Plan Ledger DOL Form 5500 · updated monthly

Solmax Geosynthetics, LLC.401(k)

SOLMAX GEOSYNTHETICS 401(K) PLAN · HOUSTON, TX · plan year 2024

Reported admin expense ratio · 2024
0.07%

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

Solmax Geosynthetics, LLC. reported $50,583 in plan administrative expenses for 2024: 0.07% of average plan assets, below the peer median. Employer contributions averaged $2,487 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 $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other manufacturing employers. By assets it is the 712th-largest of 5,688 plans among Texas employers on file, and the 2,091st of 13,661 in manufacturing. In 2024, employees put in $1.89 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$87,913,508
Participants with balances909
Active participants699
Employer contributions$1,738,132
Employee contributions$3,283,080
Employer contribution per active participant$2,487
Average account balance$96,715
Benefits paid to participants$9,091,536
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$49,817
Investment management$766
Total administrative$50,583
The Solmax Geosynthetics, LLC. 401(k) match · 2024
Employer contribution per active participant$2,487
Median for plans this size$3,635

Solmax Geosynthetics, LLC.'s 2024 employer contribution ran below the $3,635 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 · 20243
EMPOWER ADVISORY GROUP, LLC · Investment management$766
MATRIX TRUST COMPANY · Custodial (securities) · Trusteeindirect 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$50,583 · 0.07%
All plans at this employer2
SOLMAX GEOSYNTHETICS, LLC 401(K) PLAN401(k)
SOLMAX GEOSYNTHETICS 401(K) PLAN401(k)
Same employer
Similar plansManufacturing · Texas
Oq Chemicals Corporation TX$96.5M · 0.15%
Dril-Quip, Inc. TX$95.2M · 0.15%
Riviana Foods Inc. TX$90.0M · 0.19%
Haldor Topsoe, Inc. TX$87.2M · 0.17%
Visual Comfort & Co. TX$86.7M · 0.38%
Valid Management LLC TX$85.5M · 0.00%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 760101539 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.