Plan Ledger DOL Form 5500 · updated monthly

Seatex LLC401(k)

SEATEX 401(K) PLAN · ROSENBERG, TX · plan year 2024

Reported admin expense ratio · 2024
0.03%

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

Seatex LLC reported $2,801 in plan administrative expenses for 2024: 0.03% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,649 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 0.02% to 0.03%. 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 among the smaller plans on file in Texas (2,958th of 5,688), and 8,476th of 13,661 in manufacturing. In 2024, employees put in $1.34 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$10,742,125
Participants with balances128
Active participants218
Employer contributions$577,467
Employee contributions$771,489
Employer contribution per active participant$2,649
Average account balance$83,923
Benefits paid to participants$1,094,449
Plan auditUnmodified (clean) audit opinion
AuditorMELTONANDMELTONLLP
Plan history2
Yearassets · accounts · employer contribution
2024$10.7M · 128 accts · $577K emplr
2022$7.0M · 85 accts · $261K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$2,801
Total administrative$2,801
The Seatex LLC 401(k) match · 2024
Employer contribution per active participant$2,649
Median for plans this size$2,416
2024$2,649 per active participant
2022$1,889 per active participant

Seatex LLC's 2024 employer contribution ran above 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 · 20241
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$2,801

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

Administrative cost history2
2024$2,801 · 0.03%
2022$1,638 · 0.02%
Same employer
Similar plansManufacturing · Texas
Ingenia Polymers, Inc. TX$11.1M · 0.44%
Jcm Industries, Inc. TX$10.7M · 0.28%
Wire Mesh Texas LLC TX$10.6M · 0.31%
Clock Spring Company, Inc. TX$10.5M · 0.33%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 824527098 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.