Plan Ledger DOL Form 5500 · updated monthly

Stan Houston Equipment Company, Inc.401(k)

STAN HOUSTON EQUIPMENT COMPANY, INC. 401(K) PLAN · SIOUX FALLS, SD · plan year 2024

Reported admin expense ratio · 2024
0.25%

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

Stan Houston Equipment Company, Inc. reported $16,605 in plan administrative expenses for 2024: 0.25% of average plan assets, below the peer median. Employer contributions averaged $2,708 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 0.21% to 0.25%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other wholesale trade employers. By assets it is among the smaller plans on file in South Dakota (165th of 233), and 3,354th of 4,246 in wholesale trade. In 2024, employees put in $1.20 for every $1.00 the employer contributed; active participation has grown from 135 to 188 since 2022.

Plan summary
Net assets, end of year$7,036,609
Participants with balances122
Active participants188
Employer contributions$509,141
Employee contributions$610,412
Employer contribution per active participant$2,708
Average account balance$57,677
Benefits paid to participants$1,414,851
Plan auditUnmodified (clean) audit opinion
AuditorBRADY MARTZ & ASSOCIATES
Plan history3
Yearassets · accounts · employer contribution
2024$7.0M · 122 accts · $509K emplr
2023$6.5M · 114 accts · $484K emplr
2022$5.3M · 108 accts · $504K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$16,605
Total administrative$16,605
The Stan Houston Equipment Company, Inc. 401(k) match · 2024
Employer contribution per active participant$2,708
Median for plans this size$1,313
2024$2,708 per active participant
2023$3,226 per active participant
2022$3,732 per active participant

Stan Houston Equipment Company, Inc.'s 2024 employer contribution ran above the $1,313 median for plans its size, placing it in the top 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 · 20241
ASCENSUS LLC · Loan processing · Recordkeeping$16,605

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

Recordkeeper by year2
2024Ascensus
2023Ascensus

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

Administrative cost history3
2024$16,605 · 0.25%
2023$14,278 · 0.24%
2022$11,891 · 0.21%
Similar plansWholesale Trade · South Dakota
M.G. Oil Company SD$12.7M · 0.28%
Jds Industries, Inc. SD$12.1M · 0.12%
Sullivan, Inc. SD$7.9M · 0.14%
UNITY4ALL, Inc. SD$7.0M · 0.79%
Agwrx SD$6.2M · 0.63%

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Source: U.S. Department of Labor, Form 5500 series, EIN 460222769 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.