Plan Ledger DOL Form 5500 · updated monthly

Powerhouse Retail Services, LLC401(k)

POWERHOUSE RETAIL SERVICES 401(K) PLAN · CROWLEY, TX · plan year 2023

Reported admin expense ratio · 2023
0.37%

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

Powerhouse Retail Services, LLC reported $96,893 in plan administrative expenses for 2023: 0.37% of average plan assets, above the peer median. Employer contributions averaged $687 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 3 years on file its reported administrative ratio has held roughly steady near 0.413%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other professional & technical services employers. By assets it is the 1,658th-largest of 5,688 plans among Texas employers on file, and the 4,481st of 11,654 in professional & technical services. In 2023, employees put in $5.22 for every $1.00 the employer contributed; active participation has shrunk from 795 to 702 since 2022.

Plan summary
Net assets, end of year$27,121,796
Participants with balances591
Active participants702
Employer contributions$482,521
Employee contributions$2,519,273
Employer contribution per active participant$687
Average account balance$45,891
Benefits paid to participants$6,535,665
Plan auditUnmodified (clean) audit opinion
AuditorKHA ACCOUNTANTS, PLLC
Plan history3
Yearassets · accounts · employer contribution
2024$25.7M · 579 accts · $344K emplr
2023$27.1M · 591 accts · $483K emplr
2022$25.5M · 619 accts · $443K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$41,224
Investment management$55,669
Total administrative$96,893
The Powerhouse Retail Services, LLC 401(k) match · 2023
Employer contribution per active participant$687
Median for plans this size$2,440
2024$471 per active participant
2023$687 per active participant
2022$558 per active participant

Powerhouse Retail Services, LLC's 2023 employer contribution ran below the $2,440 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20234
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$41,224
CREATIVE PLANNING LLC · Investment advisory (plan)$32,772
LOCKTON INVESTMENT ADVISORS · Investment advisory (plan)$16,568
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$6,329

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$109,129 · 0.41%
2023$96,893 · 0.37%
2022$105,656 · 0.41%
Same employer
Similar plansProfessional & Technical Services · Texas
Fmc Services, LLC TX$27.7M · 0.50%
Shiftkey, LLC TX$27.5M · 0.07%
Brunel Energy, Inc. TX$27.3M · 0.50%
Cantey Hanger LLP TX$27.0M · 0.09%
Cooper & Scully, P.C. TX$26.9M · 0.02%
Saipem America, Inc. TX$26.5M · 0.45%
M & H Enterprises, Inc. TX$26.5M · 0.09%

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Source: U.S. Department of Labor, Form 5500 series, EIN 260761398 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.