Plan Ledger DOL Form 5500 · updated monthly

Porter Hedges LLP401(k)

PORTER HEDGES EMPLOYEE CAPITAL ACCUMULATION PLAN · HOUSTON, TX · plan year 2024

Reported admin expense ratio · 2024
0.04%

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

Porter Hedges LLP reported $24,761 in plan administrative expenses for 2024: 0.04% of average plan assets, lower than ~75% of peers. Employer contributions averaged $13,563 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 0.04%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other professional & technical services employers. By assets it is the 876th-largest of 5,688 plans among Texas employers on file, and the 2,167th of 11,654 in professional & technical services. In 2024, the employer put in $1.03 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$66,331,089
Participants with balances171
Active participants142
Employer contributions$1,925,953
Employee contributions$1,869,638
Employer contribution per active participant$13,563
Average account balance$387,901
Benefits paid to participants$1,091,955
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$66.3M · 171 accts · $1.9M emplr
2023$59.2M · 175 accts · $1.3M emplr
2022$55.0M · 166 accts · $1.3M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$24,761
Total administrative$24,761
The Porter Hedges LLP 401(k) match · 2024
Employer contribution per active participant$13,563
Median for plans this size$3,635
2024$13,563 per active participant
2023$8,449 per active participant
2022$9,552 per active participant

Porter Hedges LLP's 2024 employer contribution ran above the $3,635 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 · 20241
T ROWE PRICE RPS INC · Recordkeeping · Trustee$24,761

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

Recordkeeper by year2
2024T. Rowe Price
2023T. Rowe Price, Vanguard

This plan has changed recordkeepers within these filings. If you left Porter Hedges LLP before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$24,761 · 0.04%
2023$40,173 · 0.07%
2022$45,441 · 0.07%
All plans at this employer2
PORTER HEDGES EMPLOYEE CAPITAL ACCUMULATION PLAN401(k)
PORTER HEDGES SALARY DEFERRAL 401(K) PLAN401(k)
Same employer
Similar plansProfessional & Technical Services · Texas
Axens North America, Inc. TX$67.5M · 0.13%
American Campus Communities TX$65.7M · 0.50%
Cp&Y, Inc. TX$65.4M · 0.02%
Upland Software, Inc. TX$65.2M · 0.42%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 742174193 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.