Plan Ledger DOL Form 5500 · updated monthly

Pearce Industries, Inc.401(k)

PEARCE INDUSTRIES, INC. 401(K) RETIREMENT AND SAVINGS PLAN · HOUSTON, TX · plan year 2024

Reported admin expense ratio · 2024
0.34%

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

Pearce Industries, Inc. reported $234,059 in plan administrative expenses for 2024: 0.34% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,361 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 0.30% to 0.34%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other transportation & warehousing employers. By assets it is the 815th-largest of 5,688 plans among Texas employers on file, and the 299th of 2,677 in transportation & warehousing. In 2024, employees put in $1.60 for every $1.00 the employer contributed; active participation has grown from 773 to 1,076 since 2022.

Plan summary
Net assets, end of year$73,090,462
Participants with balances1,191
Active participants1,076
Employer contributions$2,540,297
Employee contributions$4,071,872
Employer contribution per active participant$2,361
Average account balance$61,369
Benefits paid to participants$4,238,648
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$73.1M · 1,191 accts · $2.5M emplr
2023$63.6M · 1,022 accts · $3.3M emplr
2022$51.1M · 825 accts · $3.7M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$42,271
Investment management$190,288
Audit (IQPA)$1,500
Total administrative$234,059
The Pearce Industries, Inc. 401(k) match · 2024
Employer contribution per active participant$2,361
Median for plans this size$3,635
2024$2,361 per active participant
2023$3,168 per active participant
2022$4,760 per active participant

Pearce Industries, Inc.'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 · 20244
EMPOWER ADVISORY GROUP, LLC · Investment management$131,286
WORLD INVESTMENT ADVISORS LLC · Investment advisory (plan)$59,002
MELTON & MELTON LLP · Accounting / audit$1,500

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$234,059 · 0.34%
2023$194,965 · 0.34%
2022$162,533 · 0.30%
Same employer
Similar plansTransportation & Warehousing · Texas
Tidewater Inc. TX$77.6M · 0.05%
Greyhound Lines, Inc. TX$55.4M · 0.23%

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Source: U.S. Department of Labor, Form 5500 series, EIN 741892795 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.