Plan Ledger DOL Form 5500 · updated monthly

Powertherm Co Inc401(k)

POWERTHERM CO INC 401(K) PROFIT SHARING PLAN & TRUST · HOUSTON, TX · plan year 2022

Reported admin expense ratio · 2022
0.01%

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

Powertherm Co Inc reported $486 in plan administrative expenses for 2022: 0.01% of average plan assets, lower than ~75% of peers. Employer contributions averaged $3,886 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 0.01% to 0.03%. The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Texas (3,923rd of 5,688), and 9,583rd of 11,654 in professional & technical services. In 2022, the employer put in $1.60 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$5,536,483
Participants with balances172
Active participants142
Employer contributions$551,868
Employee contributions$344,636
Employer contribution per active participant$3,886
Average account balance$32,189
Benefits paid to participants$51,636
Plan auditUnmodified (clean) audit opinion
AuditorDESROCHES PARTNERS
Plan history3
Yearassets · accounts · employer contribution
2024$0 · $11K emplr
2023$3.9M · 194 accts · $368K emplr
2022$5.5M · 172 accts · $552K emplr
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$486
Total administrative$486
The Powertherm Co Inc 401(k) match · 2022
Employer contribution per active participant$3,886
Median for plans this size$1,114
2023$2,227 per active participant
2022$3,886 per active participant

Powertherm Co Inc's 2022 employer contribution ran above the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history3
2024Not separately reported
2023$1,540 · 0.03%
2022$486 · 0.01%
Similar plansProfessional & Technical Services · Texas
Kazoo, Inc. TX$5.6M · 0.43%
Godwin Bowman PC TX$5.6M · 0.84%
Digital Air Control, Inc. TX$5.5M · 0.05%
Srf Personnel, Inc. TX$5.5M · 0.70%

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Source: U.S. Department of Labor, Form 5500 series, EIN 741586963 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.