Plan Ledger DOL Form 5500 · updated monthly

Strong Services L.P.401(k)

STRONG SERVICES L.P. 401K PLAN · CARTHAGE, TX · plan year 2024

Reported admin expense ratio · 2024
0.66%

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

Strong Services L.P. reported $39,054 in plan administrative expenses for 2024: 0.66% of average plan assets, above the peer median. Employer contributions averaged $983 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 0.66%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other mining, oil & gas extraction employers. By assets it is among the smaller plans on file in Texas (3,774th of 5,688), and 486th of 612 in mining, oil & gas extraction. In 2024, employees put in $1.46 for every $1.00 the employer contributed; active participation has grown from 326 to 436 since 2022.

Plan summary
Net assets, end of year$6,204,125
Participants with balances128
Active participants436
Employer contributions$428,445
Employee contributions$624,026
Employer contribution per active participant$983
Average account balance$48,470
Benefits paid to participants$1,018,239
Plan auditUnmodified (clean) audit opinion
AuditorHEARD, MCELROY & VESTAL, LLC
Plan history3
Yearassets · accounts · employer contribution
2024$6.2M · 128 accts · $428K emplr
2023$5.7M · 109 accts · $355K emplr
2022$4.5M · 116 accts · $540K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$3,460
Trustee / custodial$35,594
Total administrative$39,054
The Strong Services L.P. 401(k) match · 2024
Employer contribution per active participant$983
Median for plans this size$1,313
2024$983 per active participant
2023$865 per active participant
2022$1,657 per active participant

Strong Services L.P.'s 2024 employer contribution ran below the $1,313 median for plans its size. 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
TEXAS BANK AND TRUST · Recordkeeping · Trustee$38,564
CURTIS BLAKELY & CO., PC · Accounting / auditindirect comp

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

Recordkeeper by year2
2024TEXAS BANK AND TRUST
2023TEXAS BANK AND TRUST

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

Administrative cost history3
2024$39,054 · 0.66%
2023$33,544 · 0.66%
2022$31,513 · 0.67%
Similar plansMining, Oil & Gas Extraction · Texas
Nichols Oil Tools TX$7.1M · 1.12%
Bass Energy Services LLC TX$6.8M · 0.74%
Oil Patch Group, Inc. TX$6.6M · 1.03%
Compass Well Services LLC TX$6.4M · 0.09%
Total Sand Services, LLC TX$5.6M · 0.71%
Rwls, LLC TX$5.4M · 0.12%

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Source: U.S. Department of Labor, Form 5500 series, EIN 320058717 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.