Plan Ledger DOL Form 5500 · updated monthly

S & B Industry Inc401(k)

S & B INDUSTRY INC 401(K) PLAN · FORT WORTH, TX · plan year 2024

Reported admin expense ratio · 2024
0.14%

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

S & B Industry Inc reported $8,514 in plan administrative expenses for 2024: 0.14% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,893 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 0.17% to 0.14%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other other services employers. By assets it is among the smaller plans on file in Texas (3,671st of 5,688), and 2,055th of 3,341 in other services. In 2024, employees put in $2.14 for every $1.00 the employer contributed; active participation has shrunk from 85 to 63 since 2022.

Plan summary
Net assets, end of year$6,697,817
Participants with balances107
Active participants63
Employer contributions$182,285
Employee contributions$390,169
Employer contribution per active participant$2,893
Average account balance$62,596
Benefits paid to participants$487,648
Plan auditUnmodified (clean) audit opinion
AuditorMAE CHOU
Plan history3
Yearassets · accounts · employer contribution
2024$6.7M · 107 accts · $182K emplr
2023$5.8M · 123 accts · $217K emplr
2022$4.8M · 130 accts · $240K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$2,040
Investment management$6,474
Total administrative$8,514
The S & B Industry Inc 401(k) match · 2024
Employer contribution per active participant$2,893
Median for plans this size$1,313
2024$2,893 per active participant
2023$2,899 per active participant
2022$2,829 per active participant

S & B Industry Inc's 2024 employer contribution ran above the $1,313 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
ADP, INC. · Loan processing · Recordkeeping$3,810
ADP BROKER-DEALERindirect 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
2024ADP
2023ADP, GALLAGHER BENEFIT SERVICES

This plan has changed recordkeepers within these filings. If you left S & B Industry Inc before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$8,514 · 0.14%
2023$8,534 · 0.16%
2022$8,903 · 0.17%
Similar plansOther Services · Texas
Vizza Wash, L.P. TX$7.0M · 0.58%
Radio Holland USA, Inc. TX$6.9M · 0.41%
Turrentine-Jackson-Morrow TX$6.7M · 0.48%
Frio Hospital Association TX$6.6M · 0.13%
The Fort Worth Club TX$6.5M · 0.07%

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Source: U.S. Department of Labor, Form 5500 series, EIN 381895876 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.