Plan Ledger DOL Form 5500 · updated monthly

Southwest Range Services LLC401(k)

SOUTHWEST RANGE SERVICES 401(K) PLAN · WSMR, NM · plan year 2024

Reported admin expense ratio · 2024
0.34%

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

Southwest Range Services LLC reported $98,460 in plan administrative expenses for 2024: 0.34% of average plan assets, above the peer median. Employer contributions averaged $928 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 0.338%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 48th-largest of 290 plans among New Mexico employers on file, and the 4,134th of 11,654 in professional & technical services. In 2024, employees put in $9.09 for every $1.00 the employer contributed; active participation has shrunk from 292 to 245 since 2022.

Plan summary
Net assets, end of year$30,377,489
Participants with balances284
Active participants245
Employer contributions$227,437
Employee contributions$2,066,956
Employer contribution per active participant$928
Average account balance$106,963
Benefits paid to participants$3,148,538
Plan auditUnmodified (clean) audit opinion
AuditorPULAKOS CPAS, PC
Plan history3
Yearassets · accounts · employer contribution
2024$30.4M · 284 accts · $227K emplr
2023$27.9M · 288 accts · $227K emplr
2022$21.8M · 327 accts · $263K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$63,533
Investment management$34,927
Total administrative$98,460
The Southwest Range Services LLC 401(k) match · 2024
Employer contribution per active participant$928
Median for plans this size$2,416
2024$928 per active participant
2023$902 per active participant
2022$902 per active participant

Southwest Range Services LLC's 2024 employer contribution ran below the $2,416 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
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$63,532
RETIREMENT ADVISORS, LLC · Investment advisory (plan)$34,931
MORNINGSTAR INVESTMENT MANAGEMENT L · Investment advisory (participants)indirect comp

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$98,460 · 0.34%
2023$86,311 · 0.35%
2022$80,974 · 0.34%
Similar plansProfessional & Technical Services · New Mexico
Bohannan-Huston, Inc. NM$56.7M · 0.21%
Redw LLC NM$35.6M · 0.12%

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Source: U.S. Department of Labor, Form 5500 series, EIN 812275475 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.