Plan Ledger DOL Form 5500 · updated monthly

Apex Fintech Services LLC401(k)

APEX FINTECH SERVICES 401(K) PLAN · DALLAS, TX · plan year 2024

Reported admin expense ratio · 2024
0.01%

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

Apex Fintech Services LLC reported $8,860 in plan administrative expenses for 2024: 0.01% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,859 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 0.05% to 0.01%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other finance & insurance employers. By assets it is the 762nd-largest of 5,688 plans among Texas employers on file, and the 1,185th of 4,798 in finance & insurance. In 2024, employees put in $4.06 for every $1.00 the employer contributed; active participation has grown from 648 to 761 since 2022.

Plan summary
Net assets, end of year$79,791,633
Participants with balances892
Active participants761
Employer contributions$2,175,767
Employee contributions$8,835,874
Employer contribution per active participant$2,859
Average account balance$89,453
Benefits paid to participants$7,721,925
Plan auditUnmodified (clean) audit opinion
AuditorRSM US LLP
Plan history3
Yearassets · accounts · employer contribution
2024$79.8M · 892 accts · $2.2M emplr
2023$64.7M · 824 accts · $1.9M emplr
2022$48.6M · 776 accts · $1.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$8,860
Total administrative$8,860
The Apex Fintech Services LLC 401(k) match · 2024
Employer contribution per active participant$2,859
Median for plans this size$3,635
2024$2,859 per active participant
2023$2,704 per active participant
2022$1,720 per active participant

Apex Fintech Services LLC's 2024 employer contribution ran below 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 · 20241
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$8,860

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$8,860 · 0.01%
2023Not separately reported
2022$22,455 · 0.05%
Similar plansFinance & Insurance · Texas
Veritex Community Bank TX$84.0M · 0.04%
Southside Bancshares, Inc. TX$82.0M · 0.11%
The Rosewood Corporation TX$79.4M · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 872510069 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.