Plan Ledger DOL Form 5500 · updated monthly

Scott & Associates PC401(k)

SCOTT & ASSOCIATES PC RETIREMENT PLAN · CAROLLTON, TX · plan year 2024

Reported admin expense ratio · 2024
1.55%

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

Scott & Associates PC reported $41,345 in plan administrative expenses for 2024: 1.55% of average plan assets, higher than ~90% of peers. Employer contributions averaged $95 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 0.88% to 1.55%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Texas (4,596th of 5,688), and 10,556th of 11,654 in professional & technical services. In 2024, employees put in $21.09 for every $1.00 the employer contributed; active participation has grown from 201 to 232 since 2022.

Plan summary
Net assets, end of year$2,957,793
Participants with balances195
Active participants232
Employer contributions$21,945
Employee contributions$462,742
Employer contribution per active participant$95
Average account balance$15,168
Benefits paid to participants$356,704
Plan auditUnmodified (clean) audit opinion
AuditorD.K. WEISS, HOLT & ASSOCIATES, PLLC
Plan history3
Yearassets · accounts · employer contribution
2024$3.0M · 195 accts · $22K emplr
2023$2.4M · 267 accts · $147K emplr
2022$1.6M · 221 accts · $242K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$41,345
Total administrative$41,345
The Scott & Associates PC 401(k) match · 2024
Employer contribution per active participant$95
Median for plans this size$1,313
2024$95 per active participant
2023$658 per active participant
2022$1,206 per active participant

Scott & Associates PC's 2024 employer contribution ran below the $1,313 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 · 20241
JOHN HANCOCK LIFE INSURANCE COMPANY · Recordkeeping · Investment management$5,313

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

Recordkeeper by year2
2024John Hancock
2023John Hancock

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

Administrative cost history3
2024$41,345 · 1.55%
2023$20,103 · 1.01%
2022$12,678 · 0.88%
Same employer
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Akorbi Inc. TX$3.1M · 0.45%
Talkwalker, Inc. TX$3.1M · 0.69%
Cariloop TX$3.1M · 1.10%
Delta Delta Delta TX$3.1M · 0.80%
Sourceday, Inc. TX$2.9M · 0.19%
The 20, LLC TX$2.8M · 0.10%
Austin Csi, LLC TX$2.8M · 0.52%

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Source: U.S. Department of Labor, Form 5500 series, EIN 752880389 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.