Plan Ledger DOL Form 5500 · updated monthly

Stephen Joseph, Inc.401(k)

STEPHEN JOSEPH, INC. 401(K) PLAN · LUBBOCK, TX · plan year 2022

Reported admin expense ratio · 2022
0.81%

Stephen Joseph, Inc. reported $31,427 in plan administrative expenses for 2022: 0.81% of average plan assets, higher than ~75% of peers. 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 0.81% to 1.13%. The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other retail trade employers. By assets it is among the smaller plans on file in Texas (4,539th of 5,688), and 4,298th of 5,215 in retail trade.

Plan summary
Net assets, end of year$3,166,143
Participants with balances124
Active participants99
Employer contributions—
Employee contributions$139,397
Employer contribution per active participant—
Average account balance$25,533
Benefits paid to participants$920,386
Plan auditUnmodified (clean) audit opinion
AuditorROBINSON BURDETTE MARTIN & SERIGHT
Plan history3
Yearassets · accounts · employer contribution
2024$2.1M · 86 accts
2023$2.2M · 106 accts
2022$3.2M · 124 accts
What these fees cost you

Annual cost at the plan's reported 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history3
2024$24,325 · 1.13%
2023$29,892 · 1.11%
2022$31,427 · 0.81%
Same employer
Similar plansRetail Trade · Texas
US Expediters, LLC TX$3.3M · 0.21%
Cal's Convenience, Inc. TX$3.3M · 0.76%
Aries Freight Systems LP TX$3.2M · 0.72%
Quality Implement Company TX$3.0M · 0.51%

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Source: U.S. Department of Labor, Form 5500 series, EIN 752146463 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.