Plan Ledger DOL Form 5500 · updated monthly

Sally Beauty Holdings, Inc.401(k)

SALLY BEAUTY 401(K) AND PROFIT SHARING PLAN · DENTON, TX · plan year 2024

Reported admin expense ratio · 2024
0.09%

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

Sally Beauty Holdings, Inc. reported $263,006 in plan administrative expenses for 2024: 0.09% of average plan assets, above the peer median. Employer contributions averaged $398 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 0.01% to 0.09%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other retail trade employers. By assets it is the 295th-largest of 5,688 plans among Texas employers on file, and the 162nd of 5,215 in retail trade. In 2024, employees put in $1.75 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$294,094,895
Participants with balances5,528
Active participants18,644
Employer contributions$7,421,672
Employee contributions$12,982,777
Employer contribution per active participant$398
Average account balance$53,201
Benefits paid to participants$35,992,196
Plan auditUnmodified (clean) audit opinion
AuditorBDO USA,P.C
Plan history3
Yearassets · accounts · employer contribution
2024$294.1M · 5,528 accts · $7.4M emplr
2023$275.4M · 5,767 accts · $6.4M emplr
2022$245.8M · 6,186 accts · $6.7M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$195,506
Investment management$38,500
Audit (IQPA)$29,000
Total administrative$263,006
The Sally Beauty Holdings, Inc. 401(k) match · 2024
Employer contribution per active participant$398
Median for plans this size$4,294
2024$398 per active participant
2023$350 per active participant
2022$377 per active participant

Sally Beauty Holdings, Inc.'s 2024 employer contribution ran below the $4,294 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
EMPOWER ANNUITY INSURANCE COMPANY O · Recordkeeping · Loan processing$195,506
CREATIVE PLANNING HOLDCO LLC DBA CR · Investment advisory (plan)$38,500
BDO USA LLP · Accounting / audit$29,000

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024Empower
2023Empower

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Administrative cost history3
2024$263,006 · 0.09%
2023$477,967 · 0.18%
2022$39,594 · 0.01%
Same employer
Similar plansRetail Trade · Texas
Brookshire Holdings, Inc. TX$380.6M · 0.25%
Academy Sports & Outdoors TX$364.8M · 0.15%
Michaels Stores, Inc. TX$337.2M · 0.27%
Mattress Firm, Inc. TX$279.1M · 0.32%
Firstcash Holdings, Inc. TX$257.3M · 0.29%
Fleetpride, Inc. TX$187.0M · 0.31%

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Source: U.S. Department of Labor, Form 5500 series, EIN 362257936 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.