Plan Ledger DOL Form 5500 · updated monthly

Spitzer Industries, Inc.401(k)

SPITZER INDUSTRIES, INC. EE'S SAVINGS & PROFIT SHARING PLAN · HOUSTON, TX · plan year 2024

Reported admin expense ratio · 2024
0.57%

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

Spitzer Industries, Inc. reported $84,586 in plan administrative expenses for 2024: 0.57% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,436 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 0.57%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 2,314th-largest of 5,688 plans among Texas employers on file, and the 6,735th of 13,661 in manufacturing. In 2024, the employer put in $1.77 for every $1.00 employees contributed themselves; active participation has grown from 445 to 553 since 2022.

Plan summary
Net assets, end of year$16,250,545
Participants with balances403
Active participants553
Employer contributions$1,346,889
Employee contributions$759,789
Employer contribution per active participant$2,436
Average account balance$40,324
Benefits paid to participants$1,360,081
Plan auditUnmodified (clean) audit opinion
AuditorMELTON AND MELTON
Plan history3
Yearassets · accounts · employer contribution
2024$16.3M · 403 accts · $1.3M emplr
2023$13.4M · 403 accts
2022$11.4M · 428 accts · $33K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$39,167
Investment management$45,419
Total administrative$84,586
The Spitzer Industries, Inc. 401(k) match · 2024
Employer contribution per active participant$2,436
Median for plans this size$2,416
2024$2,436 per active participant
2022$73 per active participant

Spitzer Industries, Inc.'s 2024 employer contribution ran above the $2,416 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 · 20242
JOHN HANCOCK RETIREMENT PLAN SVRCS · Recordkeeping · Investment advisory (participants)$39,970
STEPHENS GROUP ASSET MANAGEMENT · Investment advisory (plan)$41,827

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

Recordkeeper by year2
2024John Hancock
2023John Hancock

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

Administrative cost history3
2024$84,586 · 0.57%
2023$72,886 · 0.59%
2022$74,083 · 0.59%
Same employer
Similar plansManufacturing · Texas
Sharon Young, Inc. TX$16.4M · 0.33%
U.S. Lime & Minerals, Inc. TX$16.3M · 0.31%
Tjl Industries Inc TX$16.1M · 0.33%
Danhil Containers II, LTD. TX$16.1M · 0.58%
Trussway Holdings, Inc. TX$16.0M · 0.16%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 760495186 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.