Plan Ledger DOL Form 5500 · updated monthly

Property Damage Appraisers Inc401(k)

PROPERTY DAMAGE APPRAISERS, INC. 401(K) PLAN · IRVING, TX · plan year 2022

Reported admin expense ratio · 2022
0.36%

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

Property Damage Appraisers Inc reported $19,784 in plan administrative expenses for 2022: 0.36% of average plan assets, below the peer median. Employer contributions averaged $4,531 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 $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 (3,931st of 5,688), and 9,593rd of 11,654 in professional & technical services. In 2022, employees put in $1.29 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$5,510,195
Participants with balances115
Active participants134
Employer contributions$607,129
Employee contributions$785,258
Employer contribution per active participant$4,531
Average account balance$47,915
Benefits paid to participants$408,338
Plan auditUnmodified (clean) audit opinion
AuditorKATZ,SAPPER & MILLER, LLP
Plan history2
Yearassets · accounts · employer contribution
2023$0 · $506K emplr
2022$5.5M · 115 accts · $607K emplr
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$13,031
Investment management$6,753
Total administrative$19,784
The Property Damage Appraisers Inc 401(k) match · 2022
Employer contribution per active participant$4,531
Median for plans this size$1,114

Property Damage Appraisers 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 history2
2023Not separately reported
2022$19,784 · 0.36%
Same employer
Similar plansProfessional & Technical Services · Texas
Digital Air Control, Inc. TX$5.5M · 0.05%
Powertherm Co Inc TX$5.5M · 0.01%
Srf Personnel, Inc. TX$5.5M · 0.70%
Minol, Inc. TX$5.5M · 0.47%

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Source: U.S. Department of Labor, Form 5500 series, EIN 751160563 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.