Prime Natural Resources, Inc.401(k)
FLEXSTEEL PIPELINE TECHNOLOGIES, INC. 401(K) PROFIT SHARING PLAN AND TRUST · HOUSTON, TX · plan year 2022
Peer grade: B · admin costs + employer contributions vs same-size plans · how grading works
Prime Natural Resources, Inc. reported $89,331 in plan administrative expenses for 2022: 0.31% of average plan assets, above the peer median. Employer contributions averaged $2,954 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 0.31% to 0.46%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,806 comparable plans and shown alongside other management of companies employers. By assets it is the 1,644th-largest of 5,688 plans among Texas employers on file, and the 381st of 786 in management of companies. In 2022, employees put in $2.00 for every $1.00 the employer contributed.
Prime Natural Resources, Inc.'s 2022 employer contribution ran above the $2,266 median for plans its size. 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.
Annual cost at the plan's reported 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.
Why are you looking at this plan?
Source: U.S. Department of Labor, Form 5500 series, EIN 721052561 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.