Plan Ledger DOL Form 5500 · updated monthly

Permian Basin Materials, LLC401(k)

PB MATERIALS, LLC RETIREMENT SAVINGS PLAN · ODESSA, TX · plan year 2024

Reported admin expense ratio · 2024
0.06%

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

Permian Basin Materials, LLC reported $7,482 in plan administrative expenses for 2024: 0.06% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,689 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 0.11% to 0.06%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other retail trade employers. By assets it is the 2,582nd-largest of 5,688 plans among Texas employers on file, and the 2,059th of 5,215 in retail trade. In 2024, employees put in $1.73 for every $1.00 the employer contributed; active participation has grown from 248 to 327 since 2022.

Plan summary
Net assets, end of year$13,643,816
Participants with balances347
Active participants327
Employer contributions$879,452
Employee contributions$1,521,809
Employer contribution per active participant$2,689
Average account balance$39,319
Benefits paid to participants$2,028,786
Plan auditUnmodified (clean) audit opinion
AuditorAPRIO LLP
Plan history3
Yearassets · accounts · employer contribution
2024$13.6M · 347 accts · $879K emplr
2023$11.5M · 351 accts · $827K emplr
2022$8.5M · 318 accts · $722K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$7,482
Total administrative$7,482
The Permian Basin Materials, LLC 401(k) match · 2024
Employer contribution per active participant$2,689
Median for plans this size$2,416
2024$2,689 per active participant
2023$3,052 per active participant
2022$2,910 per active participant

Permian Basin Materials, LLC's 2024 employer contribution ran above the $2,416 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$7,482

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$7,482 · 0.06%
2023$9,732 · 0.10%
2022$9,842 · 0.11%
Same employer
Similar plansRetail Trade · Texas
Rogers Ford Sales, Inc. TX$14.0M · 0.56%
G.E. Foodland, Inc. TX$13.9M · 0.04%
Shoppas Farm Supply Inc TX$13.9M · 0.06%
Twin Liquors, LP TX$13.5M · 0.82%

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Source: U.S. Department of Labor, Form 5500 series, EIN 901013711 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.