Plan Ledger DOL Form 5500 · updated monthly

Solidwood Forest401(k)

SOLIDWOOD FOREST 401(K) PROFIT SHARING PLAN & TRUST · WALLER, TX · plan year 2024

Reported admin expense ratio · 2024
1.01%

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

Solidwood Forest reported $31,005 in plan administrative expenses for 2024: 1.01% of average plan assets, higher than ~75% of peers. Employer contributions averaged $411 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 3 years on file its reported administrative ratio has held roughly steady near 1.01%. 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 (4,454th of 5,688), and 3,873rd of 4,246 in wholesale trade. In 2024, employees put in $3.44 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$3,461,831
Participants with balances221
Active participants219
Employer contributions$89,965
Employee contributions$309,739
Employer contribution per active participant$411
Average account balance$15,664
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2024$3.5M · 221 accts · $90K emplr
2022$1.9M · 85 accts · $90K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$15,875
Investment management$14,170
Trustee / custodial$960
Total administrative$31,005
The Solidwood Forest 401(k) match · 2024
Employer contribution per active participant$411
Median for plans this size$1,313
2024$411 per active participant
2022$476 per active participant

Solidwood Forest's 2024 employer contribution ran below the $1,313 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 · 20243
PAYCHEX, INC. · Recordkeeping$9,818
MERRILL LYNCH, PIERCE, FENNER · Investment advisory (plan)$14,170
ERISA FIDUCIARY SERVICES, INC. · Contract administrator$6,110

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$31,005 · 1.01%
2022$19,850 · 0.99%
Similar plansWholesale Trade · Texas
Treecon Resources, Inc. TX$3.6M · 0.08%
Usgb, LLC TX$3.6M · 0.08%
Bluebonnet Foods, L.P. TX$3.3M · 1.51%
Martin Preferred Foods LP TX$3.2M · 1.06%
W. Silver Recycling, Inc. TX$3.1M · 0.88%

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Source: U.S. Department of Labor, Form 5500 series, EIN 371482848 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.