Plan Ledger DOL Form 5500 · updated monthly

Professional Contract Services, Inc.401(k)

PROFESSIONAL CONTRACT SERVICES, INC. RETIREMENT SAVINGS PLAN · AUSTIN, TX · plan year 2024

Reported admin expense ratio · 2024
0.50%

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

Professional Contract Services, Inc. reported $268,085 in plan administrative expenses for 2024: 0.50% of average plan assets, higher than ~90% of peers. Employer contributions averaged $3,505 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 0.50%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other transportation & warehousing employers. By assets it is the 953rd-largest of 5,688 plans among Texas employers on file, and the 352nd of 2,677 in transportation & warehousing. In 2024, the employer put in $2.76 for every $1.00 employees contributed themselves; active participation has grown from 1,512 to 2,033 since 2022.

Plan summary
Net assets, end of year$57,842,478
Participants with balances1,853
Active participants2,033
Employer contributions$7,125,097
Employee contributions$2,576,965
Employer contribution per active participant$3,505
Average account balance$31,216
Benefits paid to participants$7,018,335
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$57.8M · 1,853 accts · $7.1M emplr
2023$48.9M · 1,549 accts · $6.2M emplr
2022$39.4M · 1,557 accts · $5.3M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$268,085
Total administrative$268,085
The Professional Contract Services, Inc. 401(k) match · 2024
Employer contribution per active participant$3,505
Median for plans this size$3,635
2024$3,505 per active participant
2023$4,084 per active participant
2022$3,524 per active participant

Professional Contract Services, Inc.'s 2024 employer contribution ran below the $3,635 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20243
TRANSAMERICA RETIREMENT SOLUTIONS · Recordkeeping · Loan processing$219,090
NOVA 401(K) ASSOCIATES LP · Recordkeeping · Loan processing$48,995
PENSIONMARK SECURITIES, LLC · Insurance broker · Insurance servicesindirect comp

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

Recordkeeper by year2
2024NOVA 401(K) ASSOCIATES LP, Transamerica
2023NOVA 401(K) ASSOCIATES LP, Transamerica

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$268,085 · 0.50%
2023$231,601 · 0.52%
2022$205,697 · 0.49%
Same employer
Similar plansTransportation & Warehousing · Texas
Tidewater Inc. TX$77.6M · 0.05%
Pearce Industries, Inc. TX$73.1M · 0.34%
Greyhound Lines, Inc. TX$55.4M · 0.23%
Lbc Houston L.P. TX$50.9M · 0.48%
Omni Logistics, LLC TX$50.6M · 0.42%
Mv Transportation, Inc. TX$41.2M · 0.70%

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Source: U.S. Department of Labor, Form 5500 series, EIN 742786094 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.