Plan Ledger DOL Form 5500 · updated monthly

Piping Technology & Products, Inc.401(k)

PIPING TECHNOLOGY & PRODUCTS, INC. 401(K) SAVINGS PLAN · HOUSTON, TX · plan year 2024

Reported admin expense ratio · 2024
0.00%

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

Piping Technology & Products, Inc. reported $125 in plan administrative expenses for 2024: 0.00% of average plan assets, lower than ~75% of peers. Employer contributions averaged $120 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 0.07% to 0.00%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Texas (3,242nd of 5,688), and 9,304th of 13,661 in manufacturing. In 2024, employees put in $11.38 for every $1.00 the employer contributed; active participation has grown from 326 to 511 since 2022.

Plan summary
Net assets, end of year$8,846,603
Participants with balances176
Active participants511
Employer contributions$61,309
Employee contributions$697,892
Employer contribution per active participant$120
Average account balance$50,265
Benefits paid to participants$595,943
Plan auditUnmodified (clean) audit opinion
AuditorBROUSSARD & COMPANY
Plan history3
Yearassets · accounts · employer contribution
2024$8.8M · 176 accts · $61K emplr
2023$7.6M · 165 accts · $14K emplr
2022$6.5M · 171 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$125
Total administrative$125
The Piping Technology & Products, Inc. 401(k) match · 2024
Employer contribution per active participant$120
Median for plans this size$1,313
2024$120 per active participant
2023$43 per active participant

Piping Technology & Products, Inc.'s 2024 employer contribution ran below the $1,313 median for plans its size, in the bottom 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 · 20241

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$125 · 0.00%
2023$175 · 0.00%
2022$5,025 · 0.07%
Same employer
Similar plansManufacturing · Texas
Staley Steele LLC TX$9.0M · 0.14%
Teasdale Foods Inc. TX$9.0M · 0.58%
Swiss-American Cdmo, LLC TX$8.7M · 0.76%

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Source: U.S. Department of Labor, Form 5500 series, EIN 741986666 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.