Plan Ledger DOL Form 5500 · updated monthly

Rgv Properties, Inc.401(k)

RGV PROPERTIES, INC. EMPLOYEE 401-K PLAN · MCALLEN, TX · plan year 2023

Reported admin expense ratio · 2023
0.53%

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

Rgv Properties, Inc. reported $19,481 in plan administrative expenses for 2023: 0.53% of average plan assets, above the peer median. Employer contributions averaged $328 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 rose from 0.54% to 0.60%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other accommodation & food services employers. By assets it is among the smaller plans on file in Texas (4,392nd of 5,688), and the 1,070th of 2,240 in accommodation & food services. In 2023, employees put in $3.36 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$3,695,644
Participants with balances196
Active participants85
Employer contributions$27,903
Employee contributions$93,870
Employer contribution per active participant$328
Average account balance$18,855
Benefits paid to participants$482,708
Plan auditUnmodified (clean) audit opinion
AuditorCOLLIER JOHNSON & WOODS, P.C.
Plan history3
Yearassets · accounts · employer contribution
2024$3.5M · 205 accts · $33K emplr
2023$3.7M · 196 accts · $28K emplr
2022$3.6M · 207 accts · $31K emplr
Administrative expenses, itemized · 2023
Investment management$19,481
Total administrative$19,481
The Rgv Properties, Inc. 401(k) match · 2023
Employer contribution per active participant$328
Median for plans this size$1,308
2024$371 per active participant
2023$328 per active participant
2022$396 per active participant

Rgv Properties, Inc.'s 2023 employer contribution ran below the $1,308 median for plans its size, in the bottom 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20231
FROST BANK · Investment management$19,481

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$21,898 · 0.60%
2023$19,481 · 0.53%
2022$21,237 · 0.54%
Similar plansAccommodation & Food Services · Texas
6H Management LLC TX$3.8M · 1.04%
Pepi Corporation TX$3.8M · 1.39%
Highgate Hotels LLC TX$3.0M · 1.33%
C4 Pizza, LLC TX$2.9M · 0.74%

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Source: U.S. Department of Labor, Form 5500 series, EIN 742605793 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.