Plan Ledger DOL Form 5500 · updated monthly

Path Environmental Technology, LLC401(k)

PATH ENVIRONMENTAL TECHNOLOGY, LLC 401(K) PLAN · HOUSTON, TX · plan year 2023

Reported admin expense ratio · 2023
0.45%

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

Path Environmental Technology, LLC reported $4,720 in plan administrative expenses for 2023: 0.45% of average plan assets, below the peer median. Employer contributions averaged $3,072 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 1 year on file its reported administrative ratio rose from 0.45% to 0.56%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other administrative & support services employers. By assets it is among the smaller plans on file in Texas (5,203rd of 5,688), and 2,133rd of 2,534 in administrative & support services. In 2023, employees put in $1.43 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$1,209,705
Participants with balances134
Active participants54
Employer contributions$165,895
Employee contributions$236,656
Employer contribution per active participant$3,072
Average account balance$9,028
Benefits paid to participants$279,982
Plan auditUnmodified (clean) audit opinion
AuditorHAM, LANGSTON & BREZINA, L.L.P.
Plan history2
Yearassets · accounts · employer contribution
2024$1.1M · 44 accts · $130K emplr
2023$1.2M · 134 accts · $166K emplr
Administrative expenses, itemized · 2023
Investment management$4,720
Total administrative$4,720
The Path Environmental Technology, LLC 401(k) match · 2023
Employer contribution per active participant$3,072
Median for plans this size$1,308
2024$4,179 per active participant
2023$3,072 per active participant

Path Environmental Technology, LLC's 2023 employer contribution ran above the $1,308 median for plans its size, placing it in the top 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history2
2024$6,631 · 0.56%
2023$4,720 · 0.45%
Similar plansAdministrative & Support Services · Texas
Parrish Security Group TX$1.3M · 3.74%
Catapult Solutions Group TX$1.2M · 0.53%

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Source: U.S. Department of Labor, Form 5500 series, EIN 300825945 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.