Plan Ledger DOL Form 5500 · updated monthly

Sli Enterprises, Inc.401(k)

SLI ENTERPRISES 401(K) PROFIT SHARING PLAN · MESQUITE, TX · plan year 2023

Reported admin expense ratio · 2023
0.72%

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

Sli Enterprises, Inc. reported $32,896 in plan administrative expenses for 2023: 0.72% of average plan assets, above the peer median. Employer contributions averaged $466 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 0.66% to 0.70%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other accommodation & food services employers. By assets it is among the smaller plans on file in Texas (4,060th of 5,688), and the 887th of 2,240 in accommodation & food services. In 2023, the employer put in $1.27 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$4,970,734
Participants with balances557
Active participants536
Employer contributions$250,000
Employee contributions$196,492
Employer contribution per active participant$466
Average account balance$8,924
Benefits paid to participants$191,946
Plan auditUnmodified (clean) audit opinion
AuditorGARRETY & ASSOCIATES, LLC
Plan history3
Yearassets · accounts · employer contribution
2024$4.1M · 592 accts · $175K emplr
2023$5.0M · 557 accts · $250K emplr
2022$4.1M · 548 accts · $225K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$9,820
Investment management$23,076
Total administrative$32,896
The Sli Enterprises, Inc. 401(k) match · 2023
Employer contribution per active participant$466
Median for plans this size$1,308
2024$442 per active participant
2023$466 per active participant
2022$447 per active participant

Sli Enterprises, Inc.'s 2023 employer contribution ran below the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20232
NATIONWIDE · Recordkeeping · Custodial (securities)$48,072
CECILCO · Contract administrator · Pension consulting$9,542

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

Recordkeeper by year2
2024Nationwide
2023Nationwide

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

Administrative cost history3
2024$31,973 · 0.70%
2023$32,896 · 0.72%
2022$29,754 · 0.66%
Same employer
Similar plansAccommodation & Food Services · Texas
Casa Rio, Inc. TX$5.7M · 1.17%
Mtc Inc. TX$5.7M · 1.21%
Prism Hospitality LP TX$5.2M · 0.56%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 751891968 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.