Plan Ledger DOL Form 5500 · updated monthly

Phoenix Technology Services USA Inc.401(k)

PHOENIX TECHNOLOGY SERVICES 401(K) PLAN · HOUSTON, TX · plan year 2024

Reported admin expense ratio · 2024
0.38%

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

Phoenix Technology Services USA Inc. reported $100,658 in plan administrative expenses for 2024: 0.38% of average plan assets, above the peer median. Employer contributions averaged $5,105 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 0.24% to 0.38%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other mining, oil & gas extraction employers. By assets it is the 1,536th-largest of 5,688 plans among Texas employers on file, and the 243rd of 612 in mining, oil & gas extraction. In 2024, employees put in $1.53 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$30,251,062
Participants with balances410
Active participants510
Employer contributions$2,603,803
Employee contributions$3,995,186
Employer contribution per active participant$5,105
Average account balance$73,783
Benefits paid to participants$2,277,216
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2024$30.3M · 410 accts · $2.6M emplr
2023$22.1M · 382 accts · $2.2M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$53,243
Investment management$47,415
Total administrative$100,658
The Phoenix Technology Services USA Inc. 401(k) match · 2024
Employer contribution per active participant$5,105
Median for plans this size$2,416
2024$5,105 per active participant
2023$4,349 per active participant

Phoenix Technology Services USA Inc.'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 · 20242
FIDELITY WORKPLACE SERVICES LLC · Plan administrator · Trustee (discretionary)$53,242
WORLD INVESTMENT ADVISORS LLC · Investment advisory (plan)$47,415

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history2
2024$100,658 · 0.38%
2023$53,141 · 0.24%
Same employer
Similar plansMining, Oil & Gas Extraction · Texas
Txo Energy Gp TX$31.9M · 0.47%
Surge Operating, LLC TX$31.9M · 0.17%
Pason Systems USA Corp. TX$29.5M · 0.11%
Ecopetrol USA, Inc. TX$29.3M · 0.22%
Maguire Oil Company TX$28.7M · 0.22%
Primeenergy Corporation TX$27.4M · 0.15%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 760606716 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.