Plan Ledger DOL Form 5500 · updated monthly

Service Experts LLC401(k)

SERVICE EXPERTS LLC 401(K) PLAN · RICHARDSON, TX · plan year 2024

Reported admin expense ratio · 2024
0.23%

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

Service Experts LLC reported $306,402 in plan administrative expenses for 2024: 0.23% of average plan assets, above the peer median. Employer contributions averaged $1,386 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 fell from 0.26% to 0.23%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other construction employers. By assets it is the 473rd-largest of 5,688 plans among Texas employers on file, and the 443rd of 5,337 in construction. In 2024, employees put in $3.47 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$151,787,733
Participants with balances6,236
Active participants3,811
Employer contributions$5,282,301
Employee contributions$18,349,231
Employer contribution per active participant$1,386
Average account balance$24,341
Benefits paid to participants$21,453,708
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$151.8M · 6,236 accts · $5.3M emplr
2023$120.4M · 4,660 accts · $3.3M emplr
2022$97.1M · 4,464 accts · $2.8M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$228,938
Investment management$56,989
Audit (IQPA)$20,475
Total administrative$306,402
The Service Experts LLC 401(k) match · 2024
Employer contribution per active participant$1,386
Median for plans this size$3,635
2024$1,386 per active participant
2023$897 per active participant
2022$700 per active participant

Service Experts LLC's 2024 employer contribution ran below the $3,635 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 · 20244
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$228,938
MERRILL LYNCH PIERCE FENNER & SMIT · Investment advisory (plan)$45,000
BAKER TILLY US, LLP · Accounting / audit$20,475
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$11,989

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$306,402 · 0.23%
2023$313,567 · 0.29%
2022$274,407 · 0.26%
Same employer
Similar plansConstruction · Texas
Meriton, LLC TX$168.4M · 0.16%
South Central Annuity Fund TX$141.5M · 0.64%
Modec International, Inc. TX$128.9M · 0.24%

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Source: U.S. Department of Labor, Form 5500 series, EIN 621639453 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.