Plan Ledger DOL Form 5500 · updated monthly

Rug Doctor, LLC401(k)

RUG DOCTOR, LLC 401(K) RETIREMENT PLAN · PLANO, TX · plan year 2024

Reported admin expense ratio · 2024
0.29%

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

Rug Doctor, LLC reported $47,606 in plan administrative expenses for 2024: 0.29% of average plan assets, below the peer median. Employer contributions averaged $589 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 0.29%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other other services employers. By assets it is the 2,180th-largest of 5,688 plans among Texas employers on file, and the 1,140th of 3,341 in other services. In 2024, employees put in $3.50 for every $1.00 the employer contributed; active participation has grown from 347 to 413 since 2022.

Plan summary
Net assets, end of year$17,830,418
Participants with balances274
Active participants413
Employer contributions$243,450
Employee contributions$852,642
Employer contribution per active participant$589
Average account balance$65,075
Benefits paid to participants$1,401,838
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$17.8M · 274 accts · $243K emplr
2023$15.6M · 265 accts · $230K emplr
2022$13.6M · 270 accts · $261K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$3,010
Investment management$44,596
Total administrative$47,606
The Rug Doctor, LLC 401(k) match · 2024
Employer contribution per active participant$589
Median for plans this size$2,416
2024$589 per active participant
2023$640 per active participant
2022$753 per active participant

Rug Doctor, LLC's 2024 employer contribution ran below the $2,416 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20243
USI ADVISORS INC · Investment advisory (plan)$32,316
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$12,280
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$3,011

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$47,606 · 0.29%
2023$42,577 · 0.29%
2022$44,038 · 0.30%
Same employer
Similar plansOther Services · Texas
Brandon & Clark, Inc. TX$19.4M · 0.11%
Repairify, Inc. TX$17.6M · 0.48%
Mundy Service Corporation TX$17.5M · 0.14%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 261257115 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.