Plan Ledger DOL Form 5500 · updated monthly

Resource Care401(k)

RESOURCE CARE 401(K) PLAN · ALBANY, TX · plan year 2024

Reported admin expense ratio · 2024
1.82%

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

Resource Care reported $52,594 in plan administrative expenses for 2024: 1.82% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,464 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 1 year on file its reported administrative ratio fell from 2.07% to 1.82%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other other services employers. By assets it is among the smaller plans on file in Texas (4,551st of 5,688), and 2,641st of 3,341 in other services. In 2024, employees put in $1.54 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$3,126,340
Participants with balances99
Active participants117
Employer contributions$171,334
Employee contributions$263,649
Employer contribution per active participant$1,464
Average account balance$31,579
Benefits paid to participants$237,318
Plan auditUnmodified (clean) audit opinion
AuditorPARK FOWLER & CO., PLLC
Plan history2
Yearassets · accounts · employer contribution
2024$3.1M · 99 accts · $171K emplr
2023$2.6M · 110 accts · $108K emplr
Administrative expenses, itemized · 2024
Investment management$52,594
Total administrative$52,594
The Resource Care 401(k) match · 2024
Employer contribution per active participant$1,464
Median for plans this size$1,313
2024$1,464 per active participant
2023$987 per active participant

Resource Care's 2024 employer contribution ran above 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 · 20246
PCS RETIREMENT LLC · Recordkeeping · Valuation$52,170
LPLFINANCIAL LLC · Investment advisory (plan) · Investment management$89,963
ADMIN316 · Investment advisory (plan)indirect comp
STRATEGIC WEALTH MANAGEMENT · Investment advisory (plan)indirect comp
BENEFITEXCEL LLC · Investment advisory (plan)indirect comp
PARK FOWLER & CO., PLLC · Accounting / auditindirect comp

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

Recordkeeper by year2
2024PCS Retirement
2023PCS Retirement

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Administrative cost history2
2024$52,594 · 1.82%
2023$48,534 · 2.07%
All plans at this employer2
RESOURCECARE 401(K) PROFIT SHARING PLAN & TRUSTProfit-sharing plan
RESOURCE CARE 401(K) PLAN401(k)
Same employer
Similar plansOther Services · Texas
Anderton Group II, LTD. TX$3.4M · 1.09%
Texas Curb Cut, L.P. TX$3.3M · 0.30%
Spark Power (USA) Corp TX$2.9M · 1.07%

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Source: U.S. Department of Labor, Form 5500 series, EIN 752541970 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.