Plan Ledger DOL Form 5500 · updated monthly

Salus Workers Compensation, LLC401(k)

SALUS WORKERS' COMP 401(K) PLAN · LEWISVILLE, TX · plan year 2024

Reported admin expense ratio · 2024
0.69%

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

Salus Workers Compensation, LLC reported $49,214 in plan administrative expenses for 2024: 0.69% of average plan assets, above the peer median. Employer contributions averaged $2,938 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 18,840 comparable plans and shown alongside other finance & insurance employers. By assets it is among the smaller plans on file in Texas (3,360th of 5,688), and 4,157th of 4,798 in finance & insurance. In 2024, employees put in $2.08 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$8,181,637
Participants with balances164
Active participants166
Employer contributions$487,679
Employee contributions$1,016,526
Employer contribution per active participant$2,938
Average account balance$49,888
Benefits paid to participants$640,766
Plan auditUnmodified (clean) audit opinion
AuditorJONES SIMPKINS LLC
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$49,214
Total administrative$49,214
The Salus Workers Compensation, LLC 401(k) match · 2024
Employer contribution per active participant$2,938
Median for plans this size$1,313

Salus Workers Compensation, LLC'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
OSAIC WEALTH, INC.indirect comp

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

Administrative cost history1
2024$49,214 · 0.69%
Same employer
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Texas Bank TX$8.7M · 0.18%
Wellington State Bank TX$8.3M · 0.44%
Texell Credit Union TX$8.1M · 0.73%
Texas National Bank TX$7.9M · 0.77%
Sure, Inc. TX$7.7M · 0.10%
First Community Bank TX$7.7M · 0.33%

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Source: U.S. Department of Labor, Form 5500 series, EIN 825344320 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.