Plan Ledger DOL Form 5500 · updated monthly

Sellmark Corporation401(k)

SELLMARK CORPORATION 401(K) PLAN · MANSFIELD, TX · plan year 2024

Reported admin expense ratio · 2024
0.96%

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

Sellmark Corporation reported $30,736 in plan administrative expenses for 2024: 0.96% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,305 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other wholesale trade employers. By assets it is among the smaller plans on file in Texas (4,410th of 5,688), and 3,851st of 4,246 in wholesale trade. In 2024, employees put in $3.11 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$3,626,897
Participants with balances146
Active participants143
Employer contributions$186,547
Employee contributions$580,933
Employer contribution per active participant$1,305
Average account balance$24,842
Benefits paid to participants$270,555
Plan auditQualified audit opinion
AuditorWHITLEY PENN
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$30,736
Total administrative$30,736
The Sellmark Corporation 401(k) match · 2024
Employer contribution per active participant$1,305
Median for plans this size$1,313

Sellmark Corporation's 2024 employer contribution ran below the $1,313 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 · 20242
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$30,736
SCHULZ WEALTH, LTD. · Investment advisory (plan)indirect comp

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

Administrative cost history1
2024$30,736 · 0.96%
Same employer
Similar plansWholesale Trade · Texas
Mooreco Inc. TX$4.1M · 0.87%
Treecon Resources, Inc. TX$3.6M · 0.08%
Usgb, LLC TX$3.6M · 0.08%

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Source: U.S. Department of Labor, Form 5500 series, EIN 752912874 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.