Plan Ledger DOL Form 5500 · updated monthly

Patterson & Sheridan, LLP401(k)

PATTERSON & SHERIDAN, LLP PROFIT SHARING 401(K) PLAN · HOUSTON, TX · plan year 2024

Reported admin expense ratio · 2024
0.04%

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

Patterson & Sheridan, LLP reported $18,476 in plan administrative expenses for 2024: 0.04% of average plan assets, lower than ~75% of peers. Employer contributions averaged $14,102 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 rose from 0.02% to 0.04%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 1,010th-largest of 5,688 plans among Texas employers on file, and the 2,613th of 11,654 in professional & technical services. In 2024, the employer put in $1.08 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$53,707,672
Participants with balances232
Active participants137
Employer contributions$1,931,945
Employee contributions$1,789,221
Employer contribution per active participant$14,102
Average account balance$231,499
Benefits paid to participants$2,002,897
Plan auditUnmodified (clean) audit opinion
AuditorCROWE LLP
Plan history3
Yearassets · accounts · employer contribution
2024$53.7M · 232 accts · $1.9M emplr
2023$45.8M · 244 accts · $1.8M emplr
2022$38.0M · 225 accts · $1.6M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$18,476
Total administrative$18,476
The Patterson & Sheridan, LLP 401(k) match · 2024
Employer contribution per active participant$14,102
Median for plans this size$2,416
2024$14,102 per active participant
2023$12,078 per active participant
2022$11,205 per active participant

Patterson & Sheridan, LLP's 2024 employer contribution ran above the $2,416 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20245
STANCORP FINANCIAL GROUP, INC. · Claims processing · Recordkeeping$40,490
KESTRA ADVISORY SERVICES · Investment advisory (plan)$41,366
ASSUREDPARTNERS INVESTMENT ADVISORS · Investment advisory (plan)$15,378
ECONOMIC GROUP PENSION SERVICES · Contract administratorindirect comp
TOTAL SCHWAB · Custodial (securities)indirect comp

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$18,476 · 0.04%
2023$8,583 · 0.02%
2022$7,819 · 0.02%
Same employer
Similar plansProfessional & Technical Services · Texas
Ryder Scott Company, L.P. TX$54.2M · 0.02%
Gray Reed & McGraw LLP TX$54.1M · 0.06%
Absolute Software, Inc. TX$53.7M · 0.07%
Castle Biosciences Inc TX$52.9M · 0.25%
July Business Services TX$52.9M · 1.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 223340889 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.