Plan Ledger DOL Form 5500 · updated monthly

Professional Turf Products, LP401(k)

PROFESSIONAL TURF PRODUCTS, LP 401(K) PLAN · EULESS, TX · plan year 2024

Reported admin expense ratio · 2024
0.03%

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

Professional Turf Products, LP reported $4,254 in plan administrative expenses for 2024: 0.03% of average plan assets, lower than ~75% of peers. Employer contributions averaged $4,097 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 2 years on file its reported administrative ratio fell from 0.06% to 0.03%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other wholesale trade employers. By assets it is the 2,410th-largest of 5,688 plans among Texas employers on file, and 2,347th of 4,246 in wholesale trade. In 2024, employees put in $1.24 for every $1.00 the employer contributed; active participation has grown from 100 to 112 since 2022.

Plan summary
Net assets, end of year$15,198,803
Participants with balances118
Active participants112
Employer contributions$458,829
Employee contributions$569,675
Employer contribution per active participant$4,097
Average account balance$128,803
Benefits paid to participants$1,421,250
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$15.2M · 118 accts · $459K emplr
2023$13.3M · 105 accts · $360K emplr
2022$11.3M · 104 accts · $338K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$1,150
Investment management$3,104
Total administrative$4,254
The Professional Turf Products, LP 401(k) match · 2024
Employer contribution per active participant$4,097
Median for plans this size$2,416
2024$4,097 per active participant
2023$3,367 per active participant
2022$3,383 per active participant

Professional Turf Products, LP's 2024 employer contribution ran above the $2,416 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 · 20241
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$1,150

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$4,254 · 0.03%
2023$6,491 · 0.05%
2022$7,315 · 0.06%
Same employer
Similar plansWholesale Trade · Texas
Aviva Metals, Inc. TX$15.6M · 0.07%
Hugh M. Cunningham, Inc. TX$15.5M · 0.30%
Wrist North America Inc. TX$15.1M · 0.40%
FISHER59, LLC TX$14.8M · 0.32%

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Source: U.S. Department of Labor, Form 5500 series, EIN 061664252 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.