Plan Ledger DOL Form 5500 · updated monthly

Partner Industrial, L.P.401(k)

PARTNER INDUSTRIAL, L.P. 401(K) SAVINGS PLAN · HOUSTON, TX · plan year 2024

Reported admin expense ratio · 2024
0.53%

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

Partner Industrial, L.P. reported $29,781 in plan administrative expenses for 2024: 0.53% of average plan assets, below the peer median. Employer contributions averaged $0 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 0.53%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other other services employers. By assets it is among the smaller plans on file in Texas (3,784th of 5,688), and 2,128th of 3,341 in other services. In 2024, employees put in $10132.28 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$6,142,819
Participants with balances180
Active participants2,213
Employer contributions$65
Employee contributions$658,598
Employer contribution per active participant$0
Average account balance$34,127
Benefits paid to participants$395,248
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$6.1M · 180 accts · $65 emplr
2023$5.2M · 195 accts · $5K emplr
2022$4.7M · 173 accts · $7K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$479
Investment management$29,302
Total administrative$29,781
The Partner Industrial, L.P. 401(k) match · 2024
Employer contribution per active participant$0
Median for plans this size$1,313
2024$0 per active participant
2023$2 per active participant
2022$3 per active participant

Partner Industrial, L.P.'s 2024 employer contribution ran below the $1,313 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 · 20243
ALLIANT INSURANCE SERVICES INC DBA · Investment advisory (plan)$26,943
EMPOWER ADVISORY GROUP, LLC · Investment management$2,359

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$29,781 · 0.53%
2023$25,438 · 0.52%
2022$25,536 · 0.52%
Same employer
Similar plansOther Services · Texas
Frio Hospital Association TX$6.6M · 0.13%
The Fort Worth Club TX$6.5M · 0.07%
Rent-A-Center East, Inc. TX$6.2M · 0.15%
Camp Roofing, LTD. TX$5.9M · 0.53%
Desert Ndt, LLC TX$5.7M · 0.93%
Wynden Stark LLC TX$5.7M · 0.73%

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Source: U.S. Department of Labor, Form 5500 series, EIN 364844556 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.