Plan Ledger DOL Form 5500 · updated monthly

Star Pipe Products, LTD.401(k)

STAR PIPE PRODUCTS, LTD. 401(K) PROFIT SHARING PLAN · HOUSTON, TX · plan year 2024

Reported admin expense ratio · 2024
0.37%

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

Star Pipe Products, LTD. reported $89,000 in plan administrative expenses for 2024: 0.37% of average plan assets, above the peer median. Employer contributions averaged $734 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 0.37%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other wholesale trade employers. By assets it is the 1,709th-largest of 5,688 plans among Texas employers on file, and the 1,539th of 4,246 in wholesale trade. In 2024, employees put in $3.49 for every $1.00 the employer contributed; active participation has grown from 402 to 766 since 2022.

Plan summary
Net assets, end of year$25,669,772
Participants with balances744
Active participants766
Employer contributions$562,023
Employee contributions$1,961,825
Employer contribution per active participant$734
Average account balance$34,502
Benefits paid to participants$1,863,352
Plan auditUnmodified (clean) audit opinion
AuditorHILLIARD & ASSOCIATES, P.C.
Plan history3
Yearassets · accounts · employer contribution
2024$25.7M · 744 accts · $562K emplr
2023$22.1M · 522 accts · $530K emplr
2022$18.0M · 434 accts · $267K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$37,528
Investment management$28,972
Audit (IQPA)$22,500
Total administrative$89,000
The Star Pipe Products, LTD. 401(k) match · 2024
Employer contribution per active participant$734
Median for plans this size$2,416
2024$734 per active participant
2023$1,152 per active participant
2022$664 per active participant

Star Pipe Products, LTD.'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
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$37,678
JAYKAY WEALTH ADVISORS INC · Investment advisory (plan)$25,994
HILLARD & ASSOCIATES, P.C. · Accounting / audit$22,500

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$89,000 · 0.37%
2023$60,177 · 0.30%
2022$78,239 · 0.39%
Similar plansWholesale Trade · Texas
Trans-Tech Energy, LLC TX$26.2M · 0.47%
Insco Distributing, Inc. TX$26.0M · 0.05%
Boedeker Plastics Inc. TX$25.7M · 0.30%
Otc Global Holdings, LP TX$25.7M · 0.25%
Litex Industries, Inc. TX$24.8M · 0.06%
Tidel Engineering LP TX$24.4M · 0.53%

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Source: U.S. Department of Labor, Form 5500 series, EIN 760000905 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.