Plan Ledger DOL Form 5500 · updated monthly

Srf Personnel, Inc.401(k)

SRF PERSONNEL, INC. EMPLOYEES QUALIFIED INVESTMENT PLAN AND TRUST · SOUTHLAKE, TX · plan year 2024

Reported admin expense ratio · 2024
0.70%

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

Srf Personnel, Inc. reported $38,292 in plan administrative expenses for 2024: 0.70% of average plan assets, above the peer median. Employer contributions averaged $160 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 rose from 0.16% to 0.70%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Texas (3,926th of 5,688), and 9,590th of 11,654 in professional & technical services. In 2024, employees put in $12.89 for every $1.00 the employer contributed; active participation has grown from 149 to 199 since 2022.

Plan summary
Net assets, end of year$5,522,676
Participants with balances216
Active participants199
Employer contributions$31,781
Employee contributions$409,639
Employer contribution per active participant$160
Average account balance$25,568
Benefits paid to participants$1,177,164
Plan auditUnmodified (clean) audit opinion
AuditorMADDOX & ASSOC
Plan history3
Yearassets · accounts · employer contribution
2024$5.5M · 216 accts · $32K emplr
2023$5.5M · 221 accts · $31K emplr
2022$4.5M · 225 accts · $32K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$21,915
Investment management$16,377
Total administrative$38,292
The Srf Personnel, Inc. 401(k) match · 2024
Employer contribution per active participant$160
Median for plans this size$1,313
2024$160 per active participant
2023$221 per active participant
2022$213 per active participant

Srf Personnel, Inc.'s 2024 employer contribution ran below the $1,313 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 · 20242
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$21,915
NFP RETIREMENT INC · Investment advisory (plan)$15,989

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$38,292 · 0.70%
2023$13,564 · 0.27%
2022$8,023 · 0.16%
Same employer
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Godwin Bowman PC TX$5.6M · 0.84%
Digital Air Control, Inc. TX$5.5M · 0.05%
Powertherm Co Inc TX$5.5M · 0.01%
Minol, Inc. TX$5.5M · 0.47%

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Source: U.S. Department of Labor, Form 5500 series, EIN 752231980 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.