Plan Ledger DOL Form 5500 · updated monthly

Savcop, LTD401(k)

THE SAVCOP, LTD. 401(K) PLAN · IRVING, TX · plan year 2023

Reported admin expense ratio · 2023
0.22%

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

Savcop, LTD reported $11,443 in plan administrative expenses for 2023: 0.22% of average plan assets, below the peer median. Employer contributions averaged $286 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 0.221%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other retail trade employers. By assets it is among the smaller plans on file in Texas (3,890th of 5,688), and 3,576th of 5,215 in retail trade. In 2023, employees put in $2.00 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$5,680,115
Participants with balances128
Active participants300
Employer contributions$85,853
Employee contributions$172,039
Employer contribution per active participant$286
Average account balance$44,376
Benefits paid to participants$62,962
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$5.1M · 123 accts · $80K emplr
2023$5.7M · 128 accts · $86K emplr
2022$4.8M · 127 accts · $88K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$11,443
Total administrative$11,443
The Savcop, LTD 401(k) match · 2023
Employer contribution per active participant$286
Median for plans this size$1,308
2024$302 per active participant
2023$286 per active participant
2022$292 per active participant

Savcop, LTD's 2023 employer contribution ran below the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20231
AXA EQUITABLE LIFE INSURANCE CO · Recordkeeping · Trustee (directed)$11,519

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

Recordkeeper by year2
2024AXA EQUITABLE LIFE INSURANCE CO
2023AXA EQUITABLE LIFE INSURANCE CO

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$11,936 · 0.22%
2023$11,443 · 0.22%
2022$11,208 · 0.22%
Similar plansRetail Trade · Texas
Bering Home Center, Inc. TX$5.8M · 0.64%
Gibson Sales, LP TX$5.8M · 0.00%
Ed Hicks Imports TX$5.7M · 0.41%
Triple R Brothers, LTD TX$5.4M · 0.56%
Benny Boyd, LTD. TX$5.4M · 0.14%

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Source: U.S. Department of Labor, Form 5500 series, EIN 352183715 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.