%
Enduro Composites, Inc. TX$11.3M · 0.02%
St Acquisition LLC TX$11.3M · 0.10%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 741730530 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.