Plan Ledger DOL Form 5500 · updated monthly

Potter Holdings Inc401(k)

POTTER HOLDINGS, INC. 401K PLAN · IRVING, TX · plan year 2024

Reported admin expense ratio · 2024
0.71%

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

Potter Holdings Inc reported $135,282 in plan administrative expenses for 2024: 0.71% of average plan assets, higher than ~90% of peers. Employer contributions averaged $0 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 0.83% to 0.71%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other construction employers. By assets it is the 2,004th-largest of 5,688 plans among Texas employers on file, and the 1,993rd of 5,337 in construction. active participation has shrunk from 435 to 377 since 2022.

Plan summary
Net assets, end of year$20,365,800
Participants with balances272
Active participants377
Employer contributions$0
Employee contributions$1,636,474
Employer contribution per active participant$0
Average account balance$74,874
Benefits paid to participants$1,217,947
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$20.4M · 272 accts
2023$17.8M · 395 accts
2022$15.1M · 432 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$135,282
Total administrative$135,282
The Potter Holdings Inc 401(k) match · 2024
Employer contribution per active participant$0
Median for plans this size$2,416

Potter Holdings Inc's 2024 employer contribution ran below the $2,416 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 · 20243
AMERICAN TRUST CO. · Contract administrator · Recordkeeping$70,641
STRICKER TPA & ADVISORY LLC · Other services · Claims processing$64,641

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

Recordkeeper by year2
2024AMERICAN TRUST CO.
2023AMERICAN TRUST CO.

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Administrative cost history3
2024$135,282 · 0.71%
2023$130,203 · 0.79%
2022$133,118 · 0.83%
Similar plansConstruction · Texas
The Bosworth Company TX$21.3M · 0.82%
Cody Pools, Inc. TX$20.8M · 0.87%
Hellas Construction , Inc. TX$20.4M · 0.56%
Cec Electrical, Inc. TX$19.7M · 0.83%

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Source: U.S. Department of Labor, Form 5500 series, EIN 751868716 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.