Plan Ledger DOL Form 5500 · updated monthly

Saulsbury Industries, Inc.401(k)

SAULSBURY INDUSTRIES, INC. EMPLOYEE 401(K) PLAN · ODESSA, TX · plan year 2024

Reported admin expense ratio · 2024
0.34%

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

Saulsbury Industries, Inc. reported $159,282 in plan administrative expenses for 2024: 0.34% of average plan assets, above the peer median. Employer contributions averaged $1,057 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 0.38% to 0.34%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other construction employers. By assets it is the 1,038th-largest of 5,688 plans among Texas employers on file, and the 1,036th of 5,337 in construction. In 2024, employees put in $1.87 for every $1.00 the employer contributed; active participation has grown from 1,246 to 2,605 since 2022.

Plan summary
Net assets, end of year$51,162,924
Participants with balances1,028
Active participants2,605
Employer contributions$2,752,401
Employee contributions$5,157,216
Employer contribution per active participant$1,057
Average account balance$49,769
Benefits paid to participants$4,381,510
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$51.2M · 1,028 accts · $2.8M emplr
2023$41.9M · 945 accts · $2.2M emplr
2022$35.4M · 884 accts · $1.5M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$109,945
Investment management$49,337
Total administrative$159,282
The Saulsbury Industries, Inc. 401(k) match · 2024
Employer contribution per active participant$1,057
Median for plans this size$2,416
2024$1,057 per active participant
2023$1,804 per active participant
2022$1,200 per active participant

Saulsbury Industries, Inc.'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
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$109,945
PRIME CAPITAL INVESTMENT ADVISORS · Investment advisory (plan)$32,500
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$16,837

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$159,282 · 0.34%
2023$141,075 · 0.36%
2022$149,801 · 0.38%
Same employer
Similar plansConstruction · Texas
Tellepsen Corporation TX$55.8M · 0.05%
Sunnova Energy Corporation TX$53.7M · 0.66%
Humphrey & Associates Inc. TX$49.4M · 0.43%

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Source: U.S. Department of Labor, Form 5500 series, EIN 752969084 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.