Plan Ledger DOL Form 5500 · updated monthly

Schoeller Bleckmann America, Inc.401(k)

SBA 401(K) PLAN · HOUSTON, TX · plan year 2024

Reported admin expense ratio · 2024
0.48%

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

Schoeller Bleckmann America, Inc. reported $179,498 in plan administrative expenses for 2024: 0.48% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,429 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 0.40% to 0.48%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 1,231st-largest of 5,688 plans among Texas employers on file, and the 3,649th of 13,661 in manufacturing. In 2024, employees put in $3.38 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$40,431,718
Participants with balances679
Active participants629
Employer contributions$898,811
Employee contributions$3,034,503
Employer contribution per active participant$1,429
Average account balance$59,546
Benefits paid to participants$2,496,655
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$40.4M · 679 accts · $899K emplr
2023$34.5M · 640 accts · $927K emplr
2022$28.3M · 584 accts · $738K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$160,548
Audit (IQPA)$17,902
Total administrative$179,498
The Schoeller Bleckmann America, Inc. 401(k) match · 2024
Employer contribution per active participant$1,429
Median for plans this size$2,416
2024$1,429 per active participant
2023$1,513 per active participant
2022$1,279 per active participant

Schoeller Bleckmann America, Inc.'s 2024 employer contribution ran below the $2,416 median for plans its size. 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 · 20244
BKS FINANCIAL INVESTMENTS LLC · Investment advisory (plan)$70,878
WEAVER AND TIDWELL, LLP · Accounting / audit$17,903
HOLZKNECHT UMALI INC · Contract administrator$12,533

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$179,498 · 0.48%
2023$136,527 · 0.44%
2022$119,675 · 0.40%
Same employer
Similar plansManufacturing · Texas
Bishop Employee Company LLC TX$42.2M · 0.21%
New Process Steel, L.P. TX$40.6M · 0.26%
Lgc Employeeco, LLC TX$40.4M · 0.07%
Inovar Packaging Group, LLC TX$40.3M · 0.55%
Orora Visual, LLC TX$40.0M · 0.09%

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Source: U.S. Department of Labor, Form 5500 series, EIN 510332482 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.