Plan Ledger DOL Form 5500 · updated monthly

Sourcehov, LLC401(k)

EXELA 401(K) PLAN · IRVING, TX · plan year 2024

Reported admin expense ratio · 2024
0.19%

Sourcehov, LLC reported $626,201 in plan administrative expenses for 2024: 0.19% of average plan assets, higher than ~75% of peers. 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 0.18% to 0.19%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other professional & technical services employers. By assets it is the 272nd-largest of 5,688 plans among Texas employers on file, and the 502nd of 11,654 in professional & technical services. active participation has shrunk from 6,625 to 4,251 since 2022.

Plan summary
Net assets, end of year$338,873,009
Participants with balances6,204
Active participants4,251
Employer contributions—
Employee contributions$12,957,686
Employer contribution per active participant—
Average account balance$54,622
Benefits paid to participants$48,742,861
Plan auditUnmodified (clean) audit opinion
AuditorSUTTON FROST CARRY LLP
Plan history3
Yearassets · accounts · employer contribution
2024$338.9M · 6,204 accts
2023$332.7M · 7,467 accts
2022$321.3M · 8,395 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$607,701
Investment management$18,500
Total administrative$626,201
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
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$523,207
UBS FINANCIAL SERVICE · Investment advisory (participants) · Investment advisory (plan)$84,137
SFC CERTIFIED PUBLIC · Accounting / audit$18,500

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$626,201 · 0.19%
2023$592,553 · 0.18%
2022$637,200 · 0.18%
Same employer
Similar plansProfessional & Technical Services · Texas
Haynes and Boone, LLP TX$360.5M · 0.03%
Technip Energies USA, Inc. TX$346.4M · 0.07%
American Bureau of Shipping TX$344.9M · 0.05%
Claims Services Group, LLC TX$314.9M · 0.12%
Jackson Walker LLP TX$309.0M · 0.04%
Fugro (USA) Holdings Inc TX$306.6M · 0.28%

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Source: U.S. Department of Labor, Form 5500 series, EIN 262270219 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.