Plan Ledger DOL Form 5500 · updated monthly

Southwestern Carpets, LLC401(k)

SOUTHWESTERN INTERIORS 401(K) PLAN · LEWISVILLE, TX · plan year 2023

Reported admin expense ratio · 2023
0.74%

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

Southwestern Carpets, LLC reported $30,914 in plan administrative expenses for 2023: 0.74% of average plan assets, above the peer median. Employer contributions averaged $639 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 has held roughly steady near 0.74%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in Texas (4,132nd of 5,688), and 4,049th of 5,337 in construction. In 2023, employees put in $8.48 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$4,745,619
Participants with balances125
Active participants124
Employer contributions$79,196
Employee contributions$671,840
Employer contribution per active participant$639
Average account balance$37,965
Benefits paid to participants$212,311
Plan auditUnmodified (clean) audit opinion
AuditorGARRETY AND ASSOCIATES CPA, LLC
Plan history3
Yearassets · accounts · employer contribution
2024$0 · $52K emplr
2023$4.7M · 125 accts · $79K emplr
2022$3.6M · 114 accts · $67K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$13,247
Investment management$17,667
Total administrative$30,914
The Southwestern Carpets, LLC 401(k) match · 2023
Employer contribution per active participant$639
Median for plans this size$1,308
2023$639 per active participant
2022$597 per active participant

Southwestern Carpets, LLC'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
STANCORP FINANCIAL GROUP · Claims processing · Recordkeeping$13,247
INTELLICENTS INVESTMENT SOLUTIONS I · Investment advisory (plan)$17,667

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

Recordkeeper by year2
2024The Standard
2023The Standard

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

Administrative cost history3
2024Not separately reported
2023$30,914 · 0.74%
2022$29,969 · 0.78%
Same employer
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Teal Construction Company TX$4.7M · 0.49%
Capstone Mechanical, LLC TX$4.6M · 1.39%
Intercool USA, LLC TX$4.6M · 0.93%
Ptw Energy Services, Inc. TX$4.6M · 0.71%

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Source: U.S. Department of Labor, Form 5500 series, EIN 751526052 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.