Plan Ledger DOL Form 5500 · updated monthly

Prince Minerals LLC401(k)

PRINCE 401K PLAN · HOUSTON, TX · plan year 2022

Reported admin expense ratio · 2022
0.06%

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

Prince Minerals LLC reported $41,273 in plan administrative expenses for 2022: 0.06% of average plan assets, below the peer median. Employer contributions averaged $4,483 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.

The plan sits in the $50M–$250M size bracket, benchmarked here against 9,341 comparable plans and shown alongside other manufacturing employers. By assets it is the 952nd-largest of 5,688 plans among Texas employers on file, and the 2,835th of 13,661 in manufacturing. In 2022, employees put in $1.45 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$57,879,399
Participants with balances606
Active participants470
Employer contributions$2,106,920
Employee contributions$3,047,788
Employer contribution per active participant$4,483
Average account balance$95,511
Benefits paid to participants$8,724,945
Plan auditUnmodified (clean) audit opinion
AuditorWEYRICH, CRONIN & SORRA
Plan history2
Yearassets · accounts · employer contribution
2023$0 · $1.1M emplr
2022$57.9M · 606 accts · $2.1M emplr
The Prince Minerals LLC 401(k) match · 2022
Employer contribution per active participant$4,483
Median for plans this size$3,449

Prince Minerals LLC's 2022 employer contribution ran above the $3,449 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.

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 history2
2023Not separately reported
2022$41,273 · 0.06%
Similar plansManufacturing · Texas
Atrion Corporation TX$63.0M · 0.29%
Ricetec, Inc. TX$58.1M · 0.15%
Econtrols, LLC TX$57.6M · 0.26%
Thermon, Inc. TX$57.6M · 0.22%
Merichem Company TX$54.6M · 0.07%

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Source: U.S. Department of Labor, Form 5500 series, EIN 432030518 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.