Plan Ledger DOL Form 5500 · updated monthly

Stracon Services Group, LLC401(k)

STRACON SERVICES GROUP 401(K) PLAN · FORT WORTH, TX · plan year 2024

Reported admin expense ratio · 2024
0.72%

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

Stracon Services Group, LLC reported $83,585 in plan administrative expenses for 2024: 0.72% of average plan assets, higher than ~90% of peers. Employer contributions averaged $5,324 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 0.59% to 0.72%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 2,655th-largest of 5,688 plans among Texas employers on file, and 7,082nd of 11,654 in professional & technical services. In 2024, employees put in $1.35 for every $1.00 the employer contributed; active participation has grown from 188 to 233 since 2022.

Plan summary
Net assets, end of year$13,030,355
Participants with balances286
Active participants233
Employer contributions$1,240,584
Employee contributions$1,674,143
Employer contribution per active participant$5,324
Average account balance$45,561
Benefits paid to participants$1,356,186
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$13.0M · 286 accts · $1.2M emplr
2023$10.2M · 267 accts · $1.0M emplr
2022$7.4M · 287 accts · $926K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$32,320
Investment management$51,265
Total administrative$83,585
The Stracon Services Group, LLC 401(k) match · 2024
Employer contribution per active participant$5,324
Median for plans this size$2,416
2024$5,324 per active participant
2023$4,687 per active participant
2022$4,927 per active participant

Stracon Services Group, LLC's 2024 employer contribution ran above the $2,416 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 · 20242
ASCENSUS LLC · Loan processing · Recordkeeping$32,320
SANCTUARY ADVISORS LLC · Investment advisory (plan)$47,164

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$83,585 · 0.72%
2023$68,536 · 0.78%
2022$41,188 · 0.59%
Same employer
Similar plansProfessional & Technical Services · Texas
Boka Powell, LLC TX$13.2M · 0.36%
Calvetti Ferguson, LLC TX$13.2M · 0.38%
Canva US, Inc. TX$13.1M · 0.41%
Chemical Weed Control, Inc. TX$13.0M · 0.22%
Sirius Solutions, Lllp TX$12.9M · 0.01%
Morae Global Corporation TX$12.8M · 0.40%
B.E.A.T., LLC TX$12.8M · 0.53%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 205799138 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.